Who doesn’t know the liquor Baron Vijay Mallya and the kingfisher Towers? Well, both are known for a reason & quite popular. Vijay Mallya’s Kingfisher Tower located at Vittal Mallya Road Bengaluru is the Landmark in the city. The United Breweries Group, UB City in collaboration with Prestige Groups. The UB City has the headquarters of all the companies under the UB Group. There is so much to talk about, Vijay Mallya’s Kingfisher Towers. The tower has many interesting facts.
Did you know that Vijay Mallya’s kingfisher tower is an ultra-luxury residential project? Well, I never knew this until I went through the article about it. Vijaya Mallya owns this tower. Vijaya Mallya’s Kingfisher tower has 4 BHK ultra-luxury apartments. It is said that the Kingfisher Tower has built on Vijay Mallya’s ancestral property. This ultra-luxury project is developed within 4.5 acres of land and has 81 units of 4 BHK configuration. There are three blocks named A, B, & C. The 34 storeys high rise premium looking tower has a sky-touching penthouse, which belongs to Vijay Mallya. The total dimension of the penthouse is said to be 40,000 Sq Ft.
Vijay Mallya’s Kingfisher Tower’s every unit has a private lift, lobby and have access to premium amenities, like a gym, swimming pool and clubhouse. Every unit gets a parking area that covers five cars.
It’s a Joint Venture Project
The Vijay Mallya’s Kingfisher Tower is a joint venture project between the United Breweries Holdings Ltd and Prestige Groups. According to a report the prestige group owns 42 units in its share. The last unit owned by the prestige group was sold for 27 crores in the year 2017. It’s said that recently two units in Vijay Mallya’s Kingfisher Tower has been resold for an exorbitant price of 35 crores each. UBHL owns 55% and the developer 45%.
When the Prestige Groups takes up the project, there will be no complaints about the quality of the structure. Vijay Mallya’s Kingfisher tower has been built using highly innovative and engineered materials. Prestige has created a benchmark in the real estate industry & together they have set a landmark in Bengaluru.
Highly Expensive Residential tower in Bengaluru
Vijay Mallya’s Kingfisher Tower is near the most happening locality, Lavelle Road. The Vijay Mallya’s Kingfisher Tower was launched at a price of about Rs 22,000 per sq ft. The current rate per sq ft for apartments in the Kingfisher Towers is around Rs 41,420. UBHL has sold 39 apartments as well as the penthouse for reportedly 150 crores. Due to the locality and the Ultra Luxury amenities, Vijay Mallya’s Kingfisher Tower is an expensive residential tower in Bengaluru.
The 40,000 Sq Ft Penthouse
The top two floors of Vijay Mallya’s Kingfisher Tower has a Penthouse crafted for his self-use. The structure of the mansion resembles the Whitehouse. The mansion is set up on the cantilever slab on top of the tower. The penthouse is at the 34th and 35th tower which has a helipad at the top. It is said that the skyscraper villa is designed according to Vijay Mallya’s taste & has an infinity pool and a lobby.
The mansion has no connection with other units in the Towers. It is a completely private rooftop villa with an open deck that offers a 360-degree viewing platform. The rouge estimate of the rooftop penthouse is said to be approximately $20-million.
Extension of UB City
Vijay Mallya’s Kingfisher Tower is an extension of UB City. UB City is India’s first luxury mall, located in the Vittal Mallya Raod, Central Bengaluru. The UB City has 6 Blocks, UB Tower, Kingfisher Plaza, Concorde, Canberra, Comet, and Kingfisher Towers. UB City Mall has almost everything in it. Vijay Mallya’s Kingfisher Tower is an extension of the UB City which has access to UB City. Whether you want to party, shop, relax, or hang out with friends the UB City has almost everything. UB City is a different world in itself. Living next to such a luxurious Mall is like a living dream.
Vijay Mallya Never Got a Chance to Live in his Dream Sky Mansion
According to the reports, Vijay Mallya never got a chance to live in his dream mansion. A report published in 2015 said that due to the money Laundering case most of the residential units at Vijay Mallya’s Kingfisher towers are not sold, or it was barred from selling. In 2016, the Enforcement Directorate (ED) had seized Mallya’s properties worth Rs 6,630 crore, seizing his farmhouse, flats and other possessions. Soon after which Vijay Mallya flew to the UK and never came back. Still, it is unclear that the building is completed or not. We will have to wait and see whether the Billionaire gets to live in his mansion.
The kingfisher Tower at UB City is a spellbound residential High-end project built by prestigious developers that is the Prestige Groups. These are some of the interesting facts about Vijay Mallya’s Kingfisher Towers. If I have left out anything, do let me know in the comment section below.
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