Taj Group Wins Bid, Acquires 33-Year Lease For The Connaught Hotel

Taj Group Wins Bid, Acquires 33-Year Lease For The Connaught Hotel

The licensing rights have been granted for a period of 33 years. New Delhi: The Connaught, a premium hotel in Lutyen’s Delhi, was successfully acquired by Tata’s Indian Hotel Company Limited (IHCL) in an e-auction conducted by the New Delhi Municipal Council (NDMC) today. “The successful bidder is the Taj group which will pay 31.80…

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