The Honda ZR-V e:HEV available in India from 25 July 2026 at an ex-showroom price of ₹47.99 lakh in Delhi. The all-new SUV has already sold out both its India batches and Honda has announced a third batch is being planned, though no booking date or timeline has been announced yet.
Both Batches Gone, Third Batch Wait Begins.
According to industry reports, the total allocation for the first two batches was 120 units, with 60 units each in the two batches. The ‘160 units’ figure is internally inconsistent and contradicted by some auto blogs. 120 people are booked up. As of 29 July 2026, Honda has not started fresh bookings and there is no fixed waiting period for the third batch.
This ZR-V is a completely built unit, which is shipped directly from Japan and not assembled in India. That one fact alone has significant cost and ownership implications for those who are on the waitlist today.
What It Actually Costs in Maharashtra
Sources in the industry say that Maharashtra is the biggest market for the ZR-V. That’s why the on-road price in the state is a better figure than the Delhi ex-showroom price.
The on-road price of the car in Mumbai is approximately ₹57.26 lakh (including Maharashtra RTO charges and insurance). This is about ₹9.27 lakh higher than the ex-showroom price. This is the actual number to plan around for a third batch buyer in Mumbai.
The price gap to entry-level luxury decreases significantly at this level.
| Model | On-Road Price in Mumbai |
| Honda ZR-V e:HEV | approximately ₹57.26 lakh |
| BMW X1 petrol M Sport | about ₹60.33 lakh |
| Mercedes-Benz GLA 200 petrol | around ₹61.09–61.44 lakh |
The ZR-V is priced at ₹3-4 lakh less than both. That’s a gap that one option package can bridge.
This is something a third-batch buyer should take into consideration. Entry-level luxury models from brands like BMW and Mercedes generally have stronger brand recognition and better resale value than a completely built-up (CBU) version of a mass-market brand, even if the latter offers a strong hybrid powertrain.
The Warranty Offset
That’s where Honda has a true solution to the CBU depreciation issue. The ZR-V comes with a standard 3-year / unlimited-km warranty. Coverage can be extended up to 7 years. Honda’s Anytime Warranty scheme also allows owners to extend their warranty for up to 10 years / 1,20,000 km with renewals of 1-year / 20,000-km intervals which can be purchased at any time even after the standard and extended warranty periods have passed.
Most importantly, the Anytime Warranty is transferable to the next owner when reselling. This is a valuable ownership protection for a CBU that is expected to lose value more rapidly than a CBU built locally. The ZR-V is easier to sell on the used market because it can be sold with the warranty still active.
Honda has stated nothing about its plans to assemble the ZR-V in India, but industry sources believe that may be a possibility in the future.
The Powertrain
The ZR-V features a 2.0-litre e:HEV (self-charging hybrid) system, which is a dual-motor hybrid system that does not require plug-in connection. It makes 184 PS and 315 Nm. Honda promises a 22.8 kmpl mileage (ARAI) and a 0-100 kmph time of 7.9 seconds. The hybrid battery comes with an 8-year / 1.6 lakh km warranty while the hybrid parts are warranted for 5 years / 1 lakh km. There is only one fully-loaded variant on sale; no base or mid variant exists.
