It is expected to be in the next 100 years, world's maximum population is going to be living in cities. Hence the usage of vehicle and its related services will be crucial. As the number of vehicles increases, parking of the vehicle in cities are going to be challenging issue, especially in terms of pollution and maintaining the eco system of the area. Many people are not interested to use traditional or automated parking area because of the difficulty they face during the usage. Even people find it difficult to trace the return path to their own vehicle. The larger number of smart car parking systems is implemented in various countries which normally solve the problem of parking space and effective utilization of utilities. But in a highly populated area safety of the people in a parking slot and retracing of the vehicle is going to be very challenging due to its nature of heterogeneous people and variety of vehicles. An IOT enabled Sensor network based Advanced parking space with camera and audio sensors will be able to collect large amount of data which can be utilized to generate interesting pattern using suitable machine learning algorithm. As the environment is complex and heterogeneous; a better optimization always will be able to provide improved safety to the people as well as vehicle in the area.