SBI, govt departments interesting in buying Air India's Mumbai realty assets

Out of the reserve price, one building in Mumbai's Pali carries a reserve price of Rs 200 crore

Various government departments as well as State Bank of India (SBI) have shown interest in buying the properties to be auctioned by Air India in Mumbai, sources in the know said.
 
Advertisements, issued last week, got good response from prospective buyers, sources said. “Some government departments want to buy the apartments directly,” they added.
 
Air India is e-auctioning 41 apartments in Mumbai in the first phase. The carrier plans to auction its properties in other cities soon.
 
Though the airline has kept a reserve price of Rs 315 crore for these properties, it hopes to make around