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Air India To Sell Assets Worth Nearly Rs 250 Crore – Ways2Capital

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Debt-laden Air India plans to sell properties and land parcels worth nearly Rs 250 crore spread across three cities. To monetise these assets of Air India, the Civil Aviation Ministry would soon be moving a Cabinet note. A senior Ministry official on Friday said the assets to be sold comprise four flats in Mumbai besides land parcels in Chennai and Coimbatore. Debt-laden Air India plans to sell properties and land parcels worth nearly Rs 250 crore spread across three cities. . While the flats in Mumbai are estimated to be worth more than Rs 90 crore, the land parcel in Chennai is valued at over Rs 120 crore.

Read more at: http://ways2capital-review.blogspot.in/2015/07/air-india-to-sell-assets-worth-nearly.html#sthash.MaN5m9gR.dpuf

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