Kingfisher House, the erstwhile headquarters of the now-defunct Kingfisher Airlines Ltd in Mumbai, which was founded by fugitive businessman Vijay Mallya, has been sold to Hyderabad-based Saturn Realtors at Rs 52.25 crore — about one-third of its reserve price of Rs 135 crore.
Situated near the Chhatrapati Shivaji Maharaj International Airport at Santacruz in Mumbai, Kingfisher House had failed to attract a buyer for the eighth time during an auction in November 2019.
