
News Topical, Digital Desk : Vijay Mallya: Kingfisher Villa in Goa still tells the stories of the luxurious life of fugitive businessman Vijay Mallya. However, this property is no longer his. Its new owners are Bollywood actor Sachin Joshi and his wife Urvashi Sharma. Now it is known as King's Mansion.
Kingfisher villa sold for crores
Vijay Mallya is accused of loan default of Rs 900 crore related to IDBI Bank. Mallya is also accused of not repaying loans worth about Rs 9000 crore from several government banks. After this, the banks wanted to recover the money by auctioning Vijay Mallya's properties. In this sequence, Kingfisher Villa was sold for Rs 73 crore.
The facilities are one of the best
Spread over 12,350 square feet, this bungalow is built on a plot of three acres. It has many facilities like private swimming pool, manicured lawn, dance floor. As everyone knows, Vijay Mallya was fond of expensive parties. Everyone was surprised to see the glitz of his Page 3 parties. After buying it, the reason behind actor Sachin Joshi's decision to name the bungalow Kings Mansion was that the identity of Vijay Mallya, the first owner of the bungalow, should be associated with it somewhere. Let us tell you that this name matches the name of Mallya's Kings beer brand.
Sachin is an actor as well as a businessman
Sachin Joshi, famous for films like Aazaan and Jackpot, is also a successful businessman. His company Viking Ventures is associated with the hospitality and wellness industry. Sachin Joshi, son of Jagdish Joshi, founder of JMJ Group of Industries, has also tried his hand in the Telugu film industry. He played the Telugu version of Aditya Roy Kapur's character in Nee Jathaga Nenundali, the remake of Aashiqui 2. His wife Urvashi has also been an actress. Mallya, on the other hand, is currently in Britain and is embroiled in legal proceedings.
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