The e-auction of Kingfisher House – Kingfisher Airline’s corporate office in Mumbai – along with Kingfisher Villa in Goa will be held on March 6, by SBICAP Trustee Company for a reserve price of R103.5 crore and R73 crore, respectively. The last date for submission of bid application documents, EMD amount and KYC documents has been set as March 4.
The bidders are required to submit 10% of the reserve price or R10.35 crore (Kingfisher House) and R7.3 crore (Kingfisher Villa) as the EMD amounts and their reserve prices have been reduced by 31% and 14%, respectively, from the first auction.