Vijay Mallya's ₹300 crore Mumbai house to be auctioned

United Spirits (USL) is set to auction former Chairman Vijay Mallya's Mumbai house priced at around ₹300 crore, according to reports. Mallya entered into an agreement allowing him to acquire up to 13 domestic properties from USL within a limited time frame after his resignation. The company has decided to sell after Mallya failed to buy them back last year.