Air India sells Mount Road plot for Rs 97 crore

Air India has sold a 1.3-acre land on Chennai’s Mount Road to the external affairs ministry for Rs 97 crore as part of its efforts to reduce debts. The property is located opposite to SIET Women’s College, close to Teynampet. According to media reports, tt was an internal transaction, worked out

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Published - Thursday, 22 Feb, 2018

Air India sells Mount Road plot for Rs 97 crore

Air India has sold a 1.3-acre land on Chennai’s Mount Road to the external affairs ministry for Rs 97 crore as part of its efforts to reduce debts. The property is located opposite to SIET Women’s College, close to Teynampet. According to media reports, tt was an internal transaction, worked out by the two government departments and effected on Monday. The property was put on the block close to two years ago.