Latest Realty News

Nov 19, 2015
New Delhi: Debt-laden Air India will soon sell four residential flats in Mumbai to public sector lender SBI for about Rs 90 crore as the airline looks to raise funds by sale of certain assets.
Mar 09, 2015
NEW DELHI: Cash-starved national carrier Air India is set to seal a real estate deal with State Bank of India
Air India to sell residential property abroad
May 04, 2014
DELHI: Air India has asked real estate consultancy firm DTZ to find buyers for its surplus residential real estate assets abroad to mobilise funds. “We have got residential properties at Hong Kong, Mauritius and Nairobi which we plan to monetize this year.
Tepid realty market a drag on Air India revival
Mar 12, 2014
MUMBAI: Depressed rates in the real estate market have hit financially struggling Air India's plans to monetise its assets. The government carrier has had to cut by 90 per cent the revenue it expects from the programme in the coming financial year.
Air India property in Chennai on the block
Dec 31, 2013
CHENNAI: Air India has put on the block a 1.33-acre property in Chennai.It will sell the property located at Teynampet on the arterial Anna Salai through an e-auction on January 21.
With 840 sq ft office space per person, Air India staff enjoy a palatial tower
Oct 24, 2013
DELHI: The 268 employees of Air India currently stationed in its 24-storey eponymous building at Nariman Point in Mumbai have a rare privilege no other office-goer in the area can think of.
With no takers for N Point building, AI plans to sell city flats
Sep 01, 2013
MUMBAI: Having failed in its plans to rent out the iconic 23-storey building in the megapolis which till recently was its headquarters, state-run Air India has now put some of its residential properties under the hammer.
Air India's plan to monetise Rs 5000 crore realty assets fails to take off
Jul 29, 2013
BANGALORE: Air India's plan to monetise real estate worth Rs 5,000 crore has failed to take off because the state-run carrier has been unable to locate the ownership documents of most of the properties it has shortlisted for sale. "Transactions are getting delayed because the ownership documents for a large number of properties that are expected to be monetised are missing," a person with direct knowledge of the matter told ET.

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