Go First lenders to auction 94.71-acre Thane plot at ₹1,375 crore reserve price
Secured lenders of liquidated airline Go First plan to auction Wadia Realty’s 94.71-acre Thane land parcel on August 20, seeking to recover part of ₹3,918.54 crore in admitted claims. The reserve price is ₹1,375 crore.
Go First’s secured lenders will auction Wadia Realty’s 94.71-acre Thane land parcel at a ₹1,375 crore reserve price to recover ₹3,918.54 crore in dues following the liquidated airline’s collapse.
Why this matters
The planned sale follows the recent signal that lenders set a ₹1,375 crore auction for Wadia Realty land tied to Go First dues, underscoring ongoing recovery efforts in the airline’s liquidation.
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