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GST cut, festive fervour fuel spike in new vehicle registrations in MMR

Figures compiled from various RTOs across Mumbai Metropolitan Region have revealed that vehicle registrations have increased by 14 percent compared from the previous year. There has been a significant rise in the purchases in both four-wheeler and two-wheeler categories

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Overall, 1,473 more vehicles across both categories (four- and two-wheelers) were registered compared to last year. Representational pic

Overall, 1,473 more vehicles across both categories (four- and two-wheelers) were registered compared to last year. Representational pic

The reduced goods and services (GST) rates which came into effect from September 22, along with the festive fervour of Navratri and Dussehra, have fuelled new vehicle registrations across the regional transport offices (RTOs) in the Mumbai Metropolitan Region (MMR). Figures compiled from various RTOs across MMR have revealed that vehicle registrations have increased by 14 percent compared from the previous year.

There has been a significant rise in the purchases in both four-wheelers and two-wheeler categories.

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