Key facts
- Maharashtra government acquired the Air India building in south Mumbai.
- The transaction value was Rs 1,601 crore.
- The building will be used to consolidate government offices.
The Maharashtra government has completed the acquisition of the Air India building, a landmark property located in the prime area of south Mumbai. The deal was valued at Rs 1,601 crore. This strategic purchase is intended to bring together various state government offices under one roof, aiming to improve administrative efficiency and accessibility. The iconic building, previously owned by Air India, has been a prominent fixture in Mumbai's skyline.