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The Economic Times
The Economic Times

Mumbai gets new admin hub as Air India building goes to state for Rs 1,601 crore

Air India Mumbai PWD Maharashtra

Mumbai: The transfer of the Air India building to the Maharashtra government marks an important milestone in strengthening the state's administrative infrastructure, PWD Minister Shivendrasinhraje Bhosale said on Wednesday after inspecting the iconic property at Nariman Point.

The government formally took possession of the building a day earlier after acquiring it from Air India Assets Holding Limited (AIAHL) for Rs 1,601 crore, around two-and-a-half years after the state cabinet approved the purchase in September 2023.

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