On Suvro's recommendation, tried this last night. It's a large space that has been done up in a very modern style, and there is a large bar area and another lounge area, both with flatscreen tvs showing some Bollywood videos (alas, for me at least, with the sound muted). I had a nice blanc et noir sparkling wine while waiting for my friends to arrive. Because of my companions' dietary restrictions we ended up practically vegetarian last night, which was fine. The one non-veg dish we had, the shrimp, was disappointing and, at $22, the most expensive. We had the papri chaat to start, the shrimp (I forget the name but it's the only shrimp dish on the menu, it's pretty much shrimp on skewers), paneer pudina masala (cheese in spinach sauce), the dal-e-Maurya and another cheese dish I forget the name of, something korma, and translated as cheese dumplings, in sauce. We then got vegetable biryani, some garlic naan and some taftan. The dal was truly excellent, as Suvro indicated, and the two cheese dishes good, although very rich (lots of cream/ ghee in the sauces). Of the sides the only disappointment was the taftan - it wasn't as fluffy as I've had elsewhere (thinking of Bilal Cuisine near LAX). For dessert they had the standard selection of Indian sweets, but the most interesting was a fig kulfi. With two desserts, drinks, etc, the bill came to $45 per person - not cheap for an Indian meal, but reasonable for a nice meal in a classy ambiance. Service was good, other than an over-anxious owner/manager who kept coming round, but I expect that to stop once business takes off.
The place is located next to the Writers Guild which has a screening room that is going to play host to the Indian Film Festival of LA, two movies are being shown over the next two Thursdays and it might be fun to do an Indian-themed dinner and movie night there.