Ancestral Properties Of Dawood Ibrahim Sold In Auction

Two properties belonging to the family members of Dawood Ibrahim in Ratnagiri district in Maharashtra were sold off in an auction on Friday.

The properties were auctioned under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act.

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Two properties had no bids

No bids were received for two of the four properties located at Mumbke village in Khed tehsil of Ratnagiri.

The other two properties received four and three bidders, respectively, and an undisclosed person emerged as the successful bidder for both of them that were sold.

One of the sold properties, an agricultural land measuring 170.98 sqmt, received the highest bid of Rs 2.01 crore against the reserve price of Rs 15,440.

Another agricultural land measuring 1730 sqmt -- fetched the highest bid of Rs 3.28 lakh against the reserve price of Rs 1,56,270.

Dawood's properties auctioned in the past

Earlier in 2020, Dawood's childhood home, along with five other properties in Mumbake village, were auctioned off by SAFEMA.

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Before that, in November 2017, three other prime properties in south Mumbai, comprising rooms, a guest house and a hotel, were sold to various parties.

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Where is Dawood Ibrahim?

Dawood Ibrahim, one of India's most wanted terrorists, is also the mastermind of the 1993 Mumbai serial blasts.

Dawood, who was declared a "Global Terrorist in 2003 by the Indian and United States governments, is believed to be living in Pakistan under the protection of ISI.

Recently, there were widespread rumours on social media that he was admitted to a hospital after being poisoned.

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