Kingfisher House to be auctioned soon; lenders preparing to invite bids

The lenders, who have taken posession of the property, are expected to invite bids from potential buyers in a couple of days.

The Kingfisher House in Mumbai, the headquarters of Vijaya Mallya's once high-profile airline Kingfisher Airlines, will be auctioned shortly.
The lenders, who have taken posession of the property, are expected to invite bids from potential buyers in a couple of days.
This will be the first headway that bankers will have in the long-standing battle with the 'king of good times', being fought through various courts by a consortium of 17 banks led by the State Bank of India (SBI).
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