NDMC) has announced the e-auction of three of its premium hotels in Lutyen’s Delhi, including the five-star property Taj Mansingh, for a period of 33 years. Photo: Ramesh Pathania/MintNew Delhi: The New Delhi Municipal Council (NDMC) has announced the e-auction of three of its premium hotels in Lutyen’s Delhi, including the five-star property Taj Mansingh, for a period of 33 years. The other two hotels are The Connaught and Hotel Asian International. The NDMC had last year decided to auction Hotel Connaught and re-auction Asian Hotel, after they were sealed by it in 2015 due to non-payment of license fees dues. In January last year, the Asian Hotel was e-auctioned fetching Rs 45.5 lakh per month as licence fee, the highest-ever for the agency.

Source: Mint May 13, 2018 06:00 UTC