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