For Balakrishnan, it was a dream come true.

'There are three things in life which one cherishes - to own a house, buy a car and start a family. For me, the second dream is coming through,' Balakrishnan, a 29-year old bachelor, said after getting the car key.

A business manager with HDFC Bank, Balakrishnan had opted for direct full payment for his vehicle. 'I now hope I can now settle down with a family soon,' he said with a smile.

The function attracted hundreds of curious onlookers, housewives, students and even some office-goers going home early.

Many of them have also booked and been allotted Nano vehicles in the draw held a few weeks ago, while some said they had come to see how the car looks before deciding to book it.

As Vichare's lunar silver car zoomed out of the showroom, on to the Mumbai roads, there were cheers and applause from the crowd gathered there since early afternoon to catch a glimpse of the world's cheapest family car.