Devendra Fadnavis picks team to broker Air India building deal with ministry

Thane | Wednesday | 16th January, 2019

Summary:

The airline has already shifted its corporate headquarters from here to Delhi.Speaking to TOI, a senior state bureaucrat said, “We had submitted a bid document. While the last date for submitting bids was December 31, Air India received only two bids __ one from the state government and the other from LIC. These corporations had recently paid nearly Rs 5,000 crore for the Nagpur-Mumbai expressway.He said if the government succeeds in buying the Air India building, it can shift many offices functioning out of rented premises. In fact, we are sure Prabhu will step in and ensure the building is transferred in the name of the state government as early as possible,” he added.Designed by the New York-based firm of Johnson/Burgee, the Air India building was completed in 1974. The bureaucrat said Air India is expecting a price of Rs 1,500-Rs 2,000 crore for it.It won’t be easy though for Maharashtra government to raise funds in view of the CM’s commitments to populist schemes..