You have to pay road tax and Octroi. In addition to that you have to get the car registered in Mumbai (for stay for more than a year).
You will need an NOC from Delhi RTO for this. Not too sure if you need to get the name change done on the RC book, but if you are no longer associated with the firm then it makes sense to get the name change (it will happen only @ delhi)
Costs will depend upon the age of the car. Octroi cost is 4.5% of the book value.
Others drive to live.
I Live-2-Drive!
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