NDMC reschedules Taj Man Singh hotel's e-auction

The New Delhi Municipal Council (NDMC) on Monday rescheduled the e-auction of the five-star Taj Man Singh hotel to July 18 for a license period of 33 years.

The last date for submission of the bid is July 9. The earlier e-auction date, scheduled for June 19, was declared null and void.

"Less than three bids have been received for the property," the NDMC said in a notice.

At least three Technically Qualified Bidders are required for the e-auction process.

The hotel with 292 luxurious rooms and suites is situated in the heart of the national capital.

--IANS

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