Mahindra Thar Roxx on-road price in Panaji
₹14,45,568 to ₹27,60,288 on the road21 variants
EMI from about ₹24,290 a month on the Panaji on-road price, at 9.5% a year over 5 years with 20% down.
Figures as of October 2026, for a first personal car, bought by an individual and paid in cash.
Goa sets these charges, so the same figures apply in Margao.
Why
All 21 variants priced in Panaji
| Variant | Ex-showroom | On-road in Panaji |
|---|---|---|
| MX1 Turbo Petrol MT | ₹12.52L | ₹14,45,568 |
| MX1 Diesel MT | ₹14.23L | ₹16,38,798 |
| MX3 Turbo Petrol AT | ₹15.28L | ₹17,57,448 |
| MX3 Diesel MT | ₹16.28L | ₹18,70,448 |
| MX5 Turbo Petrol MT | ₹16.64L | ₹19,11,128 |
| MX5 Diesel RWD MT | ₹17.02L | ₹19,54,068 |
| AX3L Diesel MT | ₹17.28L | ₹19,83,448 |
| MX3 Diesel AT | ₹17.82L | ₹20,44,468 |
| Star Edition Diesel MT | ₹17.97L | ₹20,61,418 |
| MX5 Turbo Petrol AT | ₹18.02L | ₹20,67,068 |
| MX5 Diesel AT | ₹18.52L | ₹21,23,568 |
| Star Edition Turbo Petrol AT | ₹18.98L | ₹21,75,548 |
| AX5L Diesel RWD AT | ₹19.41L | ₹22,24,138 |
| MX5 Diesel AWD MT | ₹19.42L | ₹22,25,268 |
| Star Edition Diesel AT | ₹19.48L | ₹22,32,048 |
| AX7L Diesel RWD MT | ₹19.52L | ₹22,36,568 |
| AX7L Turbo Petrol AT | ₹20.00L | ₹22,90,808 |
| AX7L Diesel RWD AT | ₹20.83L | ₹24,47,088 |
| AX5L Diesel AWD AT | ₹21.67L | ₹25,44,528 |
| AX7L Diesel AWD MT | ₹22.12L | ₹25,96,728 |
| AX7L Diesel AWD AT | ₹23.53L | ₹27,60,288 |
What the road adds in Panaji, variant by variant
Five of the 21 variants, a quarter of the way up the ladder each time; the table above has every one. The orange is Goa's own share.
- MX1 Turbo Petrol MT₹14,45,568+15%
₹12,52,000 ex-showroom, Goa takes ₹1,50,240, everything else ₹43,328
- MX5 Diesel RWD MT₹19,54,068+15%
₹17,02,000 ex-showroom, Goa takes ₹2,04,240, everything else ₹47,828
- MX5 Diesel AT₹21,23,568+15%
₹18,52,000 ex-showroom, Goa takes ₹2,22,240, everything else ₹49,328
- AX7L Diesel RWD MT₹22,36,568+15%
₹19,52,000 ex-showroom, Goa takes ₹2,34,240, everything else ₹50,328
- AX7L Diesel AWD AT₹27,60,288+17%
₹23,53,000 ex-showroom, Goa takes ₹3,52,950, everything else ₹54,338
Thar Roxx variants on Goa's tax steps
Goa charges a higher rate on the whole price once it crosses a line. Here is which variant sits where.
Petrol and dieselby price
- 9%to ₹10 lakh
no variant here
- 12%to ₹20 lakh
MX1 Turbo Petrol MT, MX1 Diesel MT, MX3 Turbo Petrol AT, MX3 Diesel MT, MX5 Turbo Petrol MT, MX5 Diesel RWD MT, AX3L Diesel MT, MX3 Diesel AT, Star Edition Diesel MT, MX5 Turbo Petrol AT, MX5 Diesel AT, Star Edition Turbo Petrol AT, AX5L Diesel RWD AT, MX5 Diesel AWD MT, Star Edition Diesel AT, AX7L Diesel RWD MT, AX7L Turbo Petrol AT
- 15%above
AX7L Diesel RWD AT, AX5L Diesel AWD AT, AX7L Diesel AWD MT, AX7L Diesel AWD AT
Worth knowing before you sign
- The step from the AX7L Turbo Petrol AT to the AX7L Diesel RWD AT crosses Goa's ₹20 lakh line: ₹83,000 more ex-showroom, but ₹72,450 more road tax, because the whole price moves from 12% to 15%.
- The MX1 Diesel MT is ₹1,93,230 more on the road here than the MX1 Turbo Petrol MT, and ₹20,520 of that is Goa's road tax.
- On the Mahindra Thar Roxx MX1 Turbo Petrol MT, Panaji is 7th dearest of 25 states: ₹1,12,680 over Arunachal Pradesh and ₹87,012 under Karnataka.
Which Thar Roxx to buy
Of every paid step up this ladder, AX5L to Star Edition buys you the most for your money. In Panaji that step costs ₹7,910 on the road, rather than the ₹7,000 the showroom prices suggest.
Is the Star Edition worth it over the AX5L? →
Or weigh the whole ladder: which Thar Roxx is worth the money →
Thar Roxx rivals on the road in Panaji
The cheapest way into this group in Panaji is the Toyota Urban Cruiser Hyryder, from ₹12,92,370 on the road, ₹1,53,198 under the Thar Roxx's ₹14,45,568. Each figure is that car's cheapest variant on the road in Panaji, on the same Goa road tax.
The Thar Roxx in its colours
Stealth Black
Vehicle images: Mahindra official media assets (auto.mahindra.com)
How the MX1 Turbo Petrol MT's ₹14,45,568 breaks down
Getting it on the road in Panaji adds ₹1.94L to the ex-showroom price, and road tax is the biggest part of that.
- Ex-showroom price
- ₹12,52,000
- Road tax (12%)
- ₹1,50,240
- Registration fee (central)
- ₹800
- TCS (1%, adjustable against your income tax)refundable
- ₹12,520
- Third-party insurance (3 years, incl. 18% GST)
- ₹29,023
- Personal accident cover (1 year, incl. 18% GST)estimate
- ₹885
- FASTagestimate
- ₹100
- Comprehensive own-damage covernot in this total
- insurer-priced
- On-road in Panaji
- ₹14,45,568
The fine print
- Road tax (12%)
- Derived 2026-08-09 from two independent sources. CarDekho Panaji, 57 variants: exactly 9.00% (10 cars to Rs 7.80L), 12.00% (24 cars Rs 11.00L to 19.91L), 15.00% (23 cars Rs 20.22L to 47.48L), no fixed component. CarWale Panaji fits 9.68% (5 cars), 12.00% (3 cars), 12.83% (5 cars), 16.20% (3 cars) and 15.00% (2 cars); its top bands carry large intercepts and are the softer part. Boundaries at Rs 10L and Rs 20L are interpolated inside gaps. NOT read from any Goa notification
- Registration fee (central)
- CMVR Rule 81, as amended by GSR 1183(E) dated 29-12-2016
- TCS (1%, adjustable against your income tax)
- Income-tax Act 1961 s.206C(1F) from 1 June 2016, and from 1 April 2026 s.394(1) of the Income-tax Act 2025 at the same rate and threshold (renumbering reported, not read from the Act); creditable against the buyer's income tax
- Third-party insurance (3 years, incl. 18% GST)
- Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules 2022, G.S.R. 394(E) dated 25-05-2022, as amended by G.S.R. 32(E) dated 05-01-2024; both gazettes read from egazette.gov.in. PA cover per IRDAI circular IRDAI/NL/CIR/MOTP/158/09/2018
- Personal accident cover (1 year, incl. 18% GST)
- Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules 2022, G.S.R. 394(E) dated 25-05-2022, as amended by G.S.R. 32(E) dated 05-01-2024; both gazettes read from egazette.gov.in. PA cover per IRDAI circular IRDAI/NL/CIR/MOTP/158/09/2018
- The Rs 15 lakh owner-driver cover is mandatory; this prescribed rate is what most insurers charge for the annual form.
- FASTag
- Tag cost only. Issuers add a deposit and minimum balance; dealer bundles commonly total Rs 500-600.
- Comprehensive own-damage cover
- Not in this total. Lenders require it and most buyers take it, but it has been market-priced since 2007 and varies widely with insurer, cover value and no-claim bonus, so an honest single figure does not exist. Budget for it from real quotes on top of this total.
- Goa's rates here are derived from two published price sources that agree, not read from the state's own schedule, so treat them as indicative and confirm with your dealer.
Confirm the final figure with your dealer before paying.
Where these figures come from
Thar Roxx on-road price in other cities
See 26 other cities
Mahindra Thar Roxx on-road price, in all 25 states we price →
Questions buyers ask
What is the Mahindra Thar Roxx on-road price in Panaji?
Between ₹14,45,568 for the MX1 Turbo Petrol MT and ₹27,60,288 for the AX7L Diesel AWD AT, as of October 2026. That covers Goa road tax, registration and the mandatory insurance; comprehensive own-damage cover is priced by insurers and comes on top.
How much is the road tax on the Mahindra Thar Roxx in Panaji?
₹1,50,240 on the MX1 Turbo Petrol MT at ₹12.52L ex-showroom. The rate comes from Goa's own schedule (Derived 2026-08-09 from two independent sources. CarDekho Panaji, 57 variants: exactly 9.00% (10 cars to Rs 7.80L), 12.00% (24 cars Rs 11.00L to 19.91L), 15.00% (23 cars Rs 20.22L to 47.48L), no fixed component. CarWale Panaji fits 9.68% (5 cars), 12.00% (3 cars), 12.83% (5 cars), 16.20% (3 cars) and 15.00% (2 cars); its top bands carry large intercepts and are the softer part. Boundaries at Rs 10L and Rs 20L are interpolated inside gaps. NOT read from any Goa notification), verified on 9 August 2026.
Is the Mahindra Thar Roxx cheaper on-road in another city of Goa?
No. Goa sets these charges, so the same figures apply in Margao: registering in a different city of the state does not change them.