Uber India — 2.3x surcharge charged for advance booking

Address:Hyderabad, Andhra Pradesh, 500056
Website:Uber

After seeing the estimated price I have made a advance booking for an important trip and when driver arrived a message been sent by uber "Fares are higher due to increased demand. You can cancel in the next 5 minutes without a fee. Please be ready within 5 minutes of arrival." which I have received after getting into the cab.
What's the purpose of providing advance booking option? If they want to raise prices in last minute.
If they increase the price in last minute which I cannot afford, then how would I need to plan my trip in last minute?
The time which got wasted in waiting till the last minute, how would uber justify this?
If intimation was provided at the booking itself, I would have planned other ways of transport.
It's purely cheating people in last minute as they won't have other options at that time if it is an important trip.
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