NDMC to take decision on Taj Mansingh auction this wk

Delhi | Sunday | 15th July, 2018

Summary:

The auction was scheduled on July 18, however, after the council received only two bids, the auction was postponed. The auction was first supposed to take place on January 30, but strict eligibility norms meant only groups already running five-star hotels in India could have bid for Taj Mansingh. NEW DELHI: The decision on auction of Taj Mansingh hotel will be taken next week at the meeting of the New Delhi Municipal Council ( NDMC ).The council is planning to hold the auction by July-end, but the final decision will be taken by next week.“The matter will be tabled at NDMC meeting next week and the terms and conditions of the bidding will be finalised by the council members. The conditions were slightly tweaked to let more players bid for it. The third date was July 18, but now even this may be postponed..