Kingfisher House

Kingfisher auction finds no takers again, trademark is worth 'almost nothing'

In April, the banks had made a failed attempt to sell brands and trademarks of the airlines, owned by Mallya. The auction was unsuccessful as none of the bidders came forward due to the higher reserve price of Rs 366.70 crore.

Kingfisher House auction failed to yield a single bidder yet again

Bankers said they may have to further lower the reserve price -- which was set at Rs 150 crore in the earlier failed auction in March -- to get any prospective buyer

Vijay Mallya case: Bidders remain elusive for Kingfisher House; auction may fail

The proposed auction of Kingfisher House, the erstwhile headquarters of Vijay Mallya-led group's long-grounded airline, may prove to be a damp squib yet again tomorrow as bidders have remained elusive even at a reduced reserve price of Rs 135 crore.

Vijay Mallya's assets, from jet to bathrobe, to go under hammer for Rs 700 cr

Banks will also soon auction Kingfisher Villa situated at Condolim, in north Goa, which they took possession from the group in May this year after a long legal battle.

4,700 acres across 14 states: Why mega Sahara sale will be next to impossible

Not many investors would want to risk his money by owning a piece of Sahara’s legacy

Vijay Mallya vs banks: No takers for Kingfisher assets at auction

Auction of brands and trademarks of Kingfisher Airlines turned out to be a damp squib today as lenders failed to attract a single bidder for sale of these pledged assets at a reserve price of Rs 366.7 crore in their efforts to recover unpaid loans from beleaguered Vijay Mallya

Kingfisher House auction: At stake for Vijay Mallya is his pride, but banks stand to lose crores

The only chance for banks to recover their money is if Mallya returns to the country and offers to pay back them from his personal wealth. As it appears, chances for that appear narrow

Auction ends; lenders fail to attract any bid for Vijay Mallya's Kingfisher House and other assets

Lenders to long-grounded Kingfisher Airlines, owned by beleaguered businessman Vijay Mallya, today began auctioning the KFA headquarters - Kingfisher House - situated near the domestic airport here.

SBI to e-auction Kingfisher House on March 17; reserve price Rs 150 cr

SBI, with Rs 1600 cr loan to Kingfisher Air, finally tags Vijay Mallya wilful defaulter