SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SBI to buy four premium flats from Air India for Rs 90 crore

04 Jan 2016 Evaluate

State Bank of India (SBI) is all set to buy four premium flats in Mumbai’s posh Peddar Road area from the loss-making Air India for Rs 90 crore. In this regard, a legal team of Air India is preparing a draft sale agreement which will then be given to the counterparts from the SBI, the country’s largest lender.

Recently, the Centre gave go-ahead to state-owned Air India to sell the flats to SBI for about Rs 90 crore as part of the airline's asset monetisation plan.

 

SBI Share Price

1080.35 12.85 (1.20%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×