Deals27 Aug 2025, 12:32 pm
Jet Airways (India) Ltd Executes Deed of Assignment for Office Premises Transfer
AI Summary
Jet Airways (India) Ltd has executed a Deed of Assignment and related documents to transfer lease and related rights of the Company over leased premises, namely Office No. 201 on the entire 2nd Floor of the Building situated at C-68, G-Block, Bandra Kurla Complex, Mumbai. The transfer is subject to approval from the Mumbai Metropolitan Region Development Authority (MMRDA). The sale under auction has been conducted under the provisions of IBC and Liquidation Regulations. The leased premises admeasuring 52,202 square meters will be transferred for a consideration of Rs. 370,25,00,000/- (Rupees Three Seventy Crore Twenty-Five Only).
Key Highlights
- Execution of Deed of Assignment for transfer of lease and related rights of the Company over leased premises
- Transfer of lease for Office No. 201 on the entire 2nd Floor of the Building situated at Bandra Kurla Complex, Mumbai
- Transfer for a consideration of Rs. 370,25,00,000/- (Rupees Three Seventy Crore Twenty-Five Only)
- Subject to approval from the Mumbai Metropolitan Region Development Authority (MMRDA)
- Sale under auction conducted under the provisions of IBC and Liquidation Regulations