Fancy that! A car number for ₹31 lakh
Anasooya.S@timesgroup.com
Thiruvananthapuram:05.02.2019
The owner of a ₹1 crore-worth Porsche 718 Boxster spending an additional ₹31 lakh to get a fancy vehicle registration number is nothing unusual. K S Balagopal, a resident of Kowdiar, Thiruvananthapuram, won the registration number ‘KL-01-CK-1’, for his brand new Miami Blue colour sports car by paying ₹30 lakh at the auction held at the regional transport office (RTO), Thiruvananthapuram, on Monday. This was in addition to the ₹1 lakh he had paid as reservation fees for the fancy number.
Proprietor of Devi Pharma, a leading pharmaceuticals distribution company, Balagopal, who owns a fleet of luxury cars, has set a new record in auction of fancy vehicle registration numbers in the state by engaging in a fiery bid against NRI businessman Shine Yousef. Yousef quit after quoting ₹25,00,500 as Balagopal hiked the next call to ₹30 lakh. The previous record was also in the name of Balagopal, who won the number KL-01-CB-1 at ₹19 lakh for his Land Cruiser in 2017.
Another bidder R K Anand Ganesh, also an NRI, was in the race in the initial phase but dropped out after quoting ₹10,50,000.
“The new series in vehicle registration number was released when I bought the sports car. So, I decided to reserve the first number for my car. Sensing that other bidders will not withdraw, I quoted a higher amount to win it at any cost. Only when the officials at RTO informed me, I came to know that it was a record,” said Balagopal.
For full report, www.toi.in
Kowdiar resident K S Balagopal bought the registration number ‘KL-01-CK-1’ for his new sports car
Anasooya.S@timesgroup.com
Thiruvananthapuram:05.02.2019
The owner of a ₹1 crore-worth Porsche 718 Boxster spending an additional ₹31 lakh to get a fancy vehicle registration number is nothing unusual. K S Balagopal, a resident of Kowdiar, Thiruvananthapuram, won the registration number ‘KL-01-CK-1’, for his brand new Miami Blue colour sports car by paying ₹30 lakh at the auction held at the regional transport office (RTO), Thiruvananthapuram, on Monday. This was in addition to the ₹1 lakh he had paid as reservation fees for the fancy number.
Proprietor of Devi Pharma, a leading pharmaceuticals distribution company, Balagopal, who owns a fleet of luxury cars, has set a new record in auction of fancy vehicle registration numbers in the state by engaging in a fiery bid against NRI businessman Shine Yousef. Yousef quit after quoting ₹25,00,500 as Balagopal hiked the next call to ₹30 lakh. The previous record was also in the name of Balagopal, who won the number KL-01-CB-1 at ₹19 lakh for his Land Cruiser in 2017.
Another bidder R K Anand Ganesh, also an NRI, was in the race in the initial phase but dropped out after quoting ₹10,50,000.
“The new series in vehicle registration number was released when I bought the sports car. So, I decided to reserve the first number for my car. Sensing that other bidders will not withdraw, I quoted a higher amount to win it at any cost. Only when the officials at RTO informed me, I came to know that it was a record,” said Balagopal.
For full report, www.toi.in
Kowdiar resident K S Balagopal bought the registration number ‘KL-01-CK-1’ for his new sports car
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