If you even dreamt of dwelling next to mythical actor Amitabh Bachchan, then this is no longer a pipe dream. However, there's a hefty price involved with it. Big B's famous house in Mumbai, Jalsa, is placed in the plush region of Juhu. Now, a bungalow close to his Jalsa house will be auctioned by way of Deutsche Bank, which has placed the belongings below public sale with a reserve fee of Rs 25 crore.
More deets approximately the bungalow beneath public sale
The property underneath public sale has a total region of over 3,000 square feet, consisting of 1,164 square toes of carpet vicinity and a couple of,one hundred seventy five square feet of open area, Money Control stated quoting public note issued through Deutsche Bank. 

The bank is auctioning the bungalow underneath the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI) of 2002. 

The document additionally states that the financial institution had despatched a demand be aware in April 2022, calling upon the borrowers and co-debtors Seven Star Satellite Pvt Ltd at the side of others to repay the wonderful amount. 

However, the debtors and co-debtors did not pay off the remarkable amount of Rs 12.89 crore inside 60 days and the bank has undertaken ownership of assets mortgaged with it. 

Now, the reserve fee of the bungalow underneath public sale is Rs 25 crore and the EMD (Earnest Money Deposit) amount is Rs 2.Five crore. The date of the public sale is March 27, 2024. 

For the unversed, if you take part in an public sale, one need to not blindly consider the financial institution's phrase. If anyone claims to very own your new assets, the bank may not assist you in such case.