Mumbai: Maharashtra government to acquire Air India building for Rs 1601 crore
The marque property at Nariman Point is strategically located and is in close proximity to the Maharashtra governments administrative office.
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The marque property at Nariman Point is strategically located and is in close proximity to the Maharashtra governments administrative office.
Maharashtra government on Wednesday decided to acquire the iconic Air India building at Nariman Point in Mumbai for Rs 1,601 crore. The decision was taken at a meeting of the state cabinet in Mumbai. The meeting, chaired by Chief Minister Eknath Shinde, also decided to waive off around Rs 250 crore unrealised income and interest on the property, an official said.
India News: The Maharashtra cabinet has approved the purchase of the Air India Building in Nariman Point to house government offices. The state will pay Rs 1,601
Mumbai is experiencing high levels of air pollution, with the air quality index (AQI) rising above 300 in some areas, surpassing levels in Delhi. This
A special purpose vehicle was formed in September, following which discussions internally and with the state authorities have been initiated for the investment