Delhi Government has amended the Delhi Motor Vehicles Rule, 1993 which allows for the e-auction of such fancy registration numbers by issuing notification in this regard.
Registration number 0001 will be the most expensive with the minimum reserve price fixed at Rs 5 lakh. Numbers from 0002 to 0009 will be the second most expensive, starting at Rs 3 lakh. The third category will include numbers from 0010 to 0099; 0786, 1000, 1111, 7777 and 999, for which bids will start at Rs 2 lakh.
According to transport department, the e-auction of fancy numbers is likely to start in the next 15 days as at present, technical trial of the system is underway.
The system of auctioning is supposed to stop corruption in the allotment of fancy registration numbers.
"About 140 fancy numbers will be put to e-auction in the first round. The desirous and eligible persons can participate in the e-auction by registering online. After successful on-line registration, the person will receive a unique acknowledgement number (UAN).
Official also said that the amount of the demand draft will be the reserve price of the desired fancy number.
"After depositing the demand draft, the person will be eligible to participate in the online bidding process. After completion of registration process of about one week, the online bidding process will be held for three days.
One person can bid for ten fancy registration vehicle numbers against one unique acknowledgement number of registration (UAN). However one person will be allocated only one fancy registration number against each UAN," official also said.
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