Sonu Sood mortgages two shops, six flats to raise Rs 10 crore for the needy

Bollywood actor Sonu Sood in order to help the needy has mortgaged eight of his Juhu properties to raise a Rs 10 crore loan.

The actor has mortgaged two shops located on the ground floor and six flats in the Shiv Sagar CGHS in Juhu. The building is located along AB Nayar Road, near Iskcon Temple in Mumbai.

The flats include one unit each from the first to the sixth floor of the building. The lender is Standard Chartered Bank.

The properties are jointly owned by Sonu Sood and his wife Sonali and have now been mortgaged in favour of Standard Chartered Bank. A response on queries about the development is awaited from the actor.

The actor had lend a helping hand to stranded migrant labourers and COVID-19 warriors during the coronavirus lockdown period.