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Mumbai's Iconic Air India Building Likely To Be Sold To Maharashtra Govt

As per sources, planning is going on to shift the ministertial offices to Air India building and all offices in private building could be accommodated in Mantralaya.

Mumbai's Iconic Air India Building Likely To Be Sold To Maharashtra Govt
(File Image)
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The Maharashtra government is likely to buy Mumbai’s iconic Air India building at Nariman Point, sources said.

It has also come to light that the Reserve Bank of India was also in the fray to buy the building.

On Tuesday, April 4, Deputy CM and Home Minister Devendra Fadnavis said that state government would take the building only if it was handed over vacant.

Meanwhile, a senior minister almost confirmed the deal and said that AI Assets Holding Ltd which owns the building has in principle agreed to give the building to the state government.

The minister was also quoted saying that finer details will be worked out and that their offer is conditional. He said that they will go ahead with the deal if they get vacant possession and that they don't want to hire a new agency for the same.

The minister further stated that the government will save on a huge sum of rent paid as several state offices are situated in private spaces across south Mumbai.

As per sources, planning is going on to shift the ministertial offices to Air India building and all offices in private building could be accommodated in Mantralaya.

If reports are to be believed, Deputy Chief Minister Devendra Fadanvis met Union Civil Aviation Minister Jyotiraditya Scindia last year and urged to give preference to Maharashtra in its attempt to sell the iconic building.

However, the first offer to buy the building was reportedly made when Fadnavis was the CM. The talks only resumed in 2021 under MVA government but no deal was finalised.

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