AI Assets Holding Limited has made a sale and transfer of the iconic Air India Building, located at Nariman Point, Mumbai, to the Government of Maharashtra (through the Governor of Maharashtra) for a total consideration of ₹1,601 crore.
S&A Law Offices acted for AI Assets Holding on this transaction.
The transaction was led by Kumar Shashwat Singh Sawno (Partner), along with Vishal Singh (Principal Associate) and Rishabh Chauhan (Principal Associate).
The transaction marks one of the most significant government real estate acquisitions in recent years and represents a key milestone in the strategic monetization and divestment of non-core assets of the erstwhile national carrier, which were transferred to AI Assets Holding.
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