Sunny Deol of 'Gadar-2' did not pay the loan, now Juhu bungalow will be auctioned - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News


Sunday, August 20, 2023

Sunny Deol of 'Gadar-2' did not pay the loan, now Juhu bungalow will be auctioned

'Gadar-2' actor Sunny Deol has an old loan outstanding. Due to not being able to pay this amount of 56 crores, now his Mumbai Juhu bungalow is going to be auctioned.

The star of 'Gadar-2' Tara Singh i.e. Sunny Deol is very high these days. His film is making new records of earning, but Sunny Deol has an old loan of Rs 56 crore, which he has not been able to repay. That's why now his bungalow located in Juhu, Mumbai is going to be auctioned.

Sunny Deol had taken this loan from the government sector 'Bank of Baroda'. He had taken a loan of Rs 56 crore by mortgaging the property. Now the bank has put his Juhu bungalow for e-auction to recover the principal and interest of the loan.

Advertisement going viral on social media

A newspaper advertisement in this regard is also going viral on social media. In this, it has been said on behalf of Bank of Baroda that the borrower Ajay Singh Deol alias Sunny Deol owes Rs 55.99 crore to the bank and interest on it. It has not recovered since 26 December 2022. Sunny Deol's real name is written in this advertisement.

Bank will auction the bungalow

In a news report of the agency, it has been said that 'Sunny Villa' located in Juhu area of ​​Mumbai has been put up for e-auction. This bungalow is spread over 599.44 square meters. Sunny Deol has been declared a debtor by the bank. While his guarantee has been given by Dharmendra Singh Deol and Sunny Sounds Private Limited.

The bank says that it is going to auction this bungalow under the SARFAESI Act. Its reserve price has been kept at Rs 51.43 crore. At the same time, it has been said to deposit about Rs 5.14 crore to participate in the auction.

Can visit on 14 September

It has been said by Bank of Baroda that before the auction, interested customers can visit this bungalow on September 14 between 11 am to 1 pm. However, it has also been clarified by the bank that if the borrower pays all the dues and fees etc. before the auction of the bungalow, then he can get back the property papers kept as a guarantee.

On the one hand, the bungalow is being auctioned due to non-payment of Sunny Deol's loan. On the other hand, his new film 'Gadar-2' is making money at the box office. His film has crossed the Rs 300 crore mark in just 8 days.

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