NEW DELHI: The Centre on Thursday transferred ownership of Air India building in Mumbai to the Maharashtra government for Rs 1,601 crore. In addition, the Government of Maharashtra has agreed to forgive old dues payable by AI Assets Holdings Pvt Ltd (AIAHL), totalling about Rs 300 crore.
“GoI has approved transfer of Air India building in Mumbai of AI Assets Holding Company to Government of Maharashtra (GoM) at consideration of Rs 1,601 crore. GoM has agreed to waive dues of Rs 298.42 crore, which would have been otherwise payable by AIAHL to GoM for this transaction,” tweeted Tuhin Kanta Pandey, DIPAM secretary.
