Entertainment
Bollywood actor Sonu Sood mortgages eight properties in Juhu to raise Rs 10 crore for the needy.
After lending a helping hand to stranded migrant labourers and COVID-19 warriors, 48-year-old engineer-turned actor Sonu Sood, known for his roles in films such as Singh is Kinng, Simmba, and Happy New Year, has once again proved to be a messiah for the needy by mortgaging eight of his Juhu properties to raise a Rs 10 crore loan.
According to registration documents available, 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 agreement was signed on September 15 and was registered on November 24, according to the document accessed by Zapkey.com.
As per the documents, a registration fee of Rs 5 lakh was paid to raise the Rs 10 crore loan.
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.
Real estate experts point out that this is a loan raised against property and typically attracts an interest of 12-15 percent per annum, which is higher than a housing loan. The actor would also have to service both the interest and principal on this loan. Such loans are generally for a 10-15 year period.
The actor had earlier shot into the limelight for providing meals to the underprivileged and offering transport facilities to stranded labourers to return to their hometowns after the lockdown. A toll-free helpline number was put in place by him for migrant workers to send in their requests.
He had also helped some of them get home by arranging buses and trains and even organised air tickets for them.
Sood had funded a chartered flight operated by AirAsia India to help fly over 170 migrant workers to Dehradun in Uttarakhand from Mumbai. Earlier, he had arranged a special chartered flight for 167 migrant workers stuck in Kerala to help them reach their homes in Odisha.
The actor had also donated personal protective equipment (PPE) to frontline healthcare personnel. Sood had reportedly given away 1,500 PPE kits to paramedics across Punjab, and also donated 25,000 face shields to police officers in Maharashtra.
He had also helped organise a chartered flight for a group of Indian students stranded in Kyrgyzstan. About 135 students safely landed in the Lal Bahadur Shastri International Airport (Varanasi) in July this year.
The actor has been conferred with the prestigious SDG Special Humanitarian Action Award by the United Nations Development Programme (UNDP) for his efforts.
International online casino Casino Days has published a report sharing their internal data on what types and brands of devices are used to play on the platform by users from the South Asian region.
Such aggregate data analyses allow the operator to optimise their website for the brands and models of devices people are actually using.
The insights gained through the research also help Casino Days tailor their services based on the better understanding of their clients and their needs.
Desktops and Tablets Lose the Battle vs Mobile
The primary data samples analysed by Casino Days reveal that mobile connections dominate the market in South Asia and are responsible for a whopping 96.6% of gaming sessions, while computers and tablets have negligible shares of 2.9% and 0.5% respectively.
The authors of the study point out that historically, playing online casino was exclusively done on computers, and attribute thе major shift to mobile that has unfolded over time to the wide spread of cheaper smartphones and mobile data plans in South Asia.
“Some of the reasons behind this massive difference in device type are affordability, technical advantages, as well as cheaper and more obtainable internet plans for mobiles than those for computers,” the researchers comment.
Xiaomi and Vivo Outperform Samsung, Apple Way Down in Rankings
Chinese brands Xiaomi and Vivo were used by 21.9% and 20.79% of Casino Days players from South Asia respectively, and together with the positioned in third place with a 18.1% share South Korean brand Samsung dominate the market among real money gamers in the region.
Cupertino, California-based Apple is way down in seventh with a user share of just 2.29%, overshadowed by Chinese brands Realme (11.43%), OPPO (11.23%), and OnePlus (4.07%).
Huawei is at the very bottom of the chart with a tiny share just below the single percent mark, trailing behind mobile devices by Motorola, Google, and Infinix.
The data on actual phone usage provided by Casino Days, even though limited to the gaming parts of the population of South Asia, paints a different picture from global statistics on smartphone shipments by vendors.
Apple and Samsung have been sharing the worldwide lead for over a decade, while current regional leader Xiaomi secured their third position globally just a couple of years ago.
Striking Android Dominance among South Asian Real Money Gaming Communities
The shifted market share patterns of the world’s top smartphone brands in South Asia observed by the Casino Days research paper reveal a striking dominance of Android devices at the expense of iOS-powered phones.
On the global level, Android enjoys a comfortable lead with a sizable 68.79% share which grows to nearly 79% when we look at the whole continent of Asia. The data on South Asian real money gaming communities suggests that Android’s dominance grows even higher and is north of the 90% mark.
Among the major factors behind these figures, the authors of the study point to the relative affordability of and greater availability of Android devices in the region, especially when manufactured locally in countries like India and Vietnam.
“And, with influencers and tech reviews putting emphasis on Android devices, the choice of mobile phone brand and OS becomes easy; Android has a much wider range of products and caters to the Asian online casino market in ways that Apple can’t due to technical limitations,” the researchers add.
The far better integration achieved by Google Pay compared to its counterpart Apple Pay has also played a crucial role in shaping the existing smartphone market trends.
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