Dawood Ibrahim's properties in Mumbai to be auctioned today

14 November, 2017, 15:56 | Author: Valerie Burke
  • Dawood Ibrahim

A hotel and a guest house are among three properties of most-wanted terrorist Dawood Ibrahim in south Mumbai to be auctioned today for Rs 11.58 crore.

According to officials, among the three properties of Dawood - which were put on auction on Tuesday -the Rounaq restaurant, also known as Delhi Zaika, was sold for Rs 4.53 crore.

A spokesperson of SBUT said, "Saifee Burhani Upliftment Trust has won the auction for three properties of Dawood Ibrahim". A second property in Damarwala was sold for Rs 3.53 crore while Shabnam Guest House fetched a price of Rs 3.52 crore.

This is unedited, unformatted feed from the Press Trust of India wire. All these three buildings are in a dilapidated condition.

This was done a week after the Thane Police slapped the Maharashtra Control of Organised Crime Act (MCOCA) on Dawood's brother Iqbal Ibrahim Kaskar. He allegedly lived there with this family before leaving the country in 1986. During the previous auction, though, Swami Chakrapani had bought a vehicle belonging to Dawood Ibrahim for Rs 32,000 and set it on fire it on the outskirts of Delhi. The auction of the properties has never been an easy task for the government.

Sources said that the properties are liksely to be auctioned through three methods - the sealed tender, public auction and e-auction. Though the authorities had earlier planned to auction the properties of Dawood in a phased manner, the earlier auctions couldn't clinch much attention of the bidders - apparently due to fear factor.

A private firm was appointed in December 2015 to auction seven properties including four agricultural plots in Daman, Hotel Raunak Afroz, tenancy rights on a flat in Mahavir Building in Matunga.

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