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Old 19th June 2007, 16:30   #5 (permalink)
hvkumar
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Join Date: Nov 2006
Location: Mumbai
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In Bombay region, we have 4 prices:

Cheapest is Thane district, the neighbouring district
Next is New Bombay, where there is no octro, but a lessser amount of cess
Third is Bombay city, where we bear the brunt of octroi (4%)
Most expensive is Thane city, the neighbouring city

You can't buy anywhere because for registration you need to give proff of residence. Several used to buy cars with fictious addresses earlier, but now RTOs are stricter and insist on KYC-type (like the banks) proof (electricity bills, telephone bills, ration cards, etc) to check the tax abuse.

Nonetheless, several Bombayites do all sorts of tricks to buy in low-tax areas (since teh difference can be Rs 25,000 - 50,000, depending on the car).

Kumar
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