Rajinikanth’s Property for Auction
Posted: 12/27/2014 12:25 PM IST
Superstar Rajinikanth who has terrific craze from North to South has his movies released in all the languages. There are rumors that Rajini has been charging a whopping amount of Rs 50 crore for his films because of his extended market in various languages. The latest news is that Rajinikanth’s property has been kept for auction due to the nonpayment of the debts for Exim Bank. Media One Global Entertainments owned by Latha Rajinikanth has taken a loan of Rs 20 crore during the shoot of Kochadaiiyaan.
Along with the interests, the amount has reached Rs 22.21 crores which has been due in July 2014. The bank has issued a notice to the borrower and the public that the property has been taken into possession. The property has been owned by Rajinikanth and is located in Kanchipuram, Tamil Nadu. Media One Global Entertainments has produced Kochadaiiyaan starring Rajinikanth in an animated role and the movie ended as a disaster. It has been directed by Soundarya Rajinikanth. Let’s wait to see if Rajinikanth clears the debts and owns his property back.
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