Summary:
The typical floor built up is 13,363 sq ft, while the usable area is 10,488 sq ft. In a bid to raise funds, Air India (AI) has put the iconic tower located at Nariman Point on sale. The total built up area of the tower is 4.99 lakh sq ft. Only Government Entities are allowed to participate in the bid to buy the leasehold rights of the land and the iconic tower, spread over 23 floors. AI will retain approximately 5,000 sq ft on the 22nd floor for its own purpose and no rental/compensation shall be paid for this area..