A Business Tycoon's Sky Mansion Worth $20 Million
Thu, April 22, 2021

A Business Tycoon's Sky Mansion Worth $20 Million

 

In 2010, Vijay Mallya, the chairman of United Breweries Group, announced that he was planning to have a sky mansion built atop a luxury skyscraper in Bangalore, India. It was being developed as an extension of UB City, the luxury retail and office space built under a joint development agreement between United Breweries Holdings Ltd (UBHL) and Prestige Estates Projects Ltd. The sky mansion covers an area of 40,000 square meters which is located on the 33rd and 34th floors of Kingfisher Tower.

“It was a challenge to construct the mansion on a huge cantilever at that height, but we have ensured we build it exactly the way it was conceived. It’s a complex structure and the finishing work is going on," said Prestige Estates’ chairman Irfan Razack.

 

Credits: Oddity Central

 

The mansion was anyone’s dream house as plans show it would have a wine cellar, indoor heated pool, outdoor infinity pool, gym, salon and spa, a roof helipad, and many more. While the structure looks finished from a distance, a closer look reveals that the final details are missing. Until now, it is unclear what parts of the mansion are already completed or if ever Mallya could live there. 

 

Credits: Oddity Central

 

In 2016, Mallya fled the country for the UK after lenders and investigating agencies came after him. According to Oddity Central, an online site that features bizarre events, unique travel destinations, weird inventions, freaky characters, odd art, and many more, the business tycoon allegedly borrowed large sums of money and never paid it back. Since then, he has been disputing the charges. If found guilty under the money laundering Act, the sky mansion may be confiscated and sold to recover debts.

 

Credits: Oddity Central

 

“If money laundering is not proven, the debt remains and what will happen to this property is they (banks) will try to recover dues. There will be an attempt to sell off and recover dues and any sale proceedings will be realized and appropriated towards his dues. If after this anything remains, it will be given to him,” S.S. Naganand, senior counsel appearing for the lenders consortium, said. 

 

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