If a brick and mortar building could talk, then Air India’s corporate headquarters on Marine Drive at Nariman Point in Mumbai will have many interesting tales to tell.
It was one of the first buildings of which all the 22 floors (23 if one also counts the floor on which the board room is located) were centrally air-conditioned when it opened in 1974. At that time, it was also perhaps the only building that had six lifts, all of which had music playing. So well was the Air India-owned building planned that when one lift went up, another came down, cutting the waiting time to a minimum.
When the building became operational it also boasted of two levels of underground parking, something that was unheard of then. The Air India Centaur logo was put on the roof of the building, which overlooks the Arabian Sea and is an icon of Mumbai’s skyline. The Air India building also provides a 360-degree panoramic view of Mumbai from Nariman Point. The building served as Air India’s headquarters till 2013, when a decision was taken to shift the Maharaja’s headquarters to Delhi.
Sadly, the building’s breaking off with its owner Air India, which started in 2013, is now gaining closure as the government has invited bids from those interested in taking over the building. At least two state-owned enterprises, the Jawaharlal Nehru Port Trust and Life Insurance Corporation, have participated in the bidding for the building as only State governments and public sector undertakings are allowed to participate in the auction.
This is the second time that an attempt is being made to auction the building. The sale of the tower is expected to give a much-needed liquidity boost to Air India, while ensuring that the iconic building remains in government hands.
Designed by John Burgee of the New York architectural firm Johnson/Burgee, the new building became such a rage when it opened that security had to be deployed to ensure crowd control.
The building was designed and built for Air India although some space was given out on lease for what was then a princely sum of ₹3.50 per square foot. It was conceptualised and built at the time when JRD Tata was Chairman, Air India, and ICS officer, BR Patel, was the General Manager.
02/04/19 Ashwini Phadnis/Business Line
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It was one of the first buildings of which all the 22 floors (23 if one also counts the floor on which the board room is located) were centrally air-conditioned when it opened in 1974. At that time, it was also perhaps the only building that had six lifts, all of which had music playing. So well was the Air India-owned building planned that when one lift went up, another came down, cutting the waiting time to a minimum.
When the building became operational it also boasted of two levels of underground parking, something that was unheard of then. The Air India Centaur logo was put on the roof of the building, which overlooks the Arabian Sea and is an icon of Mumbai’s skyline. The Air India building also provides a 360-degree panoramic view of Mumbai from Nariman Point. The building served as Air India’s headquarters till 2013, when a decision was taken to shift the Maharaja’s headquarters to Delhi.
Sadly, the building’s breaking off with its owner Air India, which started in 2013, is now gaining closure as the government has invited bids from those interested in taking over the building. At least two state-owned enterprises, the Jawaharlal Nehru Port Trust and Life Insurance Corporation, have participated in the bidding for the building as only State governments and public sector undertakings are allowed to participate in the auction.
This is the second time that an attempt is being made to auction the building. The sale of the tower is expected to give a much-needed liquidity boost to Air India, while ensuring that the iconic building remains in government hands.
Designed by John Burgee of the New York architectural firm Johnson/Burgee, the new building became such a rage when it opened that security had to be deployed to ensure crowd control.
The building was designed and built for Air India although some space was given out on lease for what was then a princely sum of ₹3.50 per square foot. It was conceptualised and built at the time when JRD Tata was Chairman, Air India, and ICS officer, BR Patel, was the General Manager.
02/04/19 Ashwini Phadnis/Business Line
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