The central government-owned mortgage lender Financial institution of Baroda (BOB) has put Gadar 2 actor Sunny Deol’s Mumbai property on e-auction for failing to pay again a mortgage of about Rs 56 crore and curiosity on that.
Within the newspaper commercial, that has been broadly circulated on social media, the financial institution has mentioned borrower Ajay Sing Deol alias Sunny Deol owes the financial institution about Rs 55.99 crore plus curiosity and price from December 26 onwards much less restoration upto date.
The newspaper commercial used the actor’s actual identify, Ajay Sing Deol.
In response to the financial institution, the property that’s placed on e-auction measures 599.44 sq. metres and a construction generally known as Sunny Villa positioned in Mumbai’s Juhu locality.
Sunny Deol is described because the borrower/guarantor and the opposite guarantors are Dharmendra Singh Deol and Sunny Sounds Pvt Ltd.The financial institution is auctioning the property beneath the Securitisation and Reconstruction of Monetary Belongings and Enforcement of Safety Curiosity Act, 2022.The reserve worth is about Rs.51.43 crore and the earnest cash deposit is fastened at about Rs 5.14 crore.In response to BOB, the property will be inspected between 11 a.m. and 1 p.m. on September 14 and the standing of the possession is symbolic.
The financial institution additionally mentioned the debtors/guarantors can redeem the securities by paying the excellent dues/prices/prices and bills at any time earlier than the sale is performed.
The public sale discover was issued by BOB’s Zonal Careworn Asset Restoration Department, Ballard Property, Mumbai.
Just lately, Sunny Deol has been a part of the blockbuster film Gadar 2.
Deol with Ameesha Patel starrer ‘Gadar 2’ has been making waves on the Indian field workplace, and now the film has achieved one other outstanding feat by surpassing the Rs 300 crore milestone inside simply eight days since its launch.
(With IANS inputs)