In the past nine years, 11 properties belonging to Dawood Ibrahim or his family have been auctioned.
Terrorist Dawood Ibrahim’s childhood home and three other properties owned by his family in Maharashtra’s Ratnagiri will be auctioned on Friday. All four properties are agricultural and located in Mumbake village, according to Times of India.
The properties were seized by authorities under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (SAFEMA).
The auction will take place in Mumbai on January 5. In the past nine years, 11 properties belonging to Dawood or his family have been auctioned. including a restaurant sold for ₹ 4.53 crore, six flats sold for ₹ 3.53 crore, and a guest house that fetched ₹ 3.52 crore.
Dawood Ibrahim, a key accused in the 1993 Mumbai serial blasts, had lived in the Mumbake village before moving to Mumbai in 1983. He left India after the series of bomb blasts which resulted in the death of 257 persons.
