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“Union Government Approves Transfer of Air India Building to Maharashtra Government for Rs. 1,601 Crore”

Centre Approves Transfer of Air India Building to Maharashtra Govt for Rs. 1,601 Crore

In a significant development, the Union government has given the green light to transfer ownership of the iconic Air India building in Mumbai to the Maharashtra state government. This transfer, valued at Rs. 1,601 crore, also includes the waiver of outstanding dues amounting to approximately Rs. 300 crore, paving the way for a landmark transaction.

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