Tom Vanderbilt in his book Traffic: Why we drive the way we do says, " The way humans hunt for parking and the way animals hunt for food are not as different as you might think..”
Automobile industry sector boomed with the globalization of economy. Availability of multiple international brands and affordable pricing made the dream come true for many families. Plethora of private vehicles crammed the streets. Urban population swelled due to employment opportunities and the available facilities. Introduction of huge shopping malls brought all recreational activities under one roof. Routes of mass public transportation and frequency of access are not sufficient to meet the growing demand in transportation. There is a huge imbalance in supply of vehicles and the demand for proper traffic management, while planning the infrastructure of cities. All these lead to one big parking problem and a new business sector – Parking Management.
Time is precious than money, and every minute mints money. People prefer own vehicles as they offer flexibility, comfortability, and privacy. While public vehicles are constantly on the run, private vehicles remain idle for longer duration. read more[..]
Do you have any Query / Doubt? Feel free Get in Touch