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Delhi's iconic luxury hotel Taj Mansingh up for auction on September 28

NDMC has retained most of the financial expectations from the property

Taj Mansingh
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Tata group’s Indian Hotels, the current operator of 294-room Taj Mansingh, had signed a lease agreement with the NDMC in 1976. Photo: Sanjay K Sharma

Ajay Modi New Delhi
After two unsuccessful attempts at auctioning Delhi’s iconic luxury hotel Taj Mansingh, the capital’s civic body NDMC has decided to invite bids once again with a partly relaxed criteria. Based on the lukewarm response to the previous two tenders, the council has brought down the minimum number of qualified technical bidders to two for a successful auction, from three in the previous two tenders. It has also relaxed some of the financial conditions of eligibility.

The body has decided September 28, 2018, as the next date for e-auction, according to an advertisement floated on Saturday. Prospective bidders can do a

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