Friday, September 5, 2014

Fancy car registration numbers up for grabs

Delhiites eager to get fancy registration numbers for their prized cars will soon be able to bid for them. The Delhi Government's Transport Department is all set to begin an online auction of such numbers in about a fortnight’s time. However, the much cherished numbers would come at a price – the reserved price would range between Rs 1 lakh and Rs 5 lakh.

“The logistics for the auction has been put in place. Trial for the online registration and auction has been conducted. The final blueprint of the guidelines and instructions for the bidders is being prepared. It will be available on the website once ready. A helpline will also be established for guiding interested persons. The date of starting the e-auction will be notified soon,” said Special Commissioner (Transport), Kuldeep Singh Ganger.

The online auction will be conducted by the Delhi Transport Infrastructure Development Corporation (DTIDC) on behalf of the Transport Department. Officials said the fancy numbers have been categorised into four groups, with each category having a minimum reserve price ranging from Rs. 1 lakh to Rs 5 lakh.

While the authorities have decided to put about 140 fancy numbers in the first round, sources said around 45,000 registration numbers are available for auction that would be cleared in phases.

A person can bid for 10 numbers against one unique acknowledgment number (UAN) of registration, getting only one if successful. People willing to buy more than one number would have to register separately. “If a person has four vehicles and wants a fancy registration number for each one of them then he will have to register on the website separately and obtain four different UAN. Thereafter the person can participate in the bidding process separately for each UAN,” an official said.

The result of the bidding process will be published on the Transport Department website. The successful bidder will have to deposit the bid amount within three working days after announcement of the results. The amount to be deposited will be the successful bid amount minus the reserve price already deposited as demand draft.Source:http://www.thehindu.com/

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