Mallya's properties worth ₹680 crore to be auctioned
United Spirits is set to auction its former owner Vijay Mallya's properties, including his Mumbai residence on Nepean Sea Road. In total, 13 properties worth as much as ₹680 crore will be put on auction. Notably, Mallya had gained a one year option to buy the properties at 10% discount to market value, which expired on February 21, 2017.