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Abstract: Today many metropolitan areas have seen explosive growth in the number of visitors and patrons due to urban revitalization, extension of transit services into suburban areas, and the general trend toward increased mobility of our society. As a result, there are too many vehicles on the road and insufficient parking spaces. This has led to the need for an efficient parking management system. With the help of a computerized system, we can deliver a good service to citizens who want to park their vehicle into the any organization’s premises using Internet of Things (IOT) based on parking management system. In this context, Internet of Things (IOT) uses sensors to connect physical parking space infrastructures with information and communication technologies, where cloud-based smart management services are provided. To implement this concept a mobile based application would be developed. This mobile application will allow an end user to check the availability of parking space and book a particular parking lot accordingly. Each parking lot would be equipped with a control system that enables monitoring of the number of free and occupied parking places and informing users about the parking lot status (open with/without free available parking spaces or closed) Additionally the application would display parking service payment according to parking time duration. Also, it will sense if a vehicle has arrived on the gate for automated gate opening. This allows users to check for available parking space online from anywhere for hassle free parking. Thus, the system solves the parking issue.