Three Dawood Ibrahim properties up for auction again today

Three Dawood Ibrahim properties up for auction again today

Interpol Most wanted Underworld Don Dawood Ibrahim's three properties were sold on Monday in the auction and won by the Saifee Burhani Upliftment Trust (SBUT). If sources are to be believed, the property was bought in name of Dawood's first wife Mehjabeen.

The auction was conducted by the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 by the Ministry of Finance. Another property in Dhamarwala was sold for Rs 3.53 crore and the third one - Shabnam Guest House - was auctioned at Rs 3.52 crore. The Creaky building is not safe for the people living around them SBUT participated in the auction says the spokesperson.

The trust, run by the Bohra community, won bids for the three properties which includes two residences - six rooms of the Damarwala building and the Shabnam guest house - and a restaurant in Bhendi Bazaar named Hotel Raunaq Afroz (also known as Delhi Zaika).

Dawood Ibrahim is the mastermind of the 1993 Mumbai serial blasts in which 257 were killed.

Ibrahim's close aide, Kaskar, after being released from jail was staying in this building and conducting operations of D Company. This time Authorities have done the bidding in the phased manner. Chakrapani had also expressed his eagerness to acquire the Rounaq Afroz - to build a public toilet in the area under the Prime Minister's Swachh Bharat Mission. It has increased the caution money from Rs 15,000 to Rs 1 lakh for three properties and said if someone creates a ruckus, the amount will be forfeited.

According to the Newspaper, The earnest money for the properties are Rs 48.58 lakh, Rs 62.40 and Rs 23.72 lakh."All the three properties fall within the ambit of Bhendi Bazaar redevelopment that is being carried out by us".

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