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Anonymous

Hey I am on Medial • 11m

Got an idea What if we could rent an area to park the car and they could park there by giving a small sum to the owner of the land through the app Like we could find areas where they r willing to rent the parking spot And if a guy needs to park his car He checks through the app and finds a spot Pays a sum for a particular time and he/she could park there What all r the disadvantage

24 replies10 likes
Replies (24)
Anonymous
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Anonymous 2

Hey I am on Medial • 11m

I have heard about this type of business,it's there in some metros(like park+ ), Few challenges are: 1)App building and maintenance, 2)Finding lands in metro cities is difficult, 3)Many are not willing to pay for parking in india,they like free parking even though they had a car, 4) Security is a concern, 5)we have huge traffic problem but coming to parking almost all malls have enough parking,when it comes to small shops:no one will find a parking place to park it and buy for 5 mins work he has in that shop,he simply park near by and completes his work. On the other side in rush area's you idea will workout like public markets etc where land prices are high so parking fee will also be high,in nutshell it can be a business but have less scope to make it profitable.

1 replies1 like

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