"Dawood Ibrahim's Properties Attract Bidders in Multi-Crore Auction Event"

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Source: IndiaTimes
"Dawood Ibrahim's Properties Attract Bidders in Multi-Crore Auction Event"
Photo: IndiaTimes
TL;DR Summary

Two of the four properties owned by the family of Dawood Ibrahim, a notorious underworld figure and key accused in the 1993 Mumbai serial blasts, were successfully auctioned in Mumbai. The properties, which were under the name of Ibrahim's mother, were sold under the Safema act. One piece of agricultural land, with a base price of Rs 15,440, fetched a bid of Rs 2.01 crore, while another parcel of land sold for Rs 3.28 lakh, surpassing its reserve price. The identity of the successful bidder, reportedly a Delhi-based lawyer, was not disclosed. This follows previous auctions of Ibrahim's properties in 2017 and 2020.

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