Mumbai: The Maharashtra government is set to purchase the iconic Air India Building in Nariman Point off the picturesque Marine Drive in Mumbai.
The deal is expected to cost Rs 1,601 crore.
Maharashtra government has been in touch with the Centre and the Civil Aviation Ministry over this. The proposal was cleared at the weekly Cabinet meeting presided over by Chief Minister Eknath Shinde.
It may be recalled, last year, Deputy Chief Minister Devendra Fadnavis met Civil Aviation Minister Jyotiraditya Scindia expressing Maharashtra’s intent to acquire the building.