Six Of Dawood Ibrahim’s Properties in Mumbai and Aurangabad on Auction

India.com News Desk
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Dawood Ibrahim’s Properties in Mumbai to be Auctioned Today

The three properties belonging to Dawood Ibrahim which will be auctioned on Tuesday have been identified as - Ronak Afroz Restaurant, Damarwala Building and Shabnam Guest House.

Mumbai, October 18: Almost a month after Thane Crime Branch’s Anti Extortion Cell arrested Dawood Ibrahim’s brother Iqbal Kaskar in an alleged extortion case, the ministry of finance today issued an auction notice seeking bids for six properties belonging to the underworld don in Mumbai and Aurangabad.

This is the part of the government’s continuing efforts to curb Dawood Ibrahim’s operation in India.

The properties include flat number 18-20, 25,26 and 28 of the Damarwala Building and houses 34-40 on Pakmodia Street and Yakub Street, where Iqbal Kaskar and his late sister Haseena Parkar used to reside.

Another property listed by the Finance Ministry is the Shabnam Guest House, a double-storied building on Yakub Street with a reserve price of Rs 1.21 crore.

Hotel Raunaq Afroz on Pakmodia Street will be set for auction at a reserved price of s 1.18 crore and put it under the hammer along with seven other properties in 2015.

A former journalist in 2015 raised the highest bid of Rs 4.28 crore but was unable to deposit the sum in the requisite time frame.

Earlier in September, Iqbal was asked to vacate the two dilapidated structures in Mumbai on the grounds it was illegally acquired. A notice was also pasted outside the Damarwala building.

Dawood Ibrahim is one of the main accused in the 1993 serial bomb blast case in Mumbai. The British government had also called to freeze his assets in the United Kingdom.