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Kingfisher House

31 May 2017

Vijay Mallya- owned Kingfisher House auction fails for 5th time

Mallya has been declared a wilful defaulter and is wanted by Indian authorities for default in payment of loans related to Kingfisher Airlines that was grounded in 2012.

18 May 2017

Enforcement Directorate takes possession of Rs 100 crore farm house of Vijay Mallya

Enforcement Directorate on Thursday took possession of Rs 100 crore farm house of Vijay Mallya in Alibag of Maharashtra in connection with its money laundering probe case.

23 Apr 2017

Banks looking at bilateral pact to make Kingfisher House sale

In order to make sale of Kingfisher House, banks are considering adopting a model followed in recent sale of the defaulter businessman Vijay Mallya posh Goa villa to recover their dues.

08 Apr 2017

Vijay Mallya's Kingfisher Villa in Goa sold for Rs 73 crore finally

After three failed auctions, banks have finally managed to sell the Kingfisher Villa in Goa belonging to the troubled businessman Vijay Mallya to a city-based actor for Rs 73 crore through a private treaty.

05 Mar 2017

Lenders to auction two Kingfisher Airlines properties on March 6

Kingfisher Airlines' two prime assets, Kingfisher House in the city and Kingfisher Villa in Goa, will be auctioned on Monday by banks to recover their loans to the long-defunct airline started by defaulter businessman Vijay Mallya.

Kingfisher Airlines

17 Feb 2017

Lenders cut reserve prices of KFA properties for March 6 auction

The 17-lender consortium to the defunct Kingfisher Airlines (KFA) has once again put on block Kingfisher House in the city and Kingfisher Villa in Goa, with a 10 percent reduction in the reserve prices.

Kingfisher House

22 Dec 2016

Vijay Mallya's Goa property Kingfisher Villa fails to find takers again

The re-auction of embattled businessman Vijay Mallya's Goa property, Kingfisher Villa, yet again turned out to be a damp squib today despite a reduction in reserve price by 5 percent to Rs 81 crore by lenders.

Kingfisher House

21 Dec 2016

Banks to again auction Vijay Mallya's Kingfisher Villa on Thursday

After failing for the third time to find a buyer for the Kingfisher House in the city earlier this week, the lenders are reauctioning troubled businessman Vijay Mallya's another plush property, the Kingfisher Villa on the Goan coast on Thursday.

Kingfisher House

18 Dec 2016

Consortium of banks to again auction Kingfisher House,Villa at lower reserve prices this week

A consortium of 17-banks will once again be auctioning plush properties of beleaguered liquor baron Vijay Mallya - Kingfisher House in the city and Kingfisher Villa in north Goa - this week at lower reserve prices compared to the previous 3 auctions.

Kingfisher Airlines

05 Dec 2016

Lenders cut Kingfisher Villa auction price by 5%; auction scheduled on December 22

The plush sea-facing Kingfisher Villa at Condolim in north Goa will once again be put up for auction on December 22 as decided by the lenders to the now defunct Kingfisher Airlines.

Kingfisher Airlines

25 Nov 2016

Kingfisher House goes on sale 3rd time, reserve price down 15%

The 17-lender consortium to the defunct Kingfisher Airlines has again put on sale its erstwhile headquarters, Kingfisher House, but with a 15 per cent reduction in the reserve price.

Kingfisher Airlines

24 Aug 2016

Banks to auction Kingfisher Airlines brands again on Thursday at lower price

In their second attempt at recovering a part of the dues of over Rs 9,000 crore from now defunct Kingfisher Airlines, lenders will re-auction the airlines' trademarks, including Kingfisher logo and the once-famous tag-line 'Fly the Good Times' on Thursday, but at a lower reserve price of Rs 330.03 crore.

04 Aug 2016

Kingfisher House auction fails due to high reserve price

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Kingfisher House

04 Aug 2016

Kingfisher House auction fails again; no bidder turns up

The auction of Kingfisher House proved a damp squib yet again Thursday as no bidder turned up for the erstwhile headquarters of Vijay Mallya-led group's long- grounded airline at a reduced reserve price of Rs 135 crore.

Kingfisher House

03 Aug 2016

Bidders remain elusive for Kingfisher House; auction may fail

The proposed auction of Kingfisher House, the erstwhile headquarters of Vijay Mallya-led group's long-grounded airline, may prove to be a damp squib yet again tomorrow as bidders have remained elusive even at a reduced reserve price of Rs 135 crore.

31 Jul 2016

Couches to jet: Vijay Mallya assets to go under hammer for Rs 700 crore

As the lenders and tax authorities cool their heels for Vijay Mallya to return to India, they will put under hammer next month assets worth over Rs 700 crore of the embattled businessman's long-defunct Kingfisher Airlines.

01 Jul 2016

Vijay Mallya's plane auction proves damp squib, gets Rs 1.09 crore bid

In another failed attempt at recovering money from beleaguered businessman Vijay Mallya through sale of his assets, a lone bidder turned up for the auction of his personal jet with a bid of Rs 1.09 crore -- less than a per cent of Rs 152 crore reserve price.

Kingfisher Airlines

04 May 2016

Kingfisher House auction: Lenders begin revaluation in a bid to sell it

Almost two months after it proved to be a flop show, lenders have begun a fresh valuation process of auctioning Kingfisher House, the headquarter of Vijay Mallya's now defunct Kingfisher Airlines.

Kingfisher House

17 Mar 2016

Vijay Mallya's Kingfisher House up for auction, bidding starts

The house, which served as Kingfisher headquarters, would be sold through e-auction.

Consortium of banks

17 Mar 2016

Banks to auction Vijay Mallya's Kingfisher House on Thursday; valued at Rs 150 crore

A consortium led by the State Bank of India is likely to auction the Kingfisher House at Jogeshwari in Mumbai, in a bid to recover part of the Rs 6,963 crore debt due from the now grounded Kingfisher Airlines.

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