This fresh bid is a part of the airline's real estate assets monetisation plan approved by the then UPA government in 2012. As per the plan, Air India had to the garner funds to the tune of Rs 5,000 crore between April 2014 and March 2021, with an annual target of Rs 500 crore from FY13 onwards.
from Times of India https://timesofindia.indiatimes.com/business/india-business/air-india-eyes-rs-800-crore-from-sale-of-over-70-properties/articleshow/66632658.cms
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