e-auction of VIP vehicle numbers fetches over Rs 39 lakh

Delhi government's e-auction of fancy registration numbers for vehicles today fetched the government a whopping over Rs 39 lakh, with the number '0007' selling for Rs 10.45 lakh.

The fifth round of e-auction of fancy or VIP registration numbers were concluded today with 14 bidders walking away with numbers of their choice after participating in an online auctioning process.

According to an official of the transport department, registration number 0001, with a minimum reserved price fixed at Rs 5 lakh, was sold for Rs 7.55 lakh while the number 0007 was sold for Rs 10.45 lakh.

"In the fifth round, we received a revenue of Rs 39.60 lakh after auctioning 14 fancy numbers online," the official said.

The official said that the third highest bid of Rs 3.5 lakh was received for 0009 followed by 0005 and 0008 for Rs 3 lakh each, and 0029 for Rs 2.5 lakh.

In the first round of e-auction, a fancy vehicle registration number had fetched Delhi government a whopping Rs 12.5 lakh and it had collected a total of over Rs 74 lakh from the exercises.