The Maharashtra government officially acquires the iconic Air India building in Mumbai for ₹1,601 crore to centralize state offices and reduce rent costs.

Air India building acquisition by the Maharashtra government concludes with a ₹1,600 crore transfer, aimed at easing administrative office space shortages.

AAI Mumbai height restrictions policy shift explores case-by-case clearance for Juhu's stuck redevelopment projects.

Karnataka's Deputy Chief Minister has formally requested the central government to ease stringent building height restrictions around Bengaluru’s primary aviation facilities. This move aims to unlock significant vertical development potential and align permissible building envelopes with major metros like Mumbai and Hyderabad, boosting the real estate sector.

The Bombay High Court has permitted construction to continue at a high-rise project near INS Shikra naval air station in Mumbai, subject to compliance with defence and aviation safety norms, providing relief to the developer amid regulatory concerns.

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Maharashtra buys the famous Air India building at Nariman Point, Mumbai, for INR 1,601 crore. New state development and strategic planning begin with this historic purchase.

After paying 1,601 crore for the 22-floored Air India Building in Nariman Point, which has transformed Mumbai's reclaimed southern tip into one of Asia's largest and most expensive financial districts, several Maharashtra government departments will move in.