If you want to own XUV500, but could not due to withdrawal of reservations, here's the good news! Mahindra & Mahindra will re-open the reservations of his late model SUV XUV500, for a limited period of 10 days from January 25 after being suspended last year due to overwhelming response.

However, you must be very lucky to have her. Because the company also said in the case of more than 7200 bookings will be held a lottery to award the sports utility vehicle XUV500 Mahindra (SUV).

M&M Senior Vice President (Marketing, Automotive Division) Vivek Nayer stated that, “To ensure that our customers do not have to wait beyond a reasonable period, we are undertaking an XUV500 draw, which will ensure fair and transparent allotment of the vehicle to our customers who get selected in the draw.”

The draw process will be validated by the professional services firm, Deloitte Touche Tohmatsu India Pvt Ltd (DTTIPL) as per mutually agreed scope and terms between M&M and DTTIPL, the statement added.

The company said customers will have to pay Rs 80,000 for the XUV500 draw application form. Results of the draw will be announced by February 15, 2012.

19 cities in India will have the new bookings for the XUV500 now extend to, including Chennai, Hyderabad, Kolkata, Ahmedabad, Ludhiana, Jallandhar, Patiala, Chandigarh/ Panchkula, Kochi, Trivandrum, Kozhikode, Trissur, Coimbatore, Nagpur and Nasik, the company said.

The company has hiked prices of XUV500 in the beginning of this month with its three variants becoming costlier by Rs 30,000, Rs 50,000 and Rs 55,000 (ex-showroom, Delhi) respectively.

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