Hotel Taj Mansingh Auction

The Tata group retained the iconic Taj Mansingh Hotel in Lutyens' Delhi in an auction by the New Delhi Municipal Council (NDMC) Friday after years of litigation, an official said.

The Taj Mansingh was given to the Tata group in 1978 on a 33-year lease, which ended in 2011.

Failing to auction the iconic Taj Mansingh hotel in Lutyen's Delhi in two attempts, the New Delhi Municipal Council has decided to relax the eligibility criteria for bidders and reduce the minimum number of bids required.

The much-delayed auction of the iconic Taj Mahal Hotel, better known as the Taj Mansingh in Lutyen's Delhi is likely to be postponed again as the New Delhi Municipal Council has got less than the required number of bids for the five-star property to go under the hammer.

After an unsuccessful first attempt at auctioning the iconic Taj Mahal Hotel on Mansingh Road in central Delhi, better known as the Taj Mansingh hotel, the New Delhi Municipal Council (NDMC) has decided to conduct a fresh bid for the property on July 18.

New Delhi Municipal Council can go ahead with the auctioning of the Taj Mansingh hotel after Supreme Court on Friday refused to interfere with a Delhi High Court order permitting the e-auction of the iconic five-star hotel.

Tata Group hospitality arm Indian Hotels Companyhas already said it intends to participate in the bidding for the property.

Indian Hotels Company on Thursday said it intends to participate in the e-auction for the Taj Mansingh property, which the Tata Group firm has been running for decades.

Delhi's iconic Taj Mahal Hotel, popularly known as Taj Mansingh, currently run by the Tatas, must be auctioned, the Supreme Court said today. However, the Tata group will have to be given six months as "breathing time" to vacate if its bid in the online auction is not the winning offer, said the court.

The New Delhi Municipal Council (NDMC) on Thursday decided to auction the iconic Taj Mansingh Hotel and cancel the licence of Le Meridien, two decisions that have been pending for a while.

The Supreme Court today directed that status quo be maintained with regard to New Delhi Municipal Council's auctioning process of the iconic Taj Mansingh Hotel in New Delhi, run by Indian Hotels Company Ltd (IHCL).

NDMC had in January this year said it was in the process of assessing the assets of the hotel in preparation for the much-delayed auction.

Indian Hotels Company Ltd (IHCL), which runs the Taj Mansingh Hotel in the national capital, has approached Supreme Court against the Delhi High Court order that cleared the decks for auctioning of the iconic property.

Indian Hotels Company Ltd (IHCL), which runs the Taj Mansingh Hotel in the national capital, has approached Supreme Court against the Delhi High Court order that cleared the decks for auctioning of the iconic property.

Delhi High Court dismissed the appeal filed by Indian Hotels Company Ltd (IHCL), which runs the Taj Mansingh Hotel, against the auctioning of the property by New Delhi Municipal Council (NDMC).

The Tata group retained the iconic Taj Mansingh Hotel in Lutyens' Delhi in an auction by the New Delhi Municipal Council (NDMC) Friday after years of litigation, an official said.

The Taj Mansingh was given to the Tata group in 1978 on a 33-year lease, which ended in 2011.

Failing to auction the iconic Taj Mansingh hotel in Lutyen's Delhi in two attempts, the New Delhi Municipal Council has decided to relax the eligibility criteria for bidders and reduce the minimum number of bids required.

The much-delayed auction of the iconic Taj Mahal Hotel, better known as the Taj Mansingh in Lutyen's Delhi is likely to be postponed again as the New Delhi Municipal Council has got less than the required number of bids for the five-star property to go under the hammer.

After an unsuccessful first attempt at auctioning the iconic Taj Mahal Hotel on Mansingh Road in central Delhi, better known as the Taj Mansingh hotel, the New Delhi Municipal Council (NDMC) has decided to conduct a fresh bid for the property on July 18.

New Delhi Municipal Council can go ahead with the auctioning of the Taj Mansingh hotel after Supreme Court on Friday refused to interfere with a Delhi High Court order permitting the e-auction of the iconic five-star hotel.

Tata Group hospitality arm Indian Hotels Companyhas already said it intends to participate in the bidding for the property.

Indian Hotels Company on Thursday said it intends to participate in the e-auction for the Taj Mansingh property, which the Tata Group firm has been running for decades.

Delhi's iconic Taj Mahal Hotel, popularly known as Taj Mansingh, currently run by the Tatas, must be auctioned, the Supreme Court said today. However, the Tata group will have to be given six months as "breathing time" to vacate if its bid in the online auction is not the winning offer, said the court.

The New Delhi Municipal Council (NDMC) on Thursday decided to auction the iconic Taj Mansingh Hotel and cancel the licence of Le Meridien, two decisions that have been pending for a while.

The Supreme Court today directed that status quo be maintained with regard to New Delhi Municipal Council's auctioning process of the iconic Taj Mansingh Hotel in New Delhi, run by Indian Hotels Company Ltd (IHCL).

NDMC had in January this year said it was in the process of assessing the assets of the hotel in preparation for the much-delayed auction.

Indian Hotels Company Ltd (IHCL), which runs the Taj Mansingh Hotel in the national capital, has approached Supreme Court against the Delhi High Court order that cleared the decks for auctioning of the iconic property.

Indian Hotels Company Ltd (IHCL), which runs the Taj Mansingh Hotel in the national capital, has approached Supreme Court against the Delhi High Court order that cleared the decks for auctioning of the iconic property.

Delhi High Court dismissed the appeal filed by Indian Hotels Company Ltd (IHCL), which runs the Taj Mansingh Hotel, against the auctioning of the property by New Delhi Municipal Council (NDMC).