Hyderabad, April 17 -- In Hyderabad, a premium car number can be as valuable as the vehicle itself. Recently, a businessman from the city made headlines by spending Rs 12,49,999 to secure the registration plate 'TG 07 R 9999' at an auction conducted by the Telangana Regional Transport Authority (RTA) in Manikonda.

The high-profile bid highlights the growing trend of luxury car owners investing in unique number plates as a status symbol.

Rise of fancy car numbers in Hyderabad

The demand for fancy car number plates in Hyderabad has surged as wealthy individuals and businesses willing to pay hefty sums for distinctive combinations.

Congruent Developers, the firm that acquired 'TG 07 R 9999', is among many who see these numbers as a mark ...