The business of parking lots could grow into a Rs 5,500 crore per year opportunity by 2010
Perhaps one of the most frustrating issues of today is that of unavailability of parking space. Even still not many like the idea of doing something about it. Like the drawing room of a house, the first impression of any commercial building is made at the parking area.
Let us begin with some interesting statistics provided to DARE by Dr. T. Elangovan, of the National Transportation Planning and Research Centre (NATPAC), “As per 2004 statistics, India had a vehicle population of 7.3 crore As of 2007, the number of vehicles registered in India is around 10 crore. In other words, 1 in 10 Indians own a motor vehicle,” He chips in another interesting analysis, “It is roughly estimated that out of 8760 hours in a year, on an average, a car runs for only 400 hours or so, leaving the remaining 95% of its time in parking.” Estimating the collections made at various existing parking facilities, K. Subramanian, Director at Urbane Autopark India Pvt. Ltd, which is also the distributor of DKEE International, says, “In 24-hour parking locations, such as Chennai airport, the monthly collection at the parking lot goes above Rs 1 crore. That too, collected in traditional (manual) fashion. The collections could see a jump of nothing less than 50% if automated systems were installed.” These bits speak volumes about the opportunity in parking lot business.
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| “Out of 8760 hours in a year, on an average, a car runs for only 400 hours or so, leaving the remaining 95% of its time in parking." - Dr T Elangovan, Scientist-G, National Transportation Planning and Research Centre |
Different types of parking
While on-street parking can solve the parking problem in Indian cities to some extent, it is not the only solution, nor is it the most desirable in all cases. Even in on-street parking, there are different models and methods. Some of these have been attempted in various cities in India with varying success. Subramanian cites some examples, “Singapore has a prepaid card system of parking, which was implemented in the city of Hyderabad; but it failed, while the European system of coin-operated parking meters rolled out on the busy Brigade Road in Bangalore has largely succeeded”. Apparently, Brigade Road used to have 500 cars parked throughout the day before this system was implemented. This number has increased to 1500 after the implementation of the system, leading to not only more revenues, but also to more parking for shoppers in the areas.
As for off-street parking, the common types of facilities are surface car parking, multi-storey car parks, roof parking, mechanical car parking, and underground car parking. According to Elangovan, “There are about 40 cities in India with million plus population where parking garage facilities can be effectively used. The four jumbo metropolitans and another dozen metro cities like Bangalore, Hyderabad, Ahmedabad, Pune, Kanpur, etc can be the target group in the first phase, and can gradually be enlarged to other million plus cities. In European countries, multilevel car parking has been in use, in almost all five lakh plus population cities for over two decades.”
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| “The collection at Chennai airport parking is estimated at about Rs 1 crore per month. There are opportunities all over the country lying untapped for equipment manufacturers, magnetic ticket printing and managing parking lots." - K Subramanian, Director, Urbane Autopark India Pvt. Ltd |
Return on investments, from these parking garages, can come in many forms; commercial utilization of the premises and user fees (collection) being the primary source. However, one incessant issue that parking lots have constantly faced is the difference between the collectables and actual collection. The reasons for the difference in funds are manifold. It could have been larceny of the parking attendants, flat rate for no matter how long a vehicle remained parked at the lot, etc; which is easily tackled by the sophisticated parking equipment installed now. How much will these machines ameliorate the parking facilities? Well, in one particular highly popular mall in Delhi NCR; the daily collections saw an increase of 30% from the collections before they decided to install automated machines to manage the parking lot.
Some offshoot opportunities
Apparently, the equipment required for parking management are mostly imported, not before paying up hefty duties on them. Even magnetic ink tickets (a la barcode) used at parking lots has to be mostly imported. With nobody or too few players in India, these areas hold huge potential as promising business opportunities. Apart from this, even simply operating parking lots sounds good. Already existing players, like Urbane Autopark, train their parking lot operators, to increase efficiency and provide good service to the customers.
Calculation of space requirement
Since parking is a function of land use, there is a uniform standard prescribed for meeting the parking requirement at different land use developments. The specifications prescribed by the Indian Road Congress and zone regulations by the master plan of the area, recommend appropriate norms for providing parking space. A car requires a space of 2.5 x 5.0 meters, while a mini bus or van requires an area of 3.0 x 6.0 meters.
A parking garage of 200 x 200 ft can accommodate roughly 100 cars or 500 scooter/motorcycles. A five-storey parking garage can easily accommodate parking requirement of 300 cars and between 750-1000 scooters/motorcycles.
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written by ABDUL RAHIM INAMDAR, July 15, 2010
Subject:- help to ngo for making a shelter home for orphaned street children & old age home
Dear Sir/Madam
asslmalikum
we a inamdar abdul rahim patel organization is a, not- profit and non -Governmental organization in karanataka . Though the organization is established legally registered on1995 and registration Number 181/karanataka/94-95 by the state Government of karanataka Established by dedicated professionals who were working in different child focused organization before. Some of them were experienced orphan & vulnerable life so far, the number of street children present in the boundaries of gulbarga is over 2500 and the situation is really pathetic & inhumane. We are presently looking for financial support, as for our mandate so that we can take up the activities in the benefited of the distressed children. However our present program is running under 'karanataka State AIDS control , which is based on behavioral change in the street children. Furthermore, we understand that for overall development of street children there untouched, we believe that you and we share same missions & good & you will be happy to extend to us the financial support. If you have any queries about our organization please feel free to have communication & sharing. Anticipating a favorable response AMREEN ngos mission is to provide care, love and development for children living on the streets of chittapur GULBARGA
We strive to help as many children as possible and focus on those in most urgent need.
We assist children with their immediate challenges, such as homelessness, malnutrition and illness, while also developing their attitudes and skills so they can make a better future for themselves.
We reach over 1000 children daily through our street schools,MADARSSA vocational centers. We want to do more.
AMREEN NGOS is a fully registered, non-profit, non-governmental organization. It was established in 1995 and employs a staff of seventy dedicated local people. Salaries are modest, the office is small, and we stretch our funds to maximize their impact. Unlike many other organizations, AMREEN NGOS has little savings, but spends what it gets. The annual budget is about $200,000.
The eleven-member Board is elected bi-annually and consists of doctors, professors, social workers and community members
AMREEN main activities are the provision of:
•an information/advice help line for children in need
•repatriation of children to their families
•temporary and permanent homes
•medical care and sanitation
•nutrition
•emotional support and counseling
•education
•vocational training
•awareness, advocacy and research
The temporary homes, vocational centers and counseling services are recent additions to our services. We would like to expand our thriving vocational training program further, and build more homes. We are introducing a Monitoring and Evaluation process across all our programs in order to increase the quality and efficiency of our services. And we are increasing our fund-raising efforts in order that we may help as many street children as possible.
Mission:
•provide care, love and development for
children living on the streets of chittapur gulbarga
Philosophy:
•help as many children as possible
•focus on those in greatest need
•do not discriminate or avoid difficult cases
Strategy:
•create a comprehensive system of services to fulfill children’s long-term needs for education, skills, and emotional support, as well as their short-term needs for nutrition, health and shelter
•maximize the impact of this system through: integrating programs, monitoring and improving the quality of service, and seizing opportunities to expand
The organization program components
•Care & Support of orphans & vulnerable children
•Multy sect oral the abused child protection system
•Adoption
•Health
•Street children
•Education
• sponsor ship
• Disability
• Income generation
•HIV/AIDS
•Gender/Women’s Right/
The end result is to raise reliable, responsible, resourceful and productive citizens through providing and facilitating the education, instruction, training and equipping with skills to the children. Besides, preaching gospel & spiritual based training.
As we mentioned above AMREEN NGOS accomplishing different programs before & now a days there are 500 orphans & vulnerable children assisting by the organization. But, due to financial & material constraints and also lack of getting sufficient training in the domestic & abroad to build organization capacity, we couldn’t running the current & the near future programs properly. Now days a number of beneficiary children increases from time to time. So, we need any partner who is willing to work with us AMREEN NGOS still have no permanent partner who can share it’s burden. Finally, we have a F C R ACT 1976 we kindly request your little contribution & visiting our project areas.
God Bless our world
best regrads
INAMDAR ABDUL RAHIM PATEL
PROJECT DIRECTOR
AMREEN SAMAJ SEVA VIDHYA VARADHAK SANGH
# 1-3014/30/2/a SAHAHBAZ CLONEY
OLD JEWARGI ROAD GULBARGA 585102
karanataka state india
Email;abdulrahim909@gmail.com
cellno 09739485999
thank you
written by tarak chawla, April 22, 2009
written by tarak chawla, April 22, 2009
Regards
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