Three properties of Underworld Don, Dawood Ibrahim, sold to SBUT

Dawood still an asset in Pakistan but India has plan B

Dawood Ibrahim

Three properties of underworld don and main accused in the 1993 serial bomb blasts Dawood Ibrahim will be auctioned on Tuesday by the Ministry of Finance, under the Smugglers and Foreign Exchange Manipulators (SAFEMA) Forfeiture of Properties Act. Rounaq Afroz restaurant, also known as Delhi Zaika, was sold for Rs 4.53 crore. This is the second time in nearly two years the ministry is trying to auction Dawood Ibrahim's properites which include Hotel Raounaq Afroz-also known as Delhi Zaika- and two residential premises, Shabnam guest house and six rooms in Damarwala builidng, located on the Pakmodia street. The Damarwala property was bagged for Rs 3.53 crore and the Shabnam guest house fetched Rs 3.52 crore.

This is unedited, unformatted feed from the Press Trust of India wire.

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"These buildings are in dilapidated condition and unfit for living". Dawood used to stay at Damarwala Building with his family till he fled the country in 1986. Officials said Iqbal Kaskar had provided the addresses of four residences belonging to Dawood Ibrahim in Karachi.

In the advertisement, the government listed five properties, of which two belong to the underworld don. During the auction carried out in 2015, there was intelligence input that the gangsters of Dawood gang were watching us round the clock. But the auction couldn't take place. Though the authorities had earlier planned to auction the properties of Dawood in a phased manner, the earlier auctions couldn't clinch much attention of the bidders - apparently due to fear factor. However, there was no response to the auction on previous occasions. The Hindu Mahasabha is one of the applicants who wants to buy Dawood Ibrahim property. Chakrapani had also expressed his eagerness to acquire the Rounaq Afroz - to build a public toilet in the area under the Prime Minister's Swachh Bharat Mission.

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