According to reports Banks are to again Auction Vijay Mallya's Kingfisher House in Mumbai and Goa Villa at Lower Prices. Bankers are facing difficulty to recover the loan amounts of Liquor king Vijay Mallya worth Rs 9,000 crores from different banks. Now for the fourth time banks announced the auction of the most luxurious villas. Mumbai's Kingfisher house price has been reduced to Rs 103.5 crores from initially announced Rs 150 crores, Goa's Kingfisher Villa's cost also got reduced to Rs 73 crores , from Rs 85.29 crores as no buyers are showing interest to buy them. It is yet to be seen whether the bankers will succeed at least this time or not.
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