Delhi's Taj Mansingh to go under the hammer today

March 25, 2015 10:04

The iconic Taj Mansingh Hotel in the heart of the national capital will go under the hammer on Wednesday with New Delhi Municipal Council initiating proceedings after getting a go-ahead from the Union Home Ministry for its auctioning.

The property, owned by the NDMC, was given to Tata-backed Indian Hotels Company Limited on lease for 33 years.

The lease had ended in 2011 and the IHCL was given six temporary extensions to operate the hotel since then on various grounds.

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