First RLA auction of 2013 falls flat
- Elections 2014 LIVE: Polling stopped in Pune booth due to faulty EVMs
- âWonât be vindictive... will ask Supreme Court to clear MP, MLA cases in a yearâ
- Alagiri backs âgreat manâ Modi as PM
- Plea to vote for âsecular partyâ splits Bollywood
- âWe gave instant justice, todayâs youth canât stand up for their mothersâ
This year's first auction of vanity registration numbers, which usually sets the tone for the entire year's revenue earned through auctions, turned out to be a damp squib. Barring only three registration numbers, most of the numbers including single digit numbers went under the hammer Thursday for either the reserve price or little above it.
Sources in the RLA say that the officials did not rule out the possibility of canceling this auction if the need so arises after investigating the allegations of cartelisation by certain bidders.
Also, this time, only 106 applications were received for 38 numbers as compared to over 100 numbers which are always put in open auction thereby attracting over 300 bidders in all.
The auction started with 0001 in the new series CH-01-AR losing its sheen and went for Rs 3.51 lakh as against Rs 8 lakh last time in December. The reserve price for 0001 is Rs 25,000. The number was bought by Sidharth Bairagi of Sector 49 for his SUV worth Rs 7.5 lakh. There were four bidders for the number.
RLA could barely manage to earn Rs 13.96 lakh after auctioning 38 numbers, the lowest in past two years. Interestingly, allegations were also rife that most of the bidders had formed a cartel to deliberately bring down the bids.
- Activist, her aide booked for cheating in attempt to frame acquitted murder accused
- Extended Monorail running hours fails to pull crowd
- HC orders action against Essel World for causing harm to mangroves
- Cops crack bar girl’s murder case after waiter’s tip-off
- Railway to provide plastic pouches for commuter IDs
- Last safety check for Metro to begin April 18