Air India properties are in Mumbai, Lonavala, Delhi, Gwalior, Trivandrum and other cities and states of the country.
By Varun Singh
Air India the national carrier has been facing a tough time. The debt ridden airlines has put 19 prime properties from various locations of the country on auction. The bid closing date for the e-auction is January 31.
The properties are located in Bhuj (Gujarat), Bengaluru, Chennai, Delhi, Gwalior, Kolkata, Lonavalam Mangalore, Mumbai, Nashik, Pune and Trivandrum.
A property in Mumbai’s Bandra area, which is a residential building with 14 flats located at Pali Hill is the most expensive in the auction.
The other Mumbai properties include one unit of 1BHK and two units of 2BHK in a building named Sachin Da Khar. Another combined flat in Cozihome Bandra, while a flat in Twin Towers, Prabhadevi.
The Lonavala property that has been put on auction is Air India Holiday home which is near Khandala. The Nashik property includes six units of 2BHK flats in a building at Swami Vivekanand Nagar, while the Pune property is an offie space at Hermes Kunj, Mangaldas Road.
In Delhi, Air India has put three flats at Asian Games Village Complex up for auction. While in Gwalior a land at Maharani Laxmi Bai Road has been put under the hammer.
In South of India, there are several properties, in Bengaluru, two units of 3BHK flats at Palesan HAL, and a residential plot at Devanahalli Talk have been put on sale. Mangalore has a 3BHK and a 2BHK flat located at Kadri Village.
In Chennai, a 3 BHK flat at Dr MGR Road, Besant Nagar while in Trivandrum a residential land at NCC Nagar are put on auction by Air India.
In Kolkata, Air India has put a residential plot located at Kaikhali and 8 units of 2BHK flats at Golf Greens on auction. In Bhuj on auction there are two plots one a residential land at Ghanshyam Nagar while other one is a commercial land with a building at Station Road.
While the exact worth of the properties aren’t known yet, but they will be close to Rs 300 crore and above.