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Mumbai s landmark Air India building to go to Maharashtra Govt, for Rs 1,601 cr | Mumbai News

Maharashtra government buys Air India building for ₹1,601 crore

Maharashtra government buys Air India building for ₹1,601 crore
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Maharashtra govt to acquire Air India building for Rs 1601 crore

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.

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