Vijay Mallya the king of good times, is no longer the king of good times now! Nobody wanted to bid for loans defaulter Vijay Mallya’s Kingfisher House. The Mumbai property was put on e-auction by a 17-bank consortium that the former ‘King of Good Times’ owes Rs 6,963 crores to.

The base price for the property was set at Rs 150 crores and the auction was conducted online. The consortium is led by the State Bank of India.

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Read further to know about Mallya’s Ville Parle property?

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