Monday, July 19, 2010

Turn your vacant land to parking lot


Until yesterday, a vacant plot may have become garbage dumping places, houses for rats & other dangerous creatures & becoming mosquito hub. Today, a site owner in Jayanagar has turned his vacant residential plot into a parking lot. Interestingly, he is earning more money from the vacant plot than he could have after constructing a building there.

Vishwanath had left his residential plot vacant on 7th Main Road in 5th Block Jayanagar for more than ten years. His neighbors often complained that his site had become a hangout for people looking to carry out illicit acts. Vishwanath was also tired of receiving complaints for a crime he never committed. Recently, he turned his vacant residential plot into a parking lot sensing so much value for his plot.

Vishwanath was tired of receiving complaints from neighbors. Recently, a textile dealer approached him seeking permission to use his vacant plot as a parking lot. At a time when the negotiation was under way, one more businessman, who deals in gold ornaments, contacted him for the same reason. Sensing so much value for his plot, Vishwanath cleaned it up, removed the undergrowth, heightened the compound wall and installed wide gates for the vehicles to pass through.

Finally, he has now signed a rent agreement with a promise of earning Rs. 25,000 a month a huge sum in the neighborhood where many houses have long fallen vacant for lack of tenants. Vishwanath's is believed to be the first private parking lot in the whole of Jayanagar.

Source: Jagran CityPlus

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