Saturday, August 31, 2013

With no takers for Nariman Point bldg, Air India plans to sell city flats

Mumbai: Having failed in its plans to rent out the iconic 23-storey building in the megapolis which till recently was its headquarters, state-run Air India has now put some of its residential properties under the hammer.
The national airline has floated bids for e-auctioning of the four flats at the posh Sterling Apartments on the Peddar Road in south Mumbai, measuring around 8,100 sqfeet carpet area, as well as a residential plot in Gurgaon in Haryana.
"Air India proposes to sell its residential properties located at prime locations in Mumbai and Gurgaon through e-auction process," says the bid document posted on the airline's website.
The properties which have been proposed to be under the hammer are the four 3-BHK flats, each measuring 2,033 sqft carpet area located at Sterling Apartments on the Peddar Road and a residential plot measuring 420 sq meters at DLF Phase III in Gurgaon, Air India said.
30/08/13 PTI/Financial Express
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