With the increased focus, over the past few weeks, on the huge pile of bad loans, business man Vijay Mallya is in news again. This time for his famous Kingfisher Villa, yes, it has finally been sold. You will get surprise after knowing who bought his famous villa?

Sachiin J Joshi is the name, he is a business and a renowned actor of south Indian films. He has also done a number of Bollywood films including Jackpot, Aazaan and Mumbai Mirror. After failing to find any bidders at multiple auctions+, lenders have agreed to dispose the property through a negotiated sale to actor-businessman Sachiin Joshi.

The 32 years old Joshi is a successful business man. He is the vice chairman of JMJ group of companies. JMJ chain of companies holds diverse business interests ranging from Fitness Center to Health space. If news top be believed Sachiin have paid marginally higher than the last reserve price of Rs 73 crore.

The beautiful Kingfisher Villa is situated in Candolim, Goa. It is a sea-facing palatial villa. Indeed a good deal Sachiin, Congrats!

NOW YOU CAN GET THE LATEST BUZZ ON YOUR PHONE! DOWNLOAD THE PAGALPARROT MOBILE APP FOR ANDROID