Vijay Mallya’s Goa Villa seized by SBI
Vijay Mallya’s Goa villa which cost of Rs. 90 crore is attached by the State Bank Of India, where Mallya celebrated his 60th birthday in December last year. The main gate of the property which cost Rs. 90 crore has been sealed.
According to the report the SBI Caps officials drew up an inventory of the property and other assets, including vehicles and electronic items, after taking over the property. Mallya also told told the Supreme Court that he was ready to repay up to Rs 6,800 crore of the total dues of over Rs 9,400 crore, but banks have rejected the offer.
Last month, the consortium of banks had failed in its attempt to sell Kingfisher Airline’s erstwhile headquarters Kingfisher House in Mumbai, which they had taken over, because of the high reserve price of Rs 150 crore. Their attempts to sell the Kingfisher brands and associated trademarks carrying a reserve price of Rs 367 crore had also found no takers.
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