Latest Answer: Hi everybody,
In south Mumbai, areas such as Carmichael Road, Altamount Road and Malabar Hill command the highest premium in terms of prices, followed by Nepeansea Road, Warden Road and then Peddar Road and Hughes Road. These localities are not for the common people only high profile people are residing there.
Q:If anybody looking for buying flats in South Mumbai, the Air India had been looking for buyers who can purchase its 4 flats at up-market Peddar Road in South Mumbai since last 2 yrs.
Latest Answer: The main reason is selling these flats is part of the national carrier's plan to unlock the value in its land assets.
Under the land monetisation plan, Air India plans to clean up Rs 5000 crore over a 10-year period in its bid to bridge the mismatch in its revenue and expenditure.
