Since the end of 2021, the Greater Visakhapatnam Municipal Corporation's Multi-Level Car Parking facility at Jagadamba Junction has been open to the public. The computerized and mechanical parking facility has parking for nearly 100 cars. This facility is located on the inside road, directly across from the Jagadamba Theatre.

GVMC spent Rs 9.7 crore on this Smart City facility to address the parking issue at Jagadamba Junction, which has a large floating population due to shopping malls, movie theatres, restaurants, hospitals, and others. This facility is also close to a temple, a mosque, a church, and function halls.

This GVMC's Multi-Level Car Parking facility charges Rs 30 for the first two hours of parking and Rs 10 per hour after that. Visitors to Jagadamba, KGH, Zilla Parishad, Judge Court, and other areas can utilize this facility. People looking for safe parking while on vacation can also use this facility to park their four-wheelers.