Tata signs 33-year deal for Taj hotel

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

Delhi: 48-year-old NRI dies after falling off from hotel Taj Mansingh's terrace

Police learnt that Narrender A Mangalam, a US resident, was drunk and had gone to relieve himself on the terrace garden.

The lease period, which was 33 years in the first tender, has not been changed as well. The bid security amount of Rs 250 million, too, is unchanged.

As per NDMC, submission of bids will be held from May 15 to June 5.

NDMC expert report suggests that the council would "lose revenue" if the hotel was auctioned to other players.

The property owned by the NDMC was given on a 33 years lease to the Indian Hotels Company Ltd.