Businessman and actor Sachiin Joshi has bought and acquired Vijay Mallya's Kingfisher Villa for the amount of Rupees 73 crores.
In an official statement, Sachiin Joshi’s spokesperson has confirmed the same. 'Since last two days there have been speculations about the ownership of iconic Kingfisher Villa in Goa. We would like to set the record straight Mr. Sachiin Joshi has officially taken the possession of Kingfisher Villa. Although he yet has to take a call on the details about the reconstructing and renaming his newly acquired property.”
Situated in Candolim, Goa the sea-facing palatial villa has been in news for quite some time. The Villa had earlier attracted interest from at least half a dozen firms in the hospitality industry and also a media group.
Sachiin Joshi also owns Viking Media and Entertainment, debuted in Bollywood with AAZAAN, and was last seen in JACKPOT (2013). Sachiin is married to actress Urvashi Sharma who later rechristened her name as Raina Joshi.