Another Attempt to Auction Dawood Ibrahim’s Maharashtra Properties
The property were put on auction before, but none were bought due to fear of reprisals from Dawood.
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The Centre has issued advertisements inviting bids for six properties belonging to mafia don Dawood Ibrahim Kaskar in south Mumbai and Aurangabad, to be auctioned publicly on e-auction on 14 November.
The properties owned by Dawood and his family, which were acquired by the government after the March 1993 Mumbai serial bomb blasts, have been put up for auction at least thrice in the past.
However, none of them could be auctioned off due to fear of reprisals from Dawood, who is now in Pakistan, according to revelations by his brother Iqbal Ibrahim Kaskar, who was arrested last month by Thane police in an extortion case.
The properties include Damarwala Building’s room numbers 18-20, 25, 26, 28, and 34-40 tenanted properties on Pakmodia Street and Yakub Street, for a reserve price of Rs 1,55,76,000.
The next is the two-storied Shabnam Guest House on Yakub Street with a reserve price of Rs 1,21,43,000.
The other major property is Hotel Raunaq Afroz on Pakmodia, with a reserve price of Rs 1,18,63,000, which was once earlier bid for Rs 4.28 crore but the sale could not be completed.
Another is a factory plot in Paithan MIDC in Aurangabad with a reserve price of only Rs 1,02,000.
The earnest money deposits for the premises on the auction block range from a minimum of Rs 26,000 (Aurangabad property) to Rs 62,30,400 for the Damarwala Building.
The auction of all the properties on 'as is where is' basis is scheduled for 14 November at the Indian Merchant Chamber at Churchgate.
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