Fugitive gangster Dawood Ibrahim’s three properties auctioned in Mumbai

By | November 14, 2017


Written by Rashmi Rajput
| Mumbai |
Revealed:November 14, 2017 12:52 pm


Dawood Ibrahim, Dawood properties, Dawood asset auctioned, India news, SAFEMA, NDPS, Indian Express A file picture of fugitive gangster Dawood Ibrahim

Three properties belonging to fugitive gangster Dawood Ibrahim have gone underneath the hammer in an public sale held by the Smugglers and Overseas Alternate Manipulators (Forfeiture of Property) (SAFEMA). On Tuesday round a dozen of bidders turned up on the public sale venue at Churchgate in South Mumbai.

The south-Mumbai workplace of SAFEMA had been flooded with queries from potential patrons who deliberate to bid for the three properties of the fugitive gangster, Dawood Ibrahim which are being auctioned on Tuesday. Amongst these bidding are the Hindu Maha Sabha and a counsel of the Supreme Court docket.

Final week, officers of SAFEMA organized for a bodily inspection of the three premises. The potential bidders have been allowed to look at the properties up on the market between 11 a.m and 1 pm.

Up for grabs are- six flats in Damarwala constructing (Room no- 18-20, 25, 26 and 28), Lodge Raunaq Afroz on 33 Pakmodia Road and Shabnam Visitor Home at Bhendi Bazar, the final recognized addresses of Dawood Ibrahim. The primary and the third-floor residences in Damarwala constructing is Dawood’s ancestral property, the place he stayed together with his household earlier than fleeing the nation in 1986.

Whereas his brothers additionally escaped together with him, his mom Aminabai stayed again. After her demise, the primary ground was given away to a madrasa the place younger Muslim ladies are imparted Quran classes and in addition taught tailoring. The nook of the property nonetheless has some previous furnishings that used to as soon as adorn Dawood’s Rounaq Afroz resort. After Iqbal was deported to Mumbai and began staying in Dambarwala, he closed down the madrasa and used it as his ‘workplace area’.
Nevertheless, he shifted to Gordon Corridor in Nagpada, belonging to his slain sister, Haseena Parkar after the latest Bhendi Bazar constructing collapse. In September, he was arrested by the Thane Police in an extortion case and since then has been in police custody. Lodge Raunaq Afroz now generally known as Delhi Zaika was one of many first properties bought by Dawood when he took management of the smuggling enterprise from his mentor, Haji Mastan. Shabnam Guesthouse, a double-storey construction in Yakub avenue which was occupied by Dawood’s youthful siblings- Haseena and Iqbal.

In January this 12 months, the Appellate Tribunal for Forfeited Property had cleared the Authorities’s transfer to takeover Dawood two properties (Shabnam Visitor Home and Damarwala constructing) underneath the provisions of SAFEMA dismissing 27 appeals of individuals claiming to be “long run tenants” on the Dambarwala Constructing and Shabnam Guesthouse in Mumbai.

The Workplace of Competent Authority and Administrator, SAFEMA/ NDPS, Mumbai has reserved the worth of the six flats in Damarwala constructing at Rs 1.55 crore and of resort Raunaq Afroz at Rs 1.18 crore. Whereas the earnest cash deposit for Damarwala has been stored at Rs 62.30 lakh, that of Lodge Raunaq has been pegged at Rs 23.72 lakh. The reserve worth of Shabnam Guesthouse is Rs 1.21 crore and the EMD at Rs. 48.57 lakh.

These properties might be auctioned on November 14. “ Every property could be offered to the best bid/bidder amongst all of the three strategies, supplied the best bid is the same as greater than the Reserve Value. The Competent Authority is the only real authority and reserves the precise to withdraw any property from the sale course of or to reject any bid, together with the best bid, at any time, even after the public sale proceedings are over, with out assigning any purpose thereof,” in accordance with a public discover.

In the meantime, safety stays a priority for each the organisers and people bidding for the properties. “We all know that we’re being watched. In 2015. after we carried out the public sale there have been intelligence inputs that the D-gang was watching our each transfer. Whereas the public sale failed however that has not deterred us and we have now determined to place three of his properties underneath the hammer,” stated a senior official from the Division of Income who spoke on the situation of anonymity.

Talking at an earlier event, Advocate Upendrakumar Bhardwaj, a resident of Delhi who was collaborating within the public sale, stated he would take financial institution loans to fund the public sale. “I’m excited about shopping for the resort and for that, I’m taking loans. I’m assured of funding the bid by means of financial institution loans,” Bhardwaj informed The Indian Specific. “I need to ship a message to the fugitive gangster that we no extra stay in his worry by shopping for his property,” added Bhardwaj. He was one of many bidders who inspected the properties final week. “The discover talked about that we might bodily examine the premises on Tuesday and due to this fact I inspected it,” added Bhardwaj.

In December 2015, the Authorities had appointed a non-public agency to conduct the public sale underneath the Smugglers and Overseas Alternate Manipulators (Forfeiture of Properties) Act, 1976. Seven properties together with 4 agricultural plots in Daman, Lodge Rounaq Afroz, tenancy rights on a flat in Mahavir constructing in Matunga have been put up for public sale.

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