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Dawood’s properties up for grabs: Here are the 6 set to be auctioned

By Vicky

The government has decided to re-auction the properties of Dawood Ibrahim in November. These would include those properties which could not be auctioned in 2015.

Dawood Ibrahim

The government issued an advertisement about the auction which would take place in Mumbai and Hyderabad. It includes the known 'Pakmodia Street' residence of the fugitive gangster.

The list of properties that are set to be auctioned includes a two-storied building 'Shabnam Guest House' at Yakub Street in Bhendi Bazar, Hotel Raunak Afroz located on Pakmodia Street along with his childhood residence at Damarwala building on Pakmodia Street.

The three other properties, which figure in the advertisement, include a flat in Pearl Harbour CHS at Mazgaon, 600 square meter plot at Paithan in Aurangabad and tenancy rights of a room at Dadriwala Chawl at Maulana Shaukat Ali road. All the six properties have a reserve price worth Rs 26.36 lakh.

In 2015, Hotel Rounak Afroz had gone under the hammer for 4.28 crore. However, the bidder could not arrange the bid amount then. A junked car was also auctioned for 32,000, which was later set ablaze and disposed off.

The family advocate Shyam Keswani said that it may be happening, but I am not aware of it.

The tender advertisement stated that the sealed tenders in the prescribed tender form must reach the office of the competent authority, SAFEMA on or before November 10 by 4pm. Public auction participation form along with the EMD and refundable caution money deposit (CMD) of 15,000.

The properties can be inspected from 11am to 1pm on November 7 for those located in Mumbai, whereas, those located in Aurangabad can be inspected on October 31 stated the tender advertisement.

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