Just to elaborate:
1. BS IV emission norm will be in effect from April 2010 onwards, however manufacturers will start offering BS IV cars from late 2009.
2. BS IV will be applicable on only new cars being registered and has no impact on existing cars. Which means, April 2010 onwards a new BS III car cannot be regsitered in any of metro cities. This is applicable for used cars as well. It means, you cannot bring a used car of BS III from outside of a metro city and try registering here. However, this rule doesn't affect existing BS III (or even older) cars in anyway. For example, a 2002 BS II Fiat Palio registered in Mumbai can still be transferred to someone else's name.
Buying a BS IV Alto will help you only if you are planning to take it to some other metro city after April 2010.
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