The Transport Department is getting ready to hold, for the first time, auction for sought-after VIP vehicular registration numbers for two-wheelers.
The most pricey among these is the number ‘0001’, bidding for which will begin from ₹50,000 onward. According to a notification by the Transport Department, the minimum reserve price for registration numbers from 0002 to 0009 will be ₹30,000.
Reserve price
So far, auction of VIP numbers was held only for four-wheelers and the most sought after number — 0001 — was available at the minimum reserve price of ₹5 lakh. VIP numbers for four wheelers fall in five categories, with initial bid prices ranging between ₹5 lakh and ₹25,000.
The Transport Commissioner will receive objections and suggestions regarding the auction prices over the coming month, following which the notification will come up for consideration before implementation, said a senior government official, adding that six categories of registration numbers will be auctioned for two wheelers.
The third highest minimum reserve price for two-wheelers will be ₹20,000 for numbers like 0010, 0099, 0786, 1000, 1111, 7777 and 9999. Other VIP numbers like 0100, 0111, 0200, 0222 upto 9000, besides 0101, 0108, 1008 and 1313, will have the minimum reserve price of ₹15,000.
Any other registration numbers, except these sought by jumping the chronological order, according to the official, will be auctioned with a reserve price of ₹5,000. Old numbers will be retained by paying a minimum reserve price of ₹500. The auction will be held weekly through an online link on the Transport Department’s website.