Dawood Ibrahim’s properties in Ratnagiri to be auctioned today

10 nov 2020

Dawood Ibrahim’s properties in Ratnagiri to be auctioned today

The equipped authority of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (Safema) will proceed with a closeout of seven land bundles of criminal hoodlum Dawood Ibrahim in his familial town in Ratnagiri locale in Konkan on Tuesday, authorities said. Two flats of Dawood's associate Iqbal Mirchi will likewise be sold, authorities said. Safema's skillful position Harigovind Singh will regulate the bartering. Under Safema, the money service had wanted to sell each of the 13 properties of Dawood in the principal quarter this year. Notwithstanding, the Covid-19 pandemic and the lockdown constrained them to concede the arrangement.

A Safema official said that properties were reviewed by imminent bidders according to method. "Every one of the three methods of offer – e-sell off, public closeout and fixed tenders – would be utilized," he said. Area 68F of Safema engages the position to connect properties of relatives and family members of the criminal. "As the lockdown has antagonistically influenced individuals over all segments monetarily, we don't know what sort of reaction we would get," said another authority. In April 2019, Safema authorities sold a level estimating 600 sq ft at Gordon Hall Apartments in Nagpada, having a place with Dawood's sister Haseena Parkar, for ₹1.80 crore. Parker passed on in 2014 and later her sibling Iqbal Kaskar had come to remain there. In 2018, Safema sold Dawood's property, Amina Mansion, on Pakmodia Street. The held cost of the property was ₹79.43 lakh, and it was won by the Saifee Burhani Upliftment Trust (SBUT) for ₹3.51 crore.