Chennai after flood is car lovers’ paradise: Buy BMW, Audi for Rs 2 lakh!

January 25, 2016

Chennai, Jan 25: While many among us witnessed shocking images of flooded roads and submerged cars on their television screens during the floods that struck southern India last year, certain fortune hunters were resourceful enough to look beyond the tragedy to spot a one-in-a-lifetime opportunity. Today, many among them – automobile dealers as well as individual buyers – are making a beeline for a city that’s giving away luxury vehicles worth crores for a fraction of their actual price tag.

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The bargains are unbelievable – a 2009 model BMW or an Audi for as low as Rs 2 lakh, a Land Rover worth Rs 1.25 crore for a mere Rs 18 lakh – and it only gets better. The competition is heating up now, and an ever-increasing number of people are taking the opportunity to score some wheels that they could otherwise imagine owning only in their wildest of dreams.

If you are really lucky, like textile manufacturer T Mathavraja from Salem turned out to be, you could drive home in a 2014 model Audi A6 that doesn’t even need any tinkering. Revealing that he paid just Rs 17 lakh for the car, an audibly excited Mathavraja gushed over the phone: “No, I did not even have to spend a paisa on repairs, not even for cleaning the vehicle! I just got in and began driving.”

The auction was conducted by cardekho.com at its yard in Tiruverkadu, Chennai.

“It felt fantastic to win this baby, when there were some 20-25 bidders at the auction! I would otherwise have had to pay Rs 50 lakh for it,” he said, adding that he mostly relied on his gut feeling to make the purchase.

However, Arvind Dabas – a former Delhi police constable-turned-car dealer operating from Delhi and Noida – brought with him a team of 15 highly trained mechanics armed with modern gadgets that leave nothing to chance. Speaking to HT, he said this could only be a win-win situation for him.

“There is no chance of making a loss. If there is vehicle that’s completely damaged, I rip it apart for parts. We will get its registration cancelled and buy it as scrap,” he said.

His team, comprising three engineers and a dozen mechanics, has been housed at a rented place in the outskirts of the city.

Dabas, who wants to buy many flood-damaged cars – irrespective of size or condition – from Chennai, intends to spend four to five months in the city. He has taken a huge 10-acre yard, capable of holding a couple of thousand cars, on rent.

The former constable is an old hand at purchasing cars damaged in natural disasters. Though he had bought around 300 cars in the aftermath of the Jammu and Kashmir floods, it couldn’t compare to Chennai – which he claimed was the “biggest” in terms of damages and number of cars on offer.

The city found another bulk buyer in Tayyab Mirza from Hyderabad, who picked up around 40 cars of various makes and brands.

If there’s somebody else who’s smiling amid all this, it’s the auctioneer himself – cardekho CEO Abhishek Gautam. This is his fourth flood-related auction, the previous ones being the 2005 Mumbai floods, the 2006 Surat deluge and – finally – the Jammu and Kashmir floods of 2014. He says that Chennai, by far, suffered the most in terms of vehicular damage.

“Auctioning some 5,000 vehicles is going to take quite some time, which is why I have taken a flat on rent for myself as well as my team from Delhi,” he said. Most of the submerged vehicles suffered from damage to their engines as well as electronic circuitry, Gautam added.

Dabas, quite an expert at vehicles himself, gives his opinion with greater authority. He says that while some cars suffered little damage and were in need of only a little tinkering, others – like a Land Rover he bought – would need anywhere between Rs 3-4 lakh to be made roadworthy.

“This is the estimate given by my engineers, and they are usually right,” he said in a telephonic conversation. His more notable purchases included a shiny Audi – barely a few months old – with a price tag of just `18 lakh.

These auctions also work to the advantage of insurers, who are otherwise stuck with the tough job of paying the clients their dues. “The more successful the auction, the better we can plug our losses,” said an insurance company official.

Insurance firms were flooded with as many as 30,000 claims for damaged vehicles during the November-December deluge. As many as 10,000 of these vehicles would have to be auctioned off, sources said, adding that high-end luxury cars would take at least three to six months to dispose of.

While owners can directly sell a damaged car, not many prefer to do it on account of the paperwork required as well as security issues. Alternatively, insurance companies deal with used car dealers who either repair it or sell it as scrap. The third option is to give the vehicles to auctioneers such as cardekho.com, auctions division and copart.in, which will try to get the best price for you.

Besides physical auctions, players like cardekho.com and copart.in carry out online auctions – thereby allowing people across the world to participate in the bidding process. And in a situation that works to the benefit of everybody from the insured to the auctioneers and the lucky buyers, the only losers turn out to be insurance companies.

“We are trying to cut down our losses… but all the claims are being settled in a fair and just manner to ensure that our clients don’t suffer,” the regional head of an insurance company said on the condition of anonymity.

The losses suffered by insurance companies due to the 2015 floods are huge, and it would be impossible to gauge the quantum of the claims at this juncture, he added.

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Comments

Srikanth
 - 
Thursday, 5 Jul 2018

I need innova flooded car

Hildegarde
 - 
Friday, 12 Feb 2016

Hello! This is my first visit to your blog! We are a collection of volunteers and starting a new initiative in a community in the same niche.

Your blog provided us beneficial information to work
on. You have done a extraordinary job!

Also visit my blog post - self driving cars: http://autotechnews.net/tag/self-driving-cars/

niyaz
 - 
Wednesday, 27 Jan 2016

Am shocked abt the deal i want to knw more

niyaz
 - 
Wednesday, 27 Jan 2016

I want to knw more about ds deal i want to buy but wanna knw da deal

mohammad.n
 - 
Tuesday, 26 Jan 2016

definitely i believe the engines are ceased due to water. I hope they have replaced original engine?

J Ahmed
 - 
Tuesday, 26 Jan 2016

Good Morning Dear Respected Sir
Intrested in these flooded Cars

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Ram Puniyani
June 29,2020

In Minneapolis, US an African American, George Floyd lost his life as the white policeman, Derek Chauvin, caught hold of him and put his knee on his neck. This is a technique developed by Israel police. For nine long minutes the knee of the while policeman was on the neck of George, who kept shouting, I can’t breathe.

Following this gruesome murder America erupted with protests, ‘Black lives matter’. The protestors were not just African Americans but also a large section of whites. Within US one police Chief apologized for the act of this. In a touching gesture of apology the police force came on its knees. This had reverberations in different parts of the World.

The act was the outcome of the remnants of the racial hatred against blacks by the whites. It is the hatred and the perceptions which are the roots of such acts of violence. What was also touching that the state of democracy in US is so deep that even the police apologized, the nation, whites and blacks, stood up as a sensitive collective against this violence.

US is not the only country where the brutal acts of violence torment the marginalized sections of society. In India there is a list of dalits, minorities and adivasis who are regularly subjected to such acts. But the reaction is very different. We have witnessed the case of Tabrez Ansari, who was tied to the pole by the mob and beaten ruthlessly. When he was taken to police station, police took enough time to take him to hospital and Tabrez died.

Mohsin Sheikh, a Pune techie was murdered by Hindu Rashtra Sena mob, the day Modi came to power in 2014. Afrazul was killed by Shambhulal Regar, videotaped the act released on social media. Regar believed that Muslims are indulging in love Jihad, so deserve such a fate. Mohammad Akhlaq is one among many names who were mob lynched on the issue of beef cow. The list can fill pages after pages.

Recently a young dalit boy was shot dead for the crime of entering a temple. In Una four dalits were stripped above waste and beaten mercilessly. Commenting on this act the Union Minister Ramvilas Paswan commented that it is a minor incident. Again the list of atrocities against dalits is long enough. The question is what Paswan is saying is the typical response to such gruesome murders and tortures. In US loss of one black life, created the democratic and humane response. In India there is a general silence in response to these atrocities. Some times after a good lapse of time, the Prime Minister will utter, ‘Mother Bharati has lost a son’. Most of the time victim is blamed. Some social groups raise their voice in some fora but by and large the deafening silence from the country is the norm.

India is regarded as the largest democracy. Democracy is the rule of law, and the ground on which the injustices are opposed. In America though the present President is insensitive person, but its institutions and processes of democratic articulations are strong. The institutions have deepened their roots and though prejudices may be guiding the actions of some of the officers like the killer of George, there are also police officers who can tell their President to shut up if he has nothing meaningful to say on the issue. The prejudices against Blacks may be prevalent and deep in character, still there are large average sections of society, who on the principles of ‘Black lives matter’. There are large sections of vocal population who can protest the violation of basic norms of democracy and humanism.

In India by contrast there are multiple reasons as to why the lives of Tabrez Ansari, Mohammad Akhlaq, Una dalit victims and their likes don’t matter. Though we claim that we are a democracy, insensitivity to injustices is on the rise. The strong propaganda against the people from margins has become so vicious during last few decades that any violence against them has become sort of a new normal. The large populace, though disturbed by such brutalities, is also fed the strong dose of biases against the victims. The communal forces have a great command over effective section of media and large section of social media, which generates Hate against these disadvantaged groups, thereby the response is muted, if at all.

As such also the process of deepening of our democracy has been weak. Democracy is a dynamic process; it’s not a fixed entity. Decades ago workers and dalits could protest for their rights. Now even if peasants make strong protests, dominant media presents it as blocking of traffic! How the roots of democracy are eroded and are visible in the form where the criticism of the ruling dispensation is labelled as anti National..

Our institutions have been eroded over a period of time, and these institutions coming to the rescue of the marginalized sections have been now become unthinkable. The outreach of communal, divisive ideology, the ideology which looks down on minorities, dalits and Adivasis has risen by leaps and bounds.

The democracy in India is gradually being turned in to a hollow shell, the rule of law being converted in to rule of an ideology, which does not have faith in Indian Constitution, which looks down upon pluralism and diversity of this country, which is more concerned for the privileges of the upper caste, rich and affluent. The crux of the matter is the weak nature of democracy, which was on way to become strong, but from decades of 1980s, as emotive issues took over, the strength of democracy started dwindling, and that’s when the murders of the types of George Floyd, become passé. One does complement the deeper roots of American democracy and its ability to protect the democratic institutions, which is not the case in India, where protests of the type, which were witnessed after George Floyd’s murder may be unthinkable, at least in the present times. 

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News Network
March 15,2020

Hubli, Mar 15: Karnataka Chief Minister BS Yediyurappa on Sunday said that his government has asked Centre to help in setting up of labs in view of the coronavirus cases.

Speaking to reporters after reviewing the situation in the state on coronavirus, Yediyurappa said, "No new cases were reported on Saturday and Sunday. The cases reported are of people who came from abroad. Government has made all preparation to fight against this. We have asked the central government to help in setting up labs wherever required, shortly we will do it."

"We have taken a lot of precautions to prevent the spread of coronavirus. For the first time shutdown has been declared for a week. People are also cooperating with us, we will take a further decision after one week," he added.

Karnataka government has said that as of now six cases of COVID-19 have been reported in the state, including one person who died.

"Till date six COVID-19 cases have been reported in the state including one death. The 5 Coronavirus positive cases are in isolation at the designated hospital in Bengaluru," the Karnataka government said on Sunday.

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coastaldigest.com news network
July 11,2020

Bengaluru, Jul 11: Amidst the mounting number of covid-19 cases, Karnataka is witnessing another disturbing trend of increasing number of people ending their life. After the lockdown was relaxed, the state saw a worrying jump in the number of suicides.

According to statistics, as many as 2,211 suicide cases have been registered in just two months. The number of suicides rose by 23% in May to 1,127, and by another 18% in June to 1,084, from an average of 912 suicides in the first three months of the year. 

In April, however, the number nearly halved to 477. But April was also the month during which the lockdown (announced on March 24) was complete, and everyone was at home -- which, experts say, could have prevented people with suicidal tendencies from taking their own lives.

Shockingly, number of teenagers including school children committing suicide also increased in the state in past couple of months.

With the pandemic still accelerating and impacting people in multiple ways, the World Health Organisation has urged people to pay greater attention to mental health and suicide prevention. 

Dr Poonam Khetrapal Singh, Regional Director, World Health Organisation (WHO), South-East Asia Region, said stigma related to Covid-19 infection may lead to feelings of isolation and depression. Another precipitating factor impacting mental health amidst Covid-19 could be domestic violence, which is reported to have increased globally as several countries imposed lockdowns, she said.

“Hitting lives and livelihoods, the pandemic is causing fear, anxiety, depression and stress among people. Social distancing, isolation and coping with perpetually evolving and changing information about the virus has both triggered and aggravated existing and pre-existing mental health conditions, which need urgent attention,” she said.

Dr H Chandrashekar, professor and head of the department of psychiatry at Victoria Hospital, said reasons for suicide are always multi-factored, combined, cumulative, unresolving and interrelated.

“There is grief everywhere now due to deaths related to Covid-19, and it may have an adverse effect on some. But people should be watchful of their family members, especially those who are in depression and have a history of suicide attempts. One should never ignore signs, like when someone says they feel like ending their life. They should not be left alone, and unconditional support needs to be given. Also, objects that could be used to commit suicide must be kept away from them,” Dr Chandrashekar said.

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