Dawood Ibrahim’s property sold at Rs. 2 crores

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Dawood Ibrahim designated as a “Global Terrorist” by the United Nations listed under the Fourth Schedule of the UAPA Act, 1967, runs an international terrorist network, namely D-Company.

Two properties belonging to the family members of fugitive gangster Dawood Ibrahim were sold off on Friday at an auction organised by the competent authority under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (SAFEMA). To subscribe please click tau.id/2iy6f and access our live channel.

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According to a news agency, a total of four properties, located at Mumbke village in Khed tehsil of coastal Ratnagiri district in Maharashtra, were available at the auction in the office of the Income-Tax department at Churchgate. but no bids were received for two of them.

Four properties belonging to the India’s most wanted gangster were put up for public but only two – land parcels measuring 170.98 sq mtrs and 1,730 sq mtrs, located at Mumbke village in Ratnagiri district – were sold in the auction.

It was the smaller plot that fetched ₹2.01 crores, against the reserved price of just ₹15,440, while the larger property was sold for ₹3.28 lakh against the reserve price of ₹1.56 lakh. Two other properties remained unsold.

A lawyer from Delhi, Ajay Shrivastava, purchased two ancestral properties belonging to fugitive gangster Dawood Ibrahim Kaskar’s family. Shrivastava, who earlier purchased another land parcel belonging to the gangster’s family in an earlier auction, said he wanted to start a Sanatana Dharma School at the properties.

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