Sachiin Joshi, who was last seen romancing Sunny Leone onscreen in jackpot, is now a proud owner of Vijay Mallya's famous Kingfisher Villa. The Villa failed to make a sale at multiple auctions after which the lenders agreed to dispose the property through a negotiated sale to Sachiin. Joshi is said to have paid more than Rs 73 crores for the Villa which is marginally higher than the last auction. In fact, SBI's chairman, Arundhati Bhattacharya, confirmed to TOI that the Villa has indeed been sold but did not reveal the details of the buyer. The actor and businessman who owns Viking Media and Entertainment has acted in a few movies like Aazaan, Mumbai Mirror and Jackpot.
The sea-facing villa in Candolium, Goa has been through multiple auctions and did attract a lot of buyers but they were hesitant to pay Rs 85 crore for it then. This led to the lenders bringing down the price of the villa to Rs 81 crore in another auction which also failed. The last auction that took place in March 2017 saw the lowest reserve price of Rs 73 crore which is when Sachiin bought it. That's quite a purchase we must say! (ALSO READ: Sachiin Joshi: I can never forget the Telugu industry)
Joshi is the chairman of JMJ Group of Companies and it is a holding company for all his various business interests. From fitness centres to the health space, the actor has ventured into a lot of things. Joshi also owns another property in Goa which saw all the A-listers like Shah Rukh Khan, Gauri Khan, Reteish Deshmukh, Genelia D'Souza and so on. Apart from Bollywood, the actor has also done quite a few films in the South.
In fact, he started his acting career from Telegu films. "I can never forget the Telugu industry. My film career started in this filmdom and it has taught me everything about cinema. It will always be my teacher and I’ll always be happy to come back and do films here," he has told some years back. Coming back to the Villa, we wish this businessman and actor tons of congratulations on his lavish purchase!
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