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Cash-strapped Air India auctioning off real estate assets
Ahead of a planned privatisation, Air India is selling off some of its remaining assets. It plans to auction off several non-core real estate assets located in New Delhi, Mumbai, Kolkata, Ahmedabad, Bengaluru, Mengaluru, Nashik, and Nagpur.
It includes offices, apartments, and staff quarters. The assets will go under the hammer at an online auction on 9 July which hopes to raise tens of millions of dollars for the cash-strapped carrier.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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