TG number plate: Fancy number auction rakes in Rs. 43.70 lakh in single day for Khairatabad RTA
On Monday, the Regional Transport Authority (RTA) office in Khairatabad collected Rs.43.70 lakh through auction and sale of fancy numbers.
Hyderabad: The Regional Transport Authority (RTA) office in Khairatabad collected an impressive Rs 43.7 lakh in a single day on Monday, solely through auction and sale of fancy numbers, even as the registration number ‘TG 09 9999’ commanded a massive bid of Rs 25.5 lakh by Soni Transport Solutions for their brand new ‘Toyota Land Cruiser vehicle’.
According to officials from the RTA, several high-value numbers fetched substantial amounts during the recent registration number auctions.
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So far, this was the highest bid amount to the department for this fancy registration number.
Furthermore, the registration number TG 09 A 0006 was auctioned for Rs 2.7 lakh and TG 09 A 0005 fetched Rs 1.8 lakh.
Similarly, TG 09 9799 number was sold for Rs 1.1 lakh to William Cany Sandhya Jalagam and TG 09 A 0009 was sold for Rs 1.1 lakh to SK Car Lounge.
The demand for personalised registration numbers continues to grow, with car owners expressing a variety of preferences.
As the popularity of fancy numbers continues to soar, the transport department anticipates a sustained stream of interest and revenue from future registration number auctions.
Meanwhile, as the news became viral on social media, several users were left in splits on the absurd amount shelled for the fancy number.
While some users defended the act, others opined it could have used for charity instead.
