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Was Virat Kohli lied about his 80 crore house? Now his brother Vikas responded

Virat Kohli has handed over the General Power of Attorney (GPA) for his bungalow in Gurugram to his elder brother Vikas Kohli
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Virat Kohli Property: Before leaving for the Australia tour, Team India's legendary batsman Virat Kohli took a step that surprised everyone. He handed over the General Power of Attorney (GPA) for his luxurious bungalow in DLF City Phase 1, Gurugram, to his elder brother Vikas Kohli. A rumor also spread that Virat had transferred the bungalow to his brother's name. However, his elder brother has put an end to these rumors with a significant statement.

This luxurious property, located in DLF City Phase 1, is estimated to be worth approximately ₹80 crore. During this, Vikas Kohli made a significant statement.

What did Vikas Kohli say?

Amidst the rumors surrounding this bungalow in Gurugram, Vikas Kohli made a significant statement on Instagram. He wrote, "I'm not surprised by the spread of so much misinformation and fake news these days. Some people are so free and have plenty of time to do this. Best wishes to you all."

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Vikas Kohli, through this post, has given a befitting reply to those who alleged that Virat Kohli had transferred his 80 crore rupee bungalow to his brother. Now, Vikas Kohli has given his side of the story.

What is the whole matter?

Former Indian captain Virat Kohli has handed over the responsibility of his luxurious bungalow in Gurugram to his elder brother, Vikas Kohli. For this, he has created a legal document called a power of attorney.

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Virat Kohli lives in London with his wife Anushka Sharma and children, so he is unable to frequently visit India to attend to his property matters. For this reason, he gave his brother authority through a power of attorney so that he can easily handle all the work related to his property. However, some people twisted this matter, after which Vikas Kohli has given them a befitting reply.

What is a power of attorney?

A power of attorney is a legal document in which a person (called the principal) authorizes another person (called the agent or attorney) to perform specific or general tasks on their behalf. This authority may relate to property, banking, or any other legal function.

When the principal grants a power of attorney, the agent has full authority to manage the property or business, just as the principal would. This means that decisions made by the agent are binding on the principal.

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