Maharashtra government acquires Mumbai’s iconic Air India building in ₹1,601 crore deal

The Maharashtra government has snapped up Mumbai's historic Air India building for ₹1,601 crore, acquiring a significant piece of the city's architectural heritage. Originally constructed in 1974, the 23-storey sea-facing commercial tower at Nariman Point has long been a symbol of the city's past. This acquisition is a major move that not only consolidates government control over a prime piece of reclaimed land but also paves the way for potential redevelopment projects that could redefine Mumbai's skyline and economic landscape.