The Debt Recovery Tribunal (DRT), Bengaluru, has finally sold, Kingfisher House, the erstwhile headquarters of the defunct Kingfisher Airli...

Banks have the option to sell the properties under their possession through a private agreement with a buyer, if at least two auctions of s...

The 17-lender consortium led by State Bank could find no buyers despite reducing the reserve prices for both the properties by nearly 10 pe...

While the Kingfisher House is being auctioned for the fourth time, the Kingfisher Villa is being put on sale for the third time.

The reserve price for over 17,000 sqft Kingfisher House near the airport will be auctioned on Monday at Rs 115cr, which is 15% lower than t...

Lenders have set the reserve price at Rs 81 crore this time compared to Rs 85.29 crore at the first auction of the property on October 19.

The reserve price has been set at Rs 115 crore for the property located in the plush Vile Parle near airport in Mumbai.

The Villa was owned by United Breweries Holdings and mortgaged by Kingfisher Airlines to the consortium of banks to obtain loans in 2010.

"There were no bids for Kingfisher House. Even this (reserve price) Rs 135 crore was high for bidders," a source said, adding the price wou...

Lenders had put on sale the airlines' trademarks which included it's famous tagline Fly the Good Times, the Kingfisher logo, Flying Models,...

Bankers, led by State Bank of India have vowed to recover their dues from the promoter Vijay Mallya, who is declared wilful defaulter by ma...

"A revaluation process has begun and will be over by the next week. The property will put on the block again at the earliest," a source sai...

The reserve price was kept at Rs 366.70 crore, not even a tenth the price at which the brand was pledged for an exorbitant Rs 4,000 crore i...

The auction of the property, with a built-up area of over 17,000 sq ft in Vile Parle area, started at 1130 hrs and ended in about an hour w...

Kingfisher Airlines faces a probe by the Serious Fraud Investigation Office (SFIO) into its allegedly 'inflated' brand valuation of over Rs...

The banks have taken possession of the over 17,000-sq ft property at Vile Parle, as part of their efforts to recover the Rs 6,800 crore loa...

Kingfisher House is one of the prime real estates of the airline, which was once touted as the most luxurious carrier in the country.