New Delhi, April 8: Finally after three failed auctions Vijaya Mallaya’s posh Goa villa has been finally sold. The property was dispose off for a little over Rs 73 crore to actor-cum-businessman Sachiin Joshi.
Bankers seized the Goa Villa after Mallya failed to repay loans taken for the erstwhile Kingfisher Airlines. According to a report, SBI Chairman Arundhati Bhattacharya confirmed the sale but did not divulge the name of the buyer.
Joshi is the vice chairman of the JMJ Group of Companies. He made his Bollywood debut with Aazan in 2011. The movie got mixed response at the Box Office, but overwhelming response at the Cannes Film Festival. He is the exclusive license holder for playboy in India and other ventures also includes Goa Nicofix Chewing gum, Viking trace.
He is married to actor Urvashi Sharma, now known to be Raina Joshi.