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The project report is a proposal of an “entrepreneurship idea” on parking management, solving one of the eminent and evolving urban problem. The project is term as “‘Park Share’” which works on an IOT (Internet of things) platform by providing a service to all drivers and stakeholders related to parking sector. ‘Park Share’ is a way to optimize the parking spaces in big cities. Private parking owners like offices, schools, colleges and individuals can rent out their parking space at times they don’t use it.