Mukesh Ambani's Rs 8 Crore BMW is RTO's costliest registration with 1.6 CroreMay 20, 2015 13:55
The Rs 8-crore bullet-proof car has been specially designed and manufactured in Germany for Mukesh Ambani.
Mumbai’s RTO has received its maximum amount as registration fee so far. Mukesh Ambani's Reliance Industries (RIL) registered its 7-series BMW with the Tardeo RTO early last week for Rs 1.6 crore.
The imported cost of the car is around 300 per cent of the vehicle cost, whose base price is around Rs 2 crore.
The vehicle costs around Rs 8 crore. “We got a vehicle registration fee of 20 per cent on this vehicle as per rules,” said an RTO official on condition of anonymity. Sources said that the reason behind the high cost is not just the make of the vehicle, but also the alterations made, both in the exteriors and interiors.
This BMW is a complete bullet-proof vehicle with armour on the chassis and windows. These additions have been made apparently due to RIL head Mukesh Ambani’s security concerns. The authorities refused to divulge any more information due to security reasons. Officials from Reliance Industries also confirmed that the vehicle was registered at the RTO.
This armoured car has been specially designed and manufactured in Germany. Sources said that such armoured vehicles are not manufactured in India, as facilities aren't available here. The imported cost of this car is around 300 per cent of the vehicle cost, whose base price is around Rs 2 crore.