The digital parking plaza, developed by the Capital Development Authority (CDA) and the Metropolitan Corporation Islamabad (MCI), will remain open 24 hours a day, seven days a week.
According to the administration, motorists will also be able to benefit from free parking during the initial few days of the facility's operation.
Under the announced parking fee structure, the first 20 minutes of parking will be free. After that, cars will be charged Rs100, while motorcyclists will pay Rs50.
The new parking plaza is expected to provide much-needed relief to motorists visiting Blue Area, one of Islamabad's busiest commercial and business districts, where finding parking space has remained a major challenge.
The facility is also expected to help reduce roadside parking and improve traffic management in the commercial hub.
The launch of the digital parking plaza is part of efforts to improve urban infrastructure and provide modern parking facilities to residents, shoppers and visitors in the federal capital.