Air India has submitted a plan to the aviation ministry detailing how it would help employees occupying 676 of the 810 flats in the airline’s housing complex in south Delhi’s tony Vasant Vihar neighbourhood to find alternative accommodation if they were asked to vacate the apartments, two officials familiar with the matter said on condition of anonymity.
Air India has been issuing auction notices relating to properties it owns across the country, including the iconic 23-story building located in Nariman Point in Mumbai. The plan for the Vasant Vihar housing complex was discussed with the civil aviation ministry, which said that in case the government went ahead with its privatisation, the property would need to be vacated before being sold.