
In a high-profile real estate development, the luxurious Kingfisher Villa in Goa—once owned by fugitive businessman Vijay Mallya—has reportedly found new owners in the Bollywood circuit. The lavish beachfront property, long associated with opulence and high-end parties, is now said to be owned by a well-known celebrity couple from the film industry who have paid a significant sum for the estate.
A Villa with a Controversial Past
Located in Candolim, one of Goa’s most premium beachside areas, the Kingfisher Villa was earlier the centerpiece of Vijay Mallya’s flamboyant lifestyle. The estate had hosted countless celebrity gatherings and was known for its luxury interiors, private beachfront, and sprawling lawns.
After Mallya’s financial troubles began and legal proceedings followed, the property was seized and put on the market to recover debts owed by the now-defunct Kingfisher Airlines.
The New Owners and the Price Tag
While the exact names and amount have not been officially disclosed, industry sources suggest the buyers are a prominent Bollywood couple who were looking for a private holiday retreat with investment value. Reports indicate the couple paid over ₹90 crore for the villa—marking one of the highest-value private property purchases in Goa in recent times.
This acquisition reflects a growing trend where celebrities are investing in real estate assets outside Mumbai, especially in serene coastal locations like Goa and Alibaug.
Why Tier 2 Investors Are Watching
Goa’s luxury real estate has become increasingly attractive for HNIs (high net-worth individuals), NRIs, and now even Tier 2 city entrepreneurs and investors. With high-profile names entering the market, there’s renewed interest in beachfront properties, gated villas, and second homes.
Cities like Nagpur, Indore, and Surat have seen rising numbers of business families exploring similar property investments, inspired by such celebrity purchases.
Conclusion
The purchase of the Kingfisher Villa by a Bollywood couple not only closes a chapter on Vijay Mallya’s troubled legacy but also opens a new era of celebrity real estate interest in Goa. For investors and fans alike, the property’s transformation from a symbol of excess to a private retreat is both symbolic and significant.