The present invention relates to a method and system for broadcasting a panic alert notification in a communication network comprising a primary user and at least one secondary user. The method comprises the steps of receiving data relating to a panic alert and processing information and geo-location of the primary user. Further, a list of one or more secondary users to be notified of the primary users emergency situation is determined and a broadcast alert message is transmitted to the one or more secondary users. The step of determining a list of one or more secondary users comprises determining a search range criteria in the vicinity of the geo-location of primary user, identifying a list of secondary users within the search range criteria and determining one or more first level and second level secondary users by mapping the list of secondary users with a list of users known to the primary user.