Sunday, Apr 26, 2015

Auction of fancy numbers: RLA earns Rs 98.7 lakh in 2 days

On the second day, RLA earned above Rs 28 lakh. On the second day, RLA earned above Rs 28 lakh.
Written by Ifrah Mufti | Chandigarh | Published on:April 14, 2014 4:07 am

Thanks to the craze for ‘lucky’ and ‘VIP’ vehicle numbers, the Registration and Licencing Authority has earned as much as Rs 98.7 lakh, which is an all-time high,  in the two-day auction of the new CH-01-AX series. The amount is 41.6 per cent more than the money earned in the last auction.

On the second day of the auction on Sunday, numbers from 0101 to 9999 were sold, earning the RLA more than Rs 28 lakh.

Kashish Mittal, officer in charge of RLA, said, “The previous series CH-01-AW had brought us Rs 53 lakh. But this time it is a record. We were not expecting to raise such a huge amount. The response was equally good on the second day.”

The number which fetched the maximum price to RLA on the second day was CH01-AX-1111. With a reserve price of Rs 10,000, it fetched Rs 1.56 lakh. It was bought by Sandeep Arora, a resident of Sector 27.

City based businessman Arora said, “I have other cars as well which have the same VIP numbers. It’s completely my passion to own expensive cars with VIP numbers.”

The second highest number bid of Rs 65,000 was for CH-01-AX 0700. It was bought by Mandeep Singh Bedi, another businessman. For this number, there were five other applicants. A number which attracted seven bidders was CH-01-AX 1000; a man who identified himself as Ajay Sangosiya, a resident of Sector 22 and a businessman got it for Rs 61,000.

However, another favourite 0786, which had gone for Rs 1.5 lakh in the last series, fetched only Rs 35,000 this time.

There were five bidders and Vijay Devgan, a resident of Sector 35, bought it.

Most numbers were sold at Rs 6,000, unlike day one when the special numbers were auctioned at prices running into  lakhs.

In all, there were 354 numbers for sale. Some numbers which could not be sold would be auctioned again later.

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