Vijay Mallya’s Kingfisher House has been sold for Rs 52 crore. Earlier the auction of this house was started from 150 crores. But now the price has come down to 52 crores.
Vijay Mallya’s Kingfisher House has been sold for 52. It was bought by a private developer. This house was being auctioned for a long time. But it could not find any buyer. The auction was started with around Rs 150 crore. But due to no buyer being found, it is now sold for only 52 crores.
According to the information, Kingfisher House was the head office of Vijay Mallya. It has a basement, a ground floor, an upper ground floor and an upper floor. It has a total area of 1586 square meters and is situated on a plot of 2402 square meters.
The auction of Kingfisher House, one of the posh properties of Vijay Mallya’s bankrupted company Kingfisher Airlines, started at Rs 150 crore. But due to no proper bidding, its prices kept falling every time. First 150 crores, then 135 crores and then decreasing now for 52 crores.