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GoAir lenders slash price for Wadia’s Thane land by 18%
Financial Express Kochi
|November 01, 2025
LENDERSTO DEFUNCTairline GoAir have cut by 18% the reserve price fora land parcel, owned by the Wadia Group on the outskirts of Thane in Maharashtra,that they intend to auction to recover dues. The lenders are Central Bank of India, Bank of Baroda and IDBI.
The 94.7-acre land parcel on the Ghodbunder Road now carries the revised pricing of 1,604 crore, as per a sale notice published by Central Bank of India. The reserve price in June was 1,965 crore.
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