TL;DR
Hyderabad recorded a 100% rise in vehicle registrations, reaching 68,000 units in less than a month, after GST rate cuts made two and four-wheelers cheaper and spurred festive season sales.
Hyderabad has witnessed an extraordinary 100% increase in vehicle registrations in recent weeks, a direct consequence of the central government's revised GST rates. The reduction in GST from 28% to 18% on certain categories of two and four-wheelers has made vehicles significantly cheaper, leading to a massive surge in sales during the ongoing festive season.
Data from the Regional Transport Authority (RTA) shows that combined registrations for two and four-wheelers touched 68,000 units between September 22 and October 17, far exceeding the typical monthly average of 30,000 to 35,000 personal vehicles. This spike has also brought a substantial revenue boost to the RTA, which collected ₹388 crore in registration fees, road tax, and other charges during this period.
Two-wheelers in the ₹1 lakh to ₹1.5 lakh range and cars priced up to ₹20 lakh were the primary drivers of this demand. Dealers across the city reported that the tax relief, coupled with attractive festive offers from manufacturers and financiers, effectively motivated many consumers to make purchases they had previously deferred. This demonstrates the powerful impact of policy changes on consumer sentiment and market dynamics.