IN PICS: This is how Vijay Mallya’s ₹100-crore bungalow in Maharashtra looks like
MUMBAI CITY NEWS: Vijay Mallya left India last year and went to London on a diplomatic passport.mumbai Updated: May 19, 2017 15:59 IST
As the enforcement directorate (ED) on Thursday took possession of businessman Vijay Mallya’s farmhouse located on the beachfront in the coastal town of Alibaug in Maharashtra, Hindustan Times brings you a sneak peek of the bungalow.
The ED said the present market value of the property at Mandwa in Kolegaon is more than Rs100 crore.
The property is spread over more than 17 acres and the adjoining beach has a registry value of Rs25 crore.
It belongs to M/s Mandwa Farms Private Limited, which was being controlled by Mallya, stated ED
The property was attached by the agency in September 2016.
Later, the provisional attachment order was confirmed by the Prevention of Money Laundering Act (PMLA) Adjudicating Authority (AA), New Delhi in February 2017.