logo
Mumbai: Malabar Hill view point to house cafe again; can serve only readymade food; e-tendering begins

Mumbai: Malabar Hill view point to house cafe again; can serve only readymade food; e-tendering begins

Time of India6 hours ago
MUMBAI: The BMC plans to set up a café and an art gallery at the Malabar Hill viewing gallery. However, cooking will not be permitted on-site, and the space shall only be used to serve beverages like tea, coffee, cold drinks, etc.
, and readymade food.
The lease will be awarded via e-tendering, with performance reviews every 11 months and a 5% rent escalation for each renewed term. The BMC tender also states that it has set a minimum monthly rent of Rs 6.65 lakh. Bidders must quote this amount or higher—any bid below this will be rejected.
The viewing gallery can accommodate around 150 people at any point in time, and its friendly for the differently abled as well.
Only individuals, firms, or consortiums with aminimum of five years of experience will be considered eligible to bid.
You Can Also Check:
Mumbai AQI
|
Weather in Mumbai
|
Bank Holidays in Mumbai
|
Public Holidays in Mumbai
This experience must either be in running a food court or operating at least five Quick Service Restaurants (QSRs) within a food court, banquet, or catering setup that serves over 1,000 patrons in Mumbai. Alternatively, bidders with at least five years of experience managing a Grade-I eating house in Mumbai will also qualify.
In Mumbai, a Grade-I eating house refers to a well-established, full-service restaurant that meets higher standards set by the BMC in terms of hygiene, infrastructure, and operations.
These typically include proper kitchen and storage facilities, valid health and trade licenses, and adequate seating arrangements.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tata Consumer Products Ltd down for fifth straight session
Tata Consumer Products Ltd down for fifth straight session

Business Standard

time37 minutes ago

  • Business Standard

Tata Consumer Products Ltd down for fifth straight session

Tata Consumer Products Ltd is quoting at Rs 1073.7, down 0.29% on the day as on 13:19 IST on the NSE. The stock tumbled 5.38% in last one year as compared to a 1.83% rally in NIFTY and a 6.71% fall in the Nifty FMCG index. Tata Consumer Products Ltd is down for a fifth straight session today. The stock is quoting at Rs 1073.7, down 0.29% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.45% on the day, quoting at 25036.9. The Sensex is at 82130.42, down 0.45%.Tata Consumer Products Ltd has lost around 0.9% in last one Nifty FMCG index of which Tata Consumer Products Ltd is a constituent, has increased around 2.12% in last one month and is currently quoting at 55910.25, up 0.23% on the day. The volume in the stock stood at 4.88 lakh shares today, compared to the daily average of 11.12 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 1076.6, down 0.41% on the day. Tata Consumer Products Ltd tumbled 5.38% in last one year as compared to a 1.83% rally in NIFTY and a 6.71% fall in the Nifty FMCG index. The PE of the stock is 89.07 based on TTM earnings ending March 25.

Mankind Pharma Ltd spurts 2.92%, gains for five straight sessions
Mankind Pharma Ltd spurts 2.92%, gains for five straight sessions

Business Standard

time37 minutes ago

  • Business Standard

Mankind Pharma Ltd spurts 2.92%, gains for five straight sessions

Mankind Pharma Ltd is quoting at Rs 2653.7, up 2.92% on the day as on 12:44 IST on the NSE. The stock is up 23.51% in last one year as compared to a 1.91% gain in NIFTY and a 7.81% gain in the Nifty Pharma. Mankind Pharma Ltd rose for a fifth straight session today. The stock is quoting at Rs 2653.7, up 2.92% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.37% on the day, quoting at 25055.85. The Sensex is at 82161.62, down 0.41%. Mankind Pharma Ltd has added around 11.97% in last one month. Meanwhile, Nifty Pharma index of which Mankind Pharma Ltd is a constituent, has added around 1.97% in last one month and is currently quoting at 22225.9, up 1.11% on the day. The volume in the stock stood at 10.75 lakh shares today, compared to the daily average of 7.73 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 2660.3, up 3.07% on the day. Mankind Pharma Ltd is up 23.51% in last one year as compared to a 1.91% gain in NIFTY and a 7.81% gain in the Nifty Pharma index. The PE of the stock is 56.47 based on TTM earnings ending March 25.

Glenmark Pharmaceuticals Ltd up for third consecutive session
Glenmark Pharmaceuticals Ltd up for third consecutive session

Business Standard

time37 minutes ago

  • Business Standard

Glenmark Pharmaceuticals Ltd up for third consecutive session

Glenmark Pharmaceuticals Ltd is quoting at Rs 2214.7, up 1.54% on the day as on 12:49 IST on the NSE. The stock is up 57.28% in last one year as compared to a 1.88% jump in NIFTY and a 7.85% jump in the Nifty Pharma index. Glenmark Pharmaceuticals Ltd is up for a third straight session today. The stock is quoting at Rs 2214.7, up 1.54% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.4% on the day, quoting at 25050.1. The Sensex is at 82139.43, down 0.44%. Glenmark Pharmaceuticals Ltd has gained around 31.56% in last one month. Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has gained around 2% in last one month and is currently quoting at 22225.9, up 1.15% on the day. The volume in the stock stood at 27.13 lakh shares today, compared to the daily average of 18.89 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 2223, up 1.92% on the day. Glenmark Pharmaceuticals Ltd is up 57.28% in last one year as compared to a 1.88% jump in NIFTY and a 7.85% jump in the Nifty Pharma index. The PE of the stock is 35.29 based on TTM earnings ending March 25.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store