The Maharashtra government has acquired the iconic Air India building in Mumbai for ₹1,601 crore, a significant addition to its administrative infrastructure. The transfer of ownership was finalized in the presence of Chief Minister Devendra Fadnavis and other officials after a cabinet meeting. The 23-storey building, located at Nariman Point and constructed in 1974, has been a landmark in the city, known for its prime sea-facing location. Following Air India's privatization and acquisition by the Tata Group, this non-core asset was transferred to the Air India Assets Holding Limited (AIAHL). The Maharashtra government, facing a shortage of office space in the area, had been negotiating the acquisition since 2021. The state cabinet approved the purchase in November 2023, waiving approximately ₹298 crore in unrealized dues. PWD Minister Shivendrasinh Bhosale stated that the government plans to conduct a comprehensive structural audit and initiate necessary repairs before relocating offices, ensuring high standards for the renovation work. The building is envisioned to become a model government complex, reflecting Maharashtra's heritage.