9.1 C
London
Friday, December 20, 2024
HomeIndiaProperties of Dawood Ibrahim auctioned in Maharashtra

Properties of Dawood Ibrahim auctioned in Maharashtra

Related stories

J&K police release list of seized assets used for terrorism

Jammu, Feb 16 : The police in Jammu and...

Israel says 4 mln citizens vaccinated against Covid-19

Jerusalem, Feb 17 : Israeli officials announced that some...

Hungary to receive first shipment of Chinese vaccines

Beijing, Feb 17 : A Hungarian cargo plane loaded...

Mumbai:  At least 6 properties belonging to absconding mafia don Dawood Ibrahim Kaskar in Maharashtra’s Ratnagiri were auctioned for nearly Rs 23 lakh under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (SAFEMA), an official said on Tuesday.
Successful bidders The successful bidders include lawyer Ajay Shrivastava who bought two properties and Supreme Court advocate Bhupendra Bhardwaj who picked up four assets in the scheduled online, offline and sealed tender auction held here.
The smooth auction held on Tuesday – coming after a similar one last year – indicated that the Pakistan-based fugitive don is no longer a much-dreaded criminal here.
A majority of the properties are small constructions – some in a bad shape – on plots of land, situated in Mumbake village in Khed sub-district of Ratnagiri, from where the Kaskar family hailed.
“We got excellent response for the auction. The six properties at Ratnagiri have been successfully sold. Four bids were won by Bhardwaj and two others by Shrivastava,” a beaming Additional Commissioner, SAFEMA, R.N. D’Souza told media persons post-auction.
According to D’Souza, the bids for two of the properties on the block went much above their reserve prices – Rs 1.89 lakh (sold at Rs 5.35 lakh), and Rs 4.30 lakh (sold for Rs 11.20 lakh) – while the other properties went for the base prices.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories