Advertisement

HindustanTimes Fri,29 Aug 2014

'0001' goes for Rs. 7 lakh

HT Correspondent, Hindustan Times  Chandigarh, October 19, 2013
First Published: 22:28 IST(19/10/2013) | Last Updated: 00:14 IST(20/10/2013)

The festival season has brought cheer to the registering and licensing authority, Chandigarh, which sold '0001' of its new series CH-01-AV for Rs. 7 lakh and collected more than Rs. 47 lakh on day one of the auction for vanity numbers on Saturday. The RLA had managed to sell '0001' in the last series CH-01-AU for Rs. 6.25 lakh.

Advertisement


The bid at which '0001'was sold this time may not be the all-time high but after getting poor response in the auction in the last two series, the RLA has managed to get a good response for the new series and is expecting the trend to continue as the auction is slated for Sunday as well.

"It is my passion to own '0001' and money is no constraint," said Karanjeet Singh, an NRI and a Sector-39 resident. He bought the number of his Pajero. Singh had to borrow Rs. 10,000 in Indian currency to pay the amount of Rs. 25,000 so that he could participate in the auction, as he had deposited a bank draft of Rs. 15,000 only with RLA.

On the first day of the auction, RLA sold 23 numbers and collected Rs. 47.50 lakh.

In order to check the practice of bidders allegedly ganging up to ensure that the bid for a vanity number is kept low, the RLA, for the first time, held open auction. Those wanting to bid for a vanity number did not get the pre-booking of the numbers. Earlier, bidders were required to pre-book a number before bidding for it.

"Despite being the new system, the open auction had fetched good response, showing that it is here to stay. There are few things, which we still need to streamline that would be dwelled upon once the auction is over," said Kashish Mittal, the registering and licensing authority of Chandigarh.

RLA to accept cash too
People who participated in the open auction of vanity numbers on day one termed the process very cumbersome. The documents and drafts were collected on the spot as a result of which the staff took time to cross the documents, thus delaying the auction.

Sources in the RLA said they would collect cash as well apart from draft at the counters so that more and more people can participate in the auction. Sources added that on Saturday there were few complaints of bank drafts being not deposited on time so the officials allowed people to deposit cash for the auction.

Numbers' race
Series                   Sold for
0002 and 003       Rs. 2 lakh
0004                     Rs 1.50 lakh
0005                      Rs 2.20 lakh             
0007                      Rs 2.60 lakh
0008 and 009         Rs. 1.75 lakh
0010                        Rs 1.77 lakh
0011               Rs. 1.40 lakh
0013               Rs. 1.20 lakh
0017               Rs. 1.50 lakh
0070               Rs. 1.95 lakh

Previous records
Amarjit Singh, a resident of Sector 44, paid Rs. 26.05 lakh for '0001' of CH-01-AP series in August 2012
Jagjit Singh Chahal, owner of Chahal Tyres, had bought '0001' of CH-01-AN series for Rs. 17 lakh in June 2012
Former Haryana DGP SPS Rathore paid Rs. 10 lakh for CH-01-AM-0001 in April 2012
CH-01-AT-0001 was bought for Rs. 9.1 lakh by International Tractors Limited, a company of Sonalika group in May 2013
For CH-01-AK series, a Punjab-based agriculturist had paid Rs. 7 lakh for '0007' in October 2011

comment Note: By posting your comments here you agree to the terms and conditions of www.hindustantimes.com
blog comments powered by Disqus

Advertisement
more from Chandigarh

Chandumajra out, Bhatti in as halqa in charge of Fatehgarh Sahib

Senior Akali Dal leader and former MLA Didar Singh Bhatti was appointed as the halqa in charge of Fatehgarh Sahib, on Friday, replacing Anandpur Sahib member of Parliament (MP) Prem Singh Chandumajra.
Advertisement

 
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved