Maharashtra Govt to auction Dawood Ibrahim’s properties in Mumbai, Ratnagiri

Dawood Ibrahim. [File Photo]

Mumbai: The properties of fugitive designated global don Dawood Ibrahim in Maharashtra’s Mumbai and Ratnagiri will be auctioned off on January 5, 2024, according to the Free Press Journal.

The four properties, including bungalows and mango orchards in Khed Taluka of Ratnagiri, were seized under the Smugglers and Foreign Exchange Manipulators Act (SAFEMA). Govt previously identified and auctioned several properties of Dawood’s family, the report said.

The government has previously identified and auctioned several properties belonging to Dawood Ibrahim’s family, including a restaurant sold for Rs4.53 crore, six flats sold for Rs3.53 crore, and a guest house that fetched Rs3.52 crore.

In December 2020, Dawood Ibrahim’s assets in Ratnagiri were auctioned for Rs1.10 crore, including two plots and a defunct petrol pump. These properties in Lote village of Khed Taluka were registered in the name of Dawood’s late sister, Haseena Parkar.

According to the report, a 600 sq ft flat in Nagpada was auctioned in April 2019 for Rs1.80 crore. In 2018, SAFEMA officials had auctioned Dawood’s property at Pakmodia Street with a reserved price of RS79.43 lakh, which was bought by the Saifee Burhani Upliftment Trust (SBUT) for Rs3.51 crore.

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