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Vijay Mallya's Kingfisher House To Be Auctioned For The 6th Time

by Admin | Posted: Nov 13, 2017 at 22:52 | Views: 530

Vijay Mallya's Kingfisher House To Be Auctioned For The 6th Time

Vijay Mallya's Kingfisher House will be put up for sale once more with a hold cost of Rs 82 crore. 

This is Government of India's 6th endeavor to sell the property and as per the commercial discharged by Debt Recovery Tribunal (Karnataka), Department of Financial Services, Kingfisher House (Kingfisher Airlines Mumbai office) will get e-unloaded on December 19 between 11 am and 12 twelve. 

The intrigued bidders are required to pay incremental measure of Rs 50 lakh ahead of time. 

Aside from his Mumbai office, 9 vehicles of Kingfisher House with save cost of Rs 4,90,000 (add up to) were unloaded on November 11. 

On May 31st, in spite of cutting down the hold cost to Rs 93.50 crore, there was not a solitary bidder for this dubious resolute property of Mallya admeasuring 2401.70 square meters. 

In March a year ago, the 17-bank consortium drove by SBI attempted to sell the property out of the blue with a hold cost of Rs 150 crore.

Source : inshorts, india today




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