Tuesday, April 09, 2019

22 Flats worth ₹240.11 crore on sale by Air India

Mumbai: Air India has put 22 flats on sale that cost Rs 240.11 crore in various parts of Mumbai such as Bandra, Cuff Parade, Mahim, Prabhadevi and Khar. The properties will be auctioned on 26th April and the online bidding process is being conducted by MSTC (Metal Scrap Trade Corporation Limited).

Last year, Air India had put up its iconic building located at Nariman Point on sale where bids were invited from government and government entities only but there were no takes at all.

And just last month, Air India sold flats worth Rs 24.33 crore from the Jupiter Apartment at Altamount Road to the Accountant General’s office, Maharashtra. The sales include a 3 BHK flat in Nav Vidhya Lakshmi, Mahim for Rs 3.12 crore along with three properties from Sachin Da, Khar. A 3-BHK flat priced at Rs 5.15 crore, two 2 BHK flats for Rs 4.28 crore and Rs 4.88 crore.

The highest priced among these are the 14 apartments in Pali Hill, Bandra measuring 2030 sq mt with a price tag of Rs. 200 crore. A 3 BHK flat in Venus Apartment, Cuffe Parade has been priced at Rs 7.32 crore and another one in Cozihome Co-operative Housing Society, Bandra can have bid up to 10.36 crore and two more flats in Twin Towers, Prabhadevi is up for a reserved price of Rs 7 crore each.
09/04/19 Free Press Journal

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