mumbai kingfisher house the erstwhile headquarters of the bankrupt airline founded by vijay mallya has been sold to a private developer saturn realtors for rs 52 crorethe sale has taken place at a fraction of the original asking price after the lender failed to find a buyer despite holding multiple auctions across several yearsaccording to real estate industry experts the banks had originally fixed an unrealistic reserve price as the property had several limitations being at the outskirts of the mumbai airport there is not much scope to develop the propertythe building includes a basement a ground floor an upperground floor and an upper floor measuring a total 1586 square meters it is housed on a 2402sqmtr plotwatch vijay mallyas kingfisher house sold for 52 crore