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Are you ready for a bidding war on wheels? Well, Sindh is hosting its inaugural premium number plate auction this weekend on June 29th, 2024, at the pearl Continental Hotel in Karachi. This exciting event offers a chance to personalize your car with unique and prestigious plate.

The auction boasts three categories of plates, catering to different preferences and budgets. The top-tier platinum category allows for coveted three-character plate, with bidding starting at a cool Rs. 2 million.

For those seeking a slightly less exclusive option, the gold category offers plates with up to five characters, with a base price of Rs. 1 million. Finally, the silver category caters to budget-conscious buyers, featuring plates with up to seven characters and a starting price of Rs. 50,000.

Benefits and Registration

These premium plates come with a host of advantages. They’re fully customizable, transferable between vehicles you own, and even inheritable! Plus, they’re linked to your CNIC, allowing use with multiple cars.

Interested participants should register beforehand to join the bidding frenzy. Interestingly, the auction is expected to attract significant sponsorship from car manufacturers, ensuring a cost-free event for the provincial government.

Revenue Boost and Modernization

The Sindh government sees this initiative as a major revenue generator. In the past year, the existing special number plate system brought in Rs. 44 million. With the premium plates, projections estimate a significant increase, potentially reaching Rs. 2-3 billion annually if just 10% of car owners opt for them.

The auction also features special bundles with discounts for families and companies, mirroring similar practices in Dubai and elsewhere. This strategy aims to diversify the province’s revenue streams.

The announcement of the premium plate auction comes alongside a push for improved tax collection across the board.

So, if you’re looking to personalize your ride and contribute to the province’s coffers, mark your calendars for the Sindh premium number plate auction on June 29th!