Data from bounded carriage appointment in Ernakulam shows that there is 66% access in the allotment of exceptional vehicles, anniversary priced Rs 50 lakh or more, this agenda year, compared to 2016.
In 2016, burghal witnessed 135 exceptional cars account added than Rs 50 lakh anniversary actuality registered with Ernakulam RTO. The numbers had developed to 155 in 2017 and to 205 in 2018 as on November 12.
Motor cartage admiral said acrimonious measures taken by the accompaniment government to put a stop to allotment of such cartage in Puducherry is one acumen for the acceleration in cardinal of affluence car sale.
MVD collects 20% of the absolute amount of a vehicle, which is admired added than Rs 20 lakh, as alley tax. To abstain this, abounding owners acclimated to annals their exceptional cartage in Puducherry, area tax is actual less, until recently.
“Following the MVD crackdown on allotment of cartage in Puducherry, abounding accept been registering their exceptional cartage in Kerala. We accord alone a few acting allotment certificates for registering cartage in Puducherry now. There were abounding who bought new cars afterwards they got the allowance for vehicles, which were damaged in the contempo floods,” said an MVD official.
The cardinal of car registrations shows an access in 2016 and 2017. But it came bottomward in 2018 afterward the floods. As abounding as 8,807 cars were registered in 2016. The cardinal rose to 9,198 cars in 2017 but came bottomward to 7,517 in 2018 so far.
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