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Newly inaugurated Delhi-Meerut Expressway to remain toll free for commuters

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The newly-inaugurated Delhi-Meerut Expressway may remain toll-free for commuters for the next couple of months. The 82-km long expressway has been developed as a Smart Expressway will become the first Indian highway to introduce Automatic Number Plate Recognition (ANPR) cum FasTag based Multi Lane Free Flow Tolling System.

The 82-km-long Delhi-Meerut expressway was formally thrown open for use by Union Minister Nitin Gadkari on April 1.

The National Highway Authority of India (NHAI) has already completed a month-long trial of the automatic number plate reader. The system is build to help deducting toll fees for the highway without stopping vehicles at toll gates. This will ensure free flow of high speed traffic without any chances of queues.

Mudit Garg, who is the Project Director at NHAI, has said the chances of toll recovery are slim right now because toll rates have not been determined by NHAI yet. He also said that preparations are being made to determine toll rates which may take up to two months. Which essentially means that vehicles may ply on the Delhi-Meerut Expressway without paying toll till July.

According to the trial report of the Automatic Number Plate Recognition (ANPR) cum FASTag based Multi Lane Free Flow Tolling System, around 55 lakh vehicles have used the Delhi-Meerut Expressway in the last thirty five days since its opening on April 1. The control room has got the complete details of the traced vehicles through the automatic number plate reader system. These details will help in collecting toll through FASTag once the rates are finalised and implemented.

The Delhi-Meerut Expressway has 60 kms of expressway and 22 kms of national highway. The project has been developed at a cost of ₹8,346 crore. Facilities like ambulance, crane, petrol pump, restaurants, maintenance of vehicles shops have been developed for the convenience of commuting vehicles on the expressway.

Besides such facilities, the Delhi-Meerut Expressway also has provisions for cyclists and pedestrians. There is over 2.5 meters cycle corridor and 2 meters-wide footpath alongside the roads on phase 1 and phase 2 of the expressway.

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Automobile

Attractive finance deals launched by Tata Motors to attract potential buyers: Read here

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Tata Motors has joined hands with Kotak Mahindra Prime to introduce finance schemes for prospective buyers. The partnership has rolled out three finance programs namely Red Carpet, Prime Vishwas Product, and Low EMI for urban and rural customer groups that comprise salaried, self-employed, and buyers with no-income proof. Let us have a detailed look at each of the plans.

The Red Carpet product is designed for customers with income proof and facilitates up to 90 per cent of on-road funding. There is no Fixed Obligation to Income Ratio (FOIR) for loan of up to Rs 11 lakh and the tenure can last up to seven years. It also offers additional advantages for pre- and part-payment of loans.

Customers with no-income proof can opt for the Prime Vishwas scheme that funds up to 90 per cent of the ex-showroom price of the vehicle. The loan assessment criteria are based on agricultural land or asset ownership parameters. The loan can be availed for a period of up to five years.

The third finance solution is the Low EMI scheme mainly for the self-employed and salaried customers. The vehicle owners will benefit from a 50 per cent lower EMI for the initial three months. Funding can be arranged for up to 80 per cent of the on-road price with EMI starting at Rs 999 per lakh for the starting three months.

Commenting on the roll out of these finance schemes offers, Rajan Amba, Vice President, Sales, Marketing & Customer Care, PVBU, Tata Motors, said, “We are delighted to be partnering with Kotak Mahindra Prime Ltd. for the rollout of these customised financial solutions for different customer profiles. These are trying times and we are committed to supporting our customers in the best possible manner. With such initiatives we want to make safe personal mobility solutions more affordable and accessible to customers and ensure they have a hassle-free ownership experience.

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