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BREAKING NEWS

Fresh attempt to auction mafia don Dawood properties

18 Oct 2017

Mumbai Oct 18 (IANS) The Centre has issued advertisements inviting bids for six properties belonging to absconder mafia don Dawood Ibrahim Kaskar in south Mumbai and Aurangabad to be auctioned publicly on e-auction on November 14.



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 the fugitive don who is now living in Pakistan as per the latest revelations by his sibling Iqbal Ibrahim Kaskar who was arrested last month by Thane police in extortion cases.

The properties include: Damarwala Building Room nos. 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.

Two other properties are flat No. 602 in Pearl Harbour Society in Mazagaon reserve price of Rs 92 69 000 and a tenancy Room No. 2 in Dadriwala Chawl on Maulana Shaukat Ali Road reserve price of Rs 65 90 000.

Another is a factory plot in Paithan MIDC in Aurangabad with a reserve price of only Rs 102 000.

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 November 14 10 a.m. at the Indian Merchant Chamber at Churchgate.

--IANS
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