Maharashtra government acquires Mumbai’s iconic Air India building in ₹1,601 crore deal
The Maharashtra government has purchased the iconic Air India building in Mumbai for ₹1,601 crore. The transfer of the 23-storey landmark was finalized following a cabinet meeting led by Chief Minister Devendra Fadnavis.
Why it matters
The acquisition of this historic commercial property represents a significant real estate transaction for the state government.
The Maharashtra government has formally acquired the iconic Air India building, a defining feature of the south Mumbai skyline known for its prime sea-facing location, for ₹1,601 crore.
The report provides factual details regarding a government transaction without editorializing.
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