NDMC reschedules Taj Man Singh hotel’s e-auction

New Delhi, June 18 (IANS) 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.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)