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Fancy numbers drive in huge revenue for Telangana RTA - 54 Crores in 9 Months
Even this year, some of the largest bids placed so far are for the number 9999. While an owner paid an astounding Rs 21.6 lakh for Khairatabad RTO's property in August, Kondapur RTO saw the same number sell for Rs 12.1 lakh. An man in malakpet spent Rs 9.9 lakh to obtain 9999. 0009 was yet another valuable number that made Khairatabad RTO extremely wealthy. The highest offer for this elegant number was 10.5 lakh rupees, which was sealed in August.
Officials claimed that despite their values being significantly lower than those with a 9, many people are already buying for even random numbers. "People are placing bids on digits like 0269, 1223, etc. because they are celebrating the birthday of a parent or a kid. These bids are occasionally as little as $1,000 to $2,000, and frequently only one individual places a bid. The senior member of the Khairatabad RTO said, "All these lesser bids for two-wheelers and non-luxury autos also contribute to the earnings.