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Record Rs 47L Earned in Auction
Hyderabad RTO Earns Rs 47L from Auction of Fancy TG Number Plates
‘TS 09 GD 9999’ Sells for a Record Price
Hyderabad’s Central Zone RTO Hosts Successful Auction
The Central Zone Regional Transport Office (RTO) in Khairatabad, Hyderabad, recently held an auction of fancy Telangana (TG) number plates, which generated a substantial revenue of Rs 47.12 lakh. This auction was part of the ongoing trend where vehicle owners bid on unique and exclusive registration numbers to stand out and personalize their vehicles.
Popular Series in the Auction
The auction featured special category numbers from the 09 B (second) and 09 C (third) series, both of which are in high demand among car enthusiasts and businesses. These numbers are seen as a status symbol, with many individuals and organizations vying to secure distinctive plates that can reflect their personal or corporate identity.
The Highest Bid: A Record-Breaking Amount
Among the plates auctioned, the highest bid came from Prime Source Global Services Pvt Ltd, who paid an impressive Rs 21.6 lakh for the coveted number plate ‘TS 09 GD 9999’. This bid set a new record, making it the most expensive plate sold in the Hyderabad RTO auction. The significant amount paid for this number plate is a testament to the growing popularity and exclusivity of such plates in the city.
Revenue from Fancy TG Number Plates Soars
The Central Zone RTO’s auction was not an isolated event. Across Hyderabad’s five Regional Transport Authorities (RTAs), a remarkable Rs 124.2 crore was generated through vehicle registrations involving fancy TG number plates during the financial year 2023-24. This surge in revenue underscores the ever-increasing demand for special category numbers among the city’s vehicle owners.
The Appeal of Fancy TG Number Plates
Fancy TG number plates have become much more than just a way to register vehicles—they are now symbols of status and prestige. Many Hyderabadis choose these plates to enhance the look of their vehicles and make a statement on the road. These distinctive numbers allow vehicle owners to add a personal touch or reflect their brand, making them highly desirable.
Hyderabad: The Central Zone RTO in Khairatabad, Hyderabad, recently held a successful auction of fancy TG number plates, generating a remarkable revenue of Rs 47.12 lakh.
Why Fancy Number Plates are a Lucrative Market
The auction of fancy TG number plates has proven to be a profitable venture for the Hyderabad RTO, drawing in substantial bids from individuals and businesses. As demand for personalized and unique number plates continues to rise, the RTO is expected to hold more such auctions in the future. This trend not only generates significant revenue for the government but also satisfies the growing need for exclusivity among car owners.
Future Auctions and Revenue Potential
With the increasing popularity of fancy TG number plates, the Hyderabad RTO is likely to see a continued influx of bidders eager to secure unique vehicle registration numbers. This auction trend is expected to remain a key revenue source for the RTO, further enhancing its financial contributions to the state. As more vehicle owners seek to stand out with personalized plates, the RTO’s auctions will continue to be a significant event in Hyderabad’s automotive landscape.
Disclaimer
The information provided in this article is based on recent reports from the Hyderabad RTO. The figures and details mentioned are accurate to the best of our knowledge at the time of writing. Readers are advised to verify the latest information from official sources.
