If you have vacant space in or outside cities, you can make use of it. This is exactly what Mr Lal did in a Tier 2 city of Indian state, Chhattisgarh. But without the proper tools in hand it became difficult, as a result he was earning less. And this is exactly what happened for him. For the first few years, he generated around ₹18,000 revenue per month. He contacted us for the right tools, and we helped him earn over ₹55,000 per month using our license plate camera solution.
Purchasing land away from good locations is a good investment in the long run. But, because of this, they become less lucrative if you want revenue from them. Because of this smart people with unused land are converting it into parking lots as passive income generators. You can now use lands purchased for future use or appreciation to generate revenue without investing much. Parking lots are a great source of passive income these days with low overheads like salary and electricity. Investors spend millions on acquiring the land resources and then put some more into building the parking lot infrastructure. Investing in roads, and setting up electrical, plumbing, and security infrastructure. But, here, some people have come up with a rather smart idea. Instead of running with additional overheads, they go minimal. In 2024, hundreds of such parking lots are popping up in and around cities; albeit some with a smart Indian twist. These minimal parking lots are simple. They have a watchman with a piece of paper and pen to manage vehicles coming in and out.
Challenges
The primary challenges faced by such minimal lots:
- Lacking Peace of Mind: The vast area of the parking lot and its surroundings do not have enough surveillance. Making it difficult to monitor all activities effectively thereby keeping the owner worried.
- Response to Issues: There was a delay in responding to incidents because of a lack of real-time monitoring and alert systems.
- Record Keeping: Manual entry of vehicles in the register was prone to errors and inefficiencies. It lacked trust because there was no way to verify records.
This is exactly what was happening with Mr Lal’s parking lot. He had a family of 2 stationed at the parking lot, to guard the area and record transactions. Firstly he started with cash only. But then he expanded to PhonePe because of transparency. He thought he would be at peace because now the money came to his bank account. He was in dilemma for the next 1 year wondering if everything was fine. But, as you guessed, it was not. Then he did some simple math and things didn’t add up. And excuses from the guard only made it worse.
Solution
Finally is when he reached out to a friend and the friend referred him to us. Initially, he was skeptical because he didn’t understand the technology. We signed the contract for Visomni’s parking solution with license plate cameras. He paid on Monday, we surveyed on Tuesday, and we were up and running by Thursday.
Key components of the Sentry system with license plate cameras included
- ANPR Cameras: License plate cameras automatically capture and record all number plates entering and exiting the lot.
- Real-Time Alerts: Instant alerts notify the security team of any suspicious activities.
- Live Dashboard: Live dashboard allows real-time situation monitoring. To increase transparency, reports including money earned are sent every week.
Results
Now every single transaction is recorded, and every single time the door opens for the compound alerts are triggered and verified by a remote team securely. Every single truck that enters now gets recorded by license plate cameras. When exiting they are billed accordingly. Now, he can sit at home and enjoy time with his family. While the system works for him to make him over ₹1,500 on most days and more than ₹4,000 on weekends.
License plate cameras can do more than just record videos of vehicles entering and exiting.
“See more, do more” is something we believe in. We believe to make the right decision and achieve the right mindset you need to be able to see with clarity. And our surveillance solution with license plate cameras helped him do just that.
Attach Youtube Link – Watch how we transformed a simple parking lot from earning ₹18,000 to ₹60,000 per month with our advanced CCTV and real-time tracking system. Discover the power of smart security solutions for your business today! 🎥✨ #BusinessGrowth #SmartSecurity #CCTV
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