India: Terrorist Dawood Ibrahim’s Mumbai, Ratnagiri properties set for auction in January 2024

Fugitive designated world terrorist Dawood Ibrahim’s benami properties in Maharashtra’s Mumbai and Ratnagiri are set to be auctioned on January 5, 2024.

The 4 properties, together with bungalows and mango orchards in Khed Taluka of Ratnagiri, had been seized underneath the Smugglers and Foreign Exchange Manipulators Act (SAFEMA).

Govt beforehand recognized & auctioned a number of properties of Dawood’s household

The authorities has beforehand recognized and auctioned a number of properties belonging to Dawood Ibrahim’s household, together with a restaurant, which was bought for ₹4.53 crore (USD 543 thousand), six flats bought for ₹3.53 crore (USD 423 thousand), and a visitor home that fetched ₹3.52 crore (USD 422 thousand).

In December 2020, Dawood Ibrahim’s property in Ratnagiri had been auctioned for ₹1.10 crore (USD 131 thousand), together with two plots and a defunct petrol pump. These properties in Lote village of Khed Taluka had been registered in the identify of Dawood’s late sister, Haseena Parkar.

A 600 sq toes flat in Nagpada was auctioned in April 2019

A 600 sq toes flat in Nagpada was auctioned in April 2019 for ₹1.80 crore (USD 215 thousand). In 2018, SAFEMA officers had auctioned Dawood’s property at Pakmodia Street with a reserved worth of ₹79.43 lakh, which was purchased by the Saifee Burhani Upliftment Trust (SBUT) for ₹3.51 crore (USD 421 thousand).

(The article is printed underneath a mutual content material partnership association betweenThe Free Press JournalandConnected to India)