Gulte News
Amidst the jubilation of his film’s triumphant crossing of the three hundred crore mark in a mere nine days, the protagonist of Gadar 2, Sunny Deol, finds himself facing a contrasting situation – one that involves a property auction due to financial obligations, as detailed in a Mumbai report.
The Bank of Baroda recently released an advertisement in the Times of India, revealing that Sunny Deol’s own property, Sunny Villa, situated in the upscale Juhu area of Mumbai, is set to undergo an online auction due to unpaid dues. The accumulated sum, inclusive of interest, has soared to 56 crores.
The notice, issued under Sunny Deol’s birth name, Ajay Singh Deol, specifies a deadline of September 25 for debt settlement. Should he fail to meet the obligation within this timeframe, the auctioneer will gain authority through the District Magistrate. However, legal procedures of this nature often extend over several months, and in some cases, even years.
Sunny Villa encompasses a preview theater and two post-production suites, standing as a renowned studio within Bollywood circles. Its significance dates back to the 1980s, hosting numerous media press events over the years.
Sunny Deol initially acquired the property for his 2016 self-directed venture, Ghayal Once Again. Regrettably, the film yielded disastrous results and inflicted substantial losses. Despite his best efforts, he was unable to meet the bank’s deadline for repayment. However, the current situation contrasts; producers are keenly pursuing collaborations with Sunny Deol for the anticipated success of Ghadar 2. Furthermore, considering that this property isn’t his sole asset, a resolution seems plausible.
While celebrated as star heroes, individuals in the industry are not immune to setbacks. A single misstep can lead to the unexpected scenario of having to address financial challenges through newspaper advertisements.
