Sonu Sood mortgaged two shops and six flats in Mumbai to raise Rs 10 crore for the needy

Actor Sonu Sood has mortgaged eight properties in Mumbai to raise funds to help the needy, according to a Money Control report. Sonu’s humanitarian work this year has been lauded by the people across the country and the actor is making sure that his help reaches more and more people.

According to the report, Sonu Sood has mortgaged eight properties in Juhu to raise Rs 10 crore loan. The actor has mortgaged two shops and six flats to raise the amount. According to documents accessed by Money Control, the agreement was signed on September 15 and the registration was done on November 24. A fee of Rs 5 lakh was paid to raise



the loan.

“Such a philanthropic gesture is unheard of. While these premium properties will continue to be owned by the actor and his wife and would continue to receive a monthly rental, they may have to pay interest and principal against the Rs 10 crore loan,” Money Control quoted Senior Director & Head West India, Residential Services, JLL India, Ritesh Mehta as saying.

No confirmation has been received from Sonu Sood regarding this development.

On the work front, Sonu Sood has Akshay Kumar-starrer Prithviraj in the pipeline. The film marks the Bollywood debut of former Miss Universe, Manushi Chhillar.