Air India calls off second auction, decides to sell 29 properties together - News Summed Up

Air India calls off second auction, decides to sell 29 properties together


After an initial online auction for 14 properties in June did not find any takers, another e-auction for 15 other properties was held last month. While buyers showed interest this time around, the auction was aborted by Air India. According to sources, it has now decided to club the 29 properties for the third round of auction. Fourteen flats were put up for sale on June 21 through an e-auction by government-run company MSTC India but found no takers. Another officer from Delhi office of MSTC India who was part of the sale confirmed that buyers did turn up, but the auction was cancelled.


Source: dna August 05, 2017 02:15 UTC



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