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Friday, November 22, 2024
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Maharashtra’s VIP Number Price Increase

The Maharashtra government has hiked fees for “choice numbers,” commonly known as VIP numbers, for new vehicles, which will translate into revised ₹ 6 lakh charge for the most sought-after ‘0001’ number for four-wheelers in high-demand areas like Mumbai, Pune, and other cities.

Interestingly, the new fees mean that an out-of-series VIP number will cost up to ₹ 18 lakh in major cities including Mumbai and Pune, which incidentally is the cost of new cars in the mid-segment.

Here’s a summary of the revised fees for VIP registration numbers as per the Transport Department’s recent notification:

CategoryPrevious FeeRevised FeeApplicable Areas
‘0001’ for Four-wheelers₹3 lakh₹5 lakhGeneral
‘0001’ for Two & Three-wheelers₹50,000₹1 lakhGeneral
‘0001’ for Four-wheelers₹4 lakh₹6 lakhHigh-demand areas (Mumbai, Pune, Thane, etc.)
‘0001’ Out-of-series for Four-wheelers₹12 lakh₹18 lakhMajor cities (Mumbai, Pune, etc.)
‘0001’ Out-of-series for Two & Three-wheelersNot specified₹3 lakhAll locations
Notable Numbers (0009, 0099, etc.) for Four-wheelers₹1.5 lakh₹2.5 lakhAll locations
Notable Numbers (0009, 0099, etc.) for Two & Three-wheelers₹20,000₹50,000All locations
16 Popular Numbers for Four-wheelers₹70,000₹1 lakhAll locations
16 Popular Numbers for Two & Three-wheelers₹15,000₹25,000All locations
49 Additional Numbers for Four-wheelers₹50,000₹70,000All locations
49 Additional Numbers for Two & Three-wheelers₹15,000₹15,000All locations
189 Registration Numbers (0011, 0022, etc.) for Four-wheelers₹25,000₹25,000All locations
189 Registration Numbers for Two & Three-wheelers₹6,000₹6,000All locations

Key Changes:

  • The fee for the coveted number ‘0001’ has increased significantly across all vehicle types and locations.
  • Out-of-series fees for high-demand numbers have seen the most substantial hike.
  • The new rules allow the transfer of VIP numbers to immediate family members, expanding the scope of VIP number usage.
  • The government has extended the period for producing a vehicle with a reserved number from 30 days to six months.

Revenue Impact:

The fee revision aims to generate additional revenue, building on the ₹139.20 crore earnings from VIP registration numbers in the 2017-18 financial year.

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