Vijay Mallya
Bangalore is widely known for its bungalow culture and does not have skyscrapers adorning its skyline. This, however is about to change as a lot of developers are planning projects to come up with skyscrapers in the city. It is learnt that in the next couple of months, Golden Gate Properties, the south based builder [...] Continue Reading »
Bangalore- Vijay Mallya’s investment holding company UB Holdings has got a jumbo offer by Private equity giant Blackstone, revealed sources. The PE firm has offered around Rs 560 crore to the company to buy out the prime office and retail real estate blocks in UB City, the biggest commercial property project in Bangalore. As an [...] Continue Reading »
Beleaguered Kingfisher Airlines has planned to sell two of its unused properties in Mumbai and Goa to partly repay staggering loans of about Rs 7,500 crore. The Mumbai property is likely to fetch Rs 120-90 crore and Rs 30 crore for the Goan villa by the current market value. Prakash Mirpuri, an airline staff, said [...] Continue Reading »
India’s largest and leading finance lending sector HDFC banking sector is lending Rs 150 crore for the construction of Vijay Mallya’s Kingfisher Towers in Bangalore. This project which is expected to be completed by year 2013, is right now an eye catching residential project across the country. The luxurious Kingfisher Towers promoted by UB Group [...] Continue Reading »
