Sunny Deol’s Property to not be Auctioned, Notice Taken Down by Bank

As previously reported, Sunny Deol’s Juhu property was going to be sold at auction in order to pay off debts of Rs 56 crore. The auction notice has since been withdrawn by the Bank, nevertheless.

The recent success of Sunny Deol’s movie Gadar 2 at the box office blew up the industry. He has been vigorously promoting the movie all around the nation for the past few months. However, reports concerning Sunny’s financial difficulties, notably the refusal to pay off outstanding debts totaling Rs 56 crore for his Juhu house, broke yesterday. This circumstance resulted in the probable auction of the property. In a recent turn of events, the Bank of Baroda has chosen to cancel the notice of the auctions for technical reasons.

India Today reports that the Bank of Baroda has retracted the auction notice for Sunny Deol’s Juhu property due to technical issues and has filed a corrigendum to that effect. “Corrigendum to E-Auction Sale Notice dated 19.08.2023 published in The Times of India Mumbai Edition (Pg. 3) dated 20.08.2023 with regards to Sale Notice in respect of Mr. Ajay Sing Deol Alias Mr. Sunny Deol Stands Withdrawn due to Technical Reasons for the Below-Mentioned Property,” the statement reads. Property:All That piece and parcel of land bearing Survey No. 41 Hissa No 5 (Pt) CTS No. 173 of Village Juhu Taluka Andheri Mumbai Suburban Dist, Admeasuring 599.44 Sq Mtrs underneath a structure known as Sunny Villa situated at Gandhigram Road Juhu Mumbai 400049. Bearing New Municipal assessment No. 00121047 situated in registration District and Sub-district of Mumbai Suburban.”

Earlier, the Times of India stated that Sunny’s home, Sunny Villa, in Mumbai’s affluent Juhu neighbourhood, was being put up for auction because of outstanding bills. The Deol family’s office and Sunny Super Sound, a post-production facility, are located on the property. The actor had received notification from the Bank of Baroda that his property would be essentially auctioned off on September 25, 2023, if the unpaid balance of Rs 55,99 crore was not paid. Sunny took out a loan for 55,99,80,766.33 with his father Dharmendra serving as the guarantee. Sunny has not yet responded to this situation in any way.