Second auction attempt: Bidders' queries on Taj Mansingh go unanswered

Investors also raised a concern about the fate of the 800 direct/indirect staffs associated with the hotel

NDMC's ambitious plans to auction Delhi's iconic luxury hotel Taj Mansingh and its handling of pre-bid queries of prospective bidders do not appear to be well coordinated. The New Delhi Municipal Council, which owns the land on which the hotel is built, called a pre-bid meeting of prospective bidders last Monday. Such meetings are usually meant to answer all queries and concerns.

However, the written responses to the queries raised in the meeting appear a bit disappointing. A total of twenty-one queries were raised in the last week's meeting. Responses to nineteen of these queries has one standard reply: No change