4 Lakh Sq Ft Office Space To Be Leased By Air India
Tata group acquired airliner Air India is holding negotiations to lease about 400,000 sq ft of office space at Vatika's office complex in Gurugram. As per the information the airline has already signed a letter of intent (LoI) for about 200,000 sq ft with the option of doubling the space later. The firm is planning to shift all offices in this building. Other Tata airlines - Vistara and AirAsia - may also shift to the same complex later.
Vatika project, One on One, on National Highway 8 is spread across 2.2 million sq ft and is being developed in two phases with an investment outlay of Rs 1,200 crore.
Also Read: One Of Largest Aviation Orders To Be Placed By Air India