Mumbai: Divestment-bound national carrier Air India is looking at raising Rs500 crore by selling land and real estate in 2018-19, and is likely to sell some of its prime properties across the country, two senior officials of the airlines said.
The airline is looking to sell several of its land blocks and real estate including a 4-acre piece of land at Delhi’s Baba Kharak Singh Marg, residential colony at Vasant Vihar, a piece of land in Chennai, and a half-acre plot in Mumbai’s Pali Hill that houses about 14 apartments, one of the officials said.