Childhood home of Dawood Ibrahim to be auctioned in Mumbai on Friday

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MUMBAI: Four properties in Khed taluka in Ratnagiri district which are in the name of fugitive terrorist Dawood Ibrahim‘s mother Amina Bi will be auctioned by authorities on Friday. All the four properties are agricultural and are located in Khed’s Mumbake village, where Dawood and his siblings spent some part of their childhood.
The auction, which will take place in Mumbai, will be carried out by the competent authority and administrator of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act or Safema, which is under the Union ministry of finance.
In the past nine years, 11 properties belonging to Dawood or his kin have already been auctioned by the Safema authorities. The four properties to be auctioned now have a total reserve price of Rs 19.2 lakh. The first property has an area of 10,420.5 sq m (reserve price Rs 9.4 lakh), the second is 8,953 sq m (reserve price Rs 8 lakh), the third is around 171 sq m (reserve price Rs 15,440) and the fourth property has an area of 1,730 sq m (reserve price Rs 1.5 lakh).
The auction will be held in three modes – e-auction, public auction and tender in sealed envelope – simultaneously under supervision of the Safema competent authority.
The four properties were confiscated by the authorities years ago and are being sold on ‘as is where is’ and ‘as is what is’ basis, according to Safema authorities. It will be the responsibility of the successful bidder to get the property transferred in his/her/their name, they said. Bidders have been instructed to submit a separate earnest money deposit for each mode of auction, and the last date of submission of ‘participation form’ is January 3, Wednesday (till 4pm).
Earlier, there were reports that Dawood had been allegedly poisoned in Pakistan, but his close aide Chhota Shakeel had rubbished the reports.

(The following story may or may not have been edited by NEUSCORP.COM and was generated automatically from a Syndicated Feed. NEUSCORP.COM also bears no responsibility or liability for the content.)

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