There are problems all over the world like the branches of a banyan tree. Population expansion and rapid urbanization in metro cities is also reducing parking space with the increasing ownership rate of vehicles and the amount of traffic congestion. Finding empty parking space in a congested area, especially during peak hours, is an important task for drivers. When people go to business areas, the need for parking is a major issue. This makes it more prone to collisions due to increased fuel consumption, air pollution, stressed motorists and the inability to accurately predict travel time and tightly packed space. The popular principle of “time money” is considered in areas where drivers are forced to waste time circling for the ideal place to park their vehicles. The scheme also mentions the smart parking system of vehicles along with the reservation mode provided to the customers to book the parking slot through IoT (Internet of Things). This saves fuel and time during heavy traffic. It can be used in shopping malls, airports, hospitals and more.