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Hubballi's businessman buys Mallya's 2 luxury cars for mere Rs 1.58 lakh

DHNS
August 28, 2017

Hubballi, Aug 28: Good times have begun for Hubballi's businessman Hanumantha Reddy as he purchased two cars belonging to liquor baron Vijay Mallya, at Rs 1.58 lakh through an online auction. The original cost of those cars were Rs 53 lakh, when Vijay Mallya purchased them years ago.

He paid Rs 40,000 for a 2002 Hyundai Sonata (MH 01 DA 7227), while the 2003 Hyundai Acord 2.4 AT (MH 01 DA 1235) was purchased at Rs one lakh. Remaining amount was paid as taxes.

The two cars were put on online auctioning by United Spirits Company in January after the liquor baron failed to repay the loans taken from various banks. Hanumantha, who has a hobby of collecting second hand cars, bid for the car online purchased it in May. Now they have been delivered to him. While one of the cars came from Bengaluru, the second car was delivered to him from Mumbai.

Both the cars are said to be in good condition, and with news of him purchasing Mallya's car spreading like a wildfire in the city, there has been a demand for those cars now. “People are asking me to resell those cars and they are ready to pay higher price than what I paid for them,” he said.

He said people are ready to pay Rs 2.5 lakh for the Hyundai Sonata, which is golden colour and the second car is currently fetching him Rs 4.5 lakh. However, he has not yet made up his mind to sell these cars.

Comments

Ashish
 - 
Monday, 28 Aug 2017

Ideally the proceeds should go to the banks.

Sukesh shetty
 - 
Monday, 28 Aug 2017

Bidding for his villa is different from bidding for his cars - People will think in a different way to buy a villa if priced low and not even 10 % of the loan can be recovered

Suresh Kamath
 - 
Monday, 28 Aug 2017

When the Owners of such Fleet of Cars is the infamous Mallya how come such demands for Cars at such exorbitant Prices are placed and Villa and other Estate NO ONE is coming ahead to bid ???How come such Money is collected /pocketed by some one other than Banks ??Courts MUST direct such Money collected to repay the outstanding Debts of the Owners and NEVER be pocketed as PRIZE for some other Owner

Nirmal
 - 
Monday, 28 Aug 2017

Hope for better recovery

Mohan
 - 
Monday, 28 Aug 2017

only peanuts compared to what he owes..

Sudeep
 - 
Monday, 28 Aug 2017

Simple... Vijay Mallya needs money to survive... He will auction the cars first.... People buying Mallya''s cars !!!! These will ply on roads only if you put liquor on the fuel tanks....

Pradeep acharya
 - 
Monday, 28 Aug 2017

Rise and heavy fall of a famous-infamous prodigal. Those property become the destructive prosperity for this lustrous man

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News Network
August 9,2020

Bengaluru, Aug 9: Karnataka Chief Minister BS Yediyurappa has expressed condolences over the death of nodal officer who died while being on COVID-19 duty and announced an ex-gratia of Rs 25 lakhs to the family of the deceased.

The deceased has been identified as H Gangadharaiah. As per reports, he died due to a heart attack while on COVID-19 duty.

A government job and Rs 25 lakhs will be provided to the officer's family, according to Karnataka Chief Minister's Office (CMO).

"Chief Minister BS Yediyurappa expressed his heartfelt condolences over the death of H Gangadharaiah, KAS, who was on COVID-19 duty as nodal officer at the Bangalore International Exhibition Centre (BIEC)," Karnataka CMO tweeted.

"CM announced Rs 25 lakhs ex-gratia from Chief Minister's Relief Fund, a government job for a family member and instructed the last rites of Gangadharaiah to be performed with full state honours," the CMO added.

In the last 24 hours, 7,178 new COVID-19 cases (including 2665 in Bengaluru Urban), 93 deaths and 5,006 discharged cases were reported in Karnataka.

The total number of cases rises to 1,72,102 in the state, including 79,765 active cases, 89,238 discharges and 3,091 deaths, as per the State's Health Department.

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News Network
April 11,2020

Bengaluru, Apr 11: The coronavirus-driven lockdown will continue for another 15 days, but relaxations will be allowed in a graded manner, Karnataka Chief Minister B S Yediyurappa said after a four-hour-long video conference with Prime Minister Narendra Modi on Saturday.

“Agriculture and industrial sectors will be given relaxation. Government offices will be allowed to work with partial strength. But the PM said detailed guidelines will be issued in two days,” Yediyurappa said, briefing reporters. 

“Importantly, the lockdown for the next two weeks will be different than how it was in the past three weeks. The Centre, keeping in mind economic activities, especially agriculture, industry and employment of labourers, the Centre will tell us what needs to be done,” the CM said.
 
According to Yediyurappa, PM Modi told all chief ministers that the next 2-3 weeks will be critical. “The next few weeks will decide whether or not we have succeeded. If the situation worsens, we have to face the crisis,” Yediyurappa said, quoting Modi. 

Apparently, Modi sought details on the COVID-19 situation from 12-13 states where the situation is grave. “He did not take a report from Karnataka,” Yediyurappa said. “This morning, seven new cases were reported in the state, taking our tally to 214. Nationally, we were in the third place; we’re now 11th,” he said, hailing the efforts of officials involved in fighting the pandemic. 

The CM said it was “inevitable” to continue the lockdown for another 15 days. “But for citizens to get essential supplies, there’s no bar on them going by walk alone. Also, we will see to it that agricultural activities are not affected anywhere,” Yediyurappa said.

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coastaldigest.com news network
August 2,2020

Mangaluru, Aug 2: Former Minister and Mangaluru City MLA U T Khader has gone into self-quarantine after former MLC Ivan D’Souza tested positive for coronavirus. 

Mr D’Souza had met Mr Khader and many other Congress leaders a day before receiving his throat swab test results. 

Mr Khader announced on twitter: “Have gone into self-quarantine with immediate effect after receiving the news about #Covid_19 positive test of Former MLC Ivan D’Souza & his wife Dr Kavitha. Being COVID Incharge DK District taskforce committee, I am one among Ivan's primary contact.”

“I am going to discharge my duties from home for the next few days. You can reach out over phone at any point of time. I appeal to all my colleagues and friends who may have come in contact with us in the last few days to get tested for #Covid_19” he tweeted.

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