Tuesday, October 3, 2023

Bank Puts ‘Gadar 2’ Hero Sunny Deol’s Bungalow on Sale to Recover INR 56 Crores Due Amount

Bank of Baroda has canceled an auction notice for actor and BJP MP Sunny Deol’s house in Juhu, Mumbai, because of technical issues. The bank, owned by the government, announced this on Sunday, saying that the online auction for the property owned by Mr. Sunny Deol, also known as Mr. Ajay Singh Deol, won’t happen due to these technical problems.

The auction was initially planned to start at ₹51.43 crore, with a minimum bid of ₹5.14 crore. The property, called Sunny Villa, and a company linked to the Deol family called Sunny Sounds were supposed to be auctioned.

Sunny Sounds is linked to a loan, and Dharmendra, Sunny Deol’s father, is connected to the loan too.

The bank’s notice on Sunday also said that the Deol family still has a chance to pay back their debt to the bank and stop the auction. If the auction happens, it would follow the rules of the SARFAESI Act of 2002.

After the bank suddenly canceled the auction, Jairam Ramesh from the Congress party questioned why Bank of Baroda changed its decision so quickly. He used Twitter to share his concerns, saying, “Yesterday, we heard that Bank of Baroda planned to auction BJP MP Sunny Deol’s Juhu house because of a debt of ₹56 crore.

Today, in less than a day, we hear that the bank canceled the auction because of ‘technical reasons.’ It makes you wonder who caused these ‘technical reasons’?”

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