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Quicksplained: Why ‘HR88B8888’, India’s costliest licence plate, sold for Rs 1.7 crore

The VIP car registration number, ‘HR88B8888’, was sold at auction today (November 26) afternoon in Haryana for a record Rs 1.7 crore. Bidding was held on the state government’s online portal. The development came just a week after the ‘HR22W2222’ licence plate fetched Rs 37.91 lakh at an auction in Haryana. But why did this licence plate fetch such an exorbitant price?

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