Tuesday, August 08, 2006

Turning the price equation on its head

Hindu Businessline reports here that the surcharge on airtickets will be more than the base fare of INR 500 offered by Air Deccan. The surcharge is now at about INR 650 per ticket. So, you end up paying INR 1150 for an INR 500 buck ticket - but point is that the surcharge is more than the base fare.

If the Tata INR 1 lakh car comes out priced at INR 1 lakh, it will be more expensive than the parking lots in most cities. The going rate in Bangalore is about INR 1.5 lakhs for a single covered parking lot and it is about INR 3 lakhs in Bombay!

The previous post was about online share trading for INR 9 - thats roughly the price of a coffee a regular restaurant...

1 comment:

Girish said...

Did you mean to say "tickets" will be cheaper than surcharge?

These snippets are nice - keep 'em coming!