Suziflea

Ramirez36 · Joined: 09 Nov 2007 Posts: 1

It is a big headache to the owner of a luxury car who is inching from south to north looking for a space that will accommodate his car. And a bigger one to the city planners who always think in short-term strategies about a problem that has long-term consequences and the capability to bring the entire economic train to a standstill.

While the economy is on the double and land prices going through, the roof parking problems have not eased. The all-around prosperity has led to more and more people buying personal vehicles, just as good road-building, parking planning or parking management appear nowhere on the horizon of the general economic agenda.

The downside of course is that it will gradually come to hit the economic growth as experts on parking management see in availability of sufficient parking space a sign of welcome to a town or a city. They point out that parking space makes one of the first impressions about a city, town, or Kochi flats.

Like the city planners, the building industry has been set thinking about meeting the new challenges. Buyers of flats or living apartments now demand full parking space. Availability of 100 per cent parking space makes one of the first impressions about a project, perhaps along with the location.

The builders have realized it too. It is no longer possible to sell an apartment or a flat without sufficient parking space. Though the building industry in Kerala did not pay much attention to parking facilities in the early stages of the new residential culture in the 90s, there is now a definite push towards providing full parking space.

If lack of parking space pushed down prices of flats in the past, no builder now thinks of a project without parking space. Naturally, the price of parking space is realized from the buyers of flats or residential apartments as prices spiral. There is no doubt among the builders that providing sufficient parking space makes a project saleable.