Jet Airways lenders put the defunct airline’s BKC office on the block
MUMBAI: The dedicated bankruptcy court has allowed lenders of defunct carrier Jet AirwaysNSE -4.95 % to sell its office assets located in BKC, a prime commercial suburb of Mumbai.
On June 11, the Principal Bench of the National Company Law Tribunal (NCLT) allowed the lenders to go ahead with the monetization plan for about 1.70 lakh square feet saleable area that comprises of 3rd and 4th floor of building ‘Jet Airways Godrej BKC’. The asset also includes rights to use parking space for about 140 cars.
The lenders have kept the reserved price of Rs 490 crore for the property and the auction for the same is expected to take place on June 26.
