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  • Bank to auction Sunny Deol's luxurious villa in Mumbai to recover Rs 56 crore loan, deets here

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    Bank to auction Sunny Deol's luxurious villa in Mumbai to recover Rs 56 crore loan, deets here
    Sunny Villa is the name of the property that will be put up for sale, and it is situated on Gandhigram Road in Juhu...

    Digital Desk: The Bank of Baroda is auctioning off actor Sunny Deol's luxurious Mumbai villa, which is situated in western Mumbai's Juhu area, in order to recover a loan given to the actor. The loan is for approximately Rs. 56 crore. The bank is also attempting to recover interest levied on the loan.

    cIt makes reference to the 'Gadar 2' star's real name, Ajay Singh Deol, the name of his Juhu villa, Sunny Villa, and other loan information. In order to secure the loan from the Bank of Baroda, Sunny Deol identified his brother Bobby Deol, who is known as Vijay Singh Deol, their father Dharmendra Singh Deol, and Sunny Deol's business Sunny Sounds Pvt. Ltd. as guarantors and corporate guarantors.

    Sunny Villa is the name of the property that will be put up for sale, and it is situated on Gandhigram Road in Juhu. The surrounding land is being auctioned to pay back debts. This land, which has an area of 599.44 m2, is situated on a plot of land with survey number 41 Hissa no. 5 (pt) CTS no. 173 in the village of Juhu Taluka Andheri, Mumbai Suburban District.

    The auction's reserve price set by the bank is Rs 51.43 crore, and the earnest money deposit is around Rs 5.14 crore. The auction's bid increase is around Rs 10 lakh.

    Sunny Deol's representative responded to the matter and stated, "We are in the process of resolving this issue, and soon the issue will be resolved. We request no further speculation on the same."
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