Today, Mumbai has seen a fall of 50% in the registration of new cars and a 28% slip in bike purchases due to Gudi Padwa which comes on Wednesday and is acknowledged to be a holy day when people purchase vehicles.
Very less car dealers have accepted there has been a slip in footballs for inquiries in March 2023, said people have more options to shuttle swifter as Metro lines 2A and 7 have unrolled in the western suburbs, and this can be one of the various reasons for a slip in listings.
By the way, the Metro 2A and 7 lines feed to the completion of the western parts, taking the western express highway and link road, and it is in this rule that Mumbai normally sees the biggest number of registration of vehicles in the Andheri and Boreveli RTOs altogether.
What did Paresh Rawal Say?
Paresh Rawal, the public policy analyst revealed that people are not just expecting the best models of private vehicles to strike the market, but also want to sustain their plans till the going on infrastructure projects are done.
“They wish to calculate if they commute over Mumbai in the coming one year alters once new infra projects are done. If it will be a similar rush, then they will prefer the private vehicles,” he said.
Vehicle registrations normally skyrocket before Gudi Padwa, but unfortunately, this year didn’t witness it.
The Transport Expert Words
Vivek Pai, the transport expert revealed that this is a good sign of car registrations slipping and the correct time to motivate public transport. The Metro lines are lined up for next year which will be a game-changer for Mumbai.
The government should motivate public transport and also buses and AC trains by providing low-priced tickets and happy hours,” he advised including there must be a dedicated bus lane to moreover prevent people from purchasing private vehicles.
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A car dealer from Mumbai stated that the value of vehicles has also gone up newly, and this was a disincentive for some purchasers. He revealed sales have gone up in the last two years of Covid as many personal cars and bikes for “social distancing.”
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