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...

Aviation regulator DGCA recently ordered a detailed inspection of 21 Airbus 320neo planes of IndiGo and GoAir that are equipped with P&W en...

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

"There was hope that Villa could get some buyer this time, but unfortunately, none of the bidders came forward. The auction failed this tim...

In the second auction of the property situated at Condolim, North Goa, the 17-member lenders consortium led by SBI, has set the reserve pri...

The 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 ...

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

The reserve price for the property, which once was used by Mallya to host lavish parties, has been set at Rs 85.29 crore.

In the four days during which the property was thrown open, around half-a-dozen entities are known to have visited the palatial villa.

The Villa comprises of three big bedrooms and a huge living room containing hand-crafted teakwood furniture designed in Goan style.

Mallya's personal jet is being put under hammer by the service tax department, while other properties will be auctioned by the lenders.

The process of arriving at a commercial value for the villa is likely to be completed in a few days after which the lenders will put it on ...

North Goa collector Neela Mohanana had on Wednesday given her nod to SBICAP to take over the property even “if required by force”, sources ...

On Wednesday, the Collector had issued an order in favour of the 17-banks consortium led by SBI to take physical possession of the villa.

After two failed auctions in Vijay Mallya debt scandal, lenders are hoping for a successful sale of Goa property.

Goa Villa and Kingfisher House in Mumbai valued at Rs 128 crore, compared to Rs 200 crore at time of loan in 2010.

Kingfisher Airlines is fighting to retain ownership of its corporate office in Mumbai and Vijay Mallya's luxury villa in Goa, which lenders...