Air India to monetise 105 realty assets
No Comments Sub Category:Delhi-NCR,Realty News Posted On: Nov 06, 2012
Air India is planning to monetise 105 realty assets to lower its debt burden.
According to industry sources, the debt ridden national carrier had invited bids from real estate consultants and Jones Lang LaSalle India is close to seal the deal.
The financial bids opened last week and based on the financial proposals submitted by four property consultants, JLL has emerged as the leading bidder to bag the contract.
Air India expects to raise around Rs 5,000 crore over the next 10 years through the deal.
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Air India, bids, Jones Lang LaSalle India (JLL), monetise assets, Property Consultants, Real estate consultants, realty assets, Realty News
