‘Daddy’ is worth Rs 250 cr and counting | india | Hindustan Times
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‘Daddy’ is worth Rs 250 cr and counting

india Updated: Jul 24, 2008 00:40 IST
Debasish Panigrahi
Debasish Panigrahi
Hindustan Times
Arun Gulab Gawli

AT last count, Arun Gulab Gawli (56) was worth Rs 250 crore. And this is only the valuation of the immovable property owned by the gangster-turned-politician and his family.

Sources in the Crime Branch, which is investigating Gawli’s crime syndicate, told HT that the Gawli family owned several properties in the state in the name of Gawli’s father, wife Asha and younger brother Vijay Ahir — also an accused under the Maharashtra Control of Organised Crime Act.

These include a 40-acre plot at Bhor village near Pune (at least Rs 60 crore), a 12 acres at Sudhagad Taluka in Raigad, a sprawling bungalow with a three-acre compound owned by Asha at Wadgaon Pir, her native village.

In Mumbai, Gawli and his family own at least 11 four-storied buildings in the vicinity of Dagdi chawl in Byculla. The colony has as many as 352 apartments. “The chawl compound itself would value between Rs 100-120 crore, as per market rates,” said an official.

Not far are two more Gawli-owned chawl buildings, the price of which is likely to run into several crores. Gawli gave a 1,000 sqft flat in Byculla (about Rs 1 crore) to his municipal councillor-daughter Neeta as a wedding gift last year.

“With every passing day, some new property records keep cropping up,” the official said, adding that these properties had been purchased from proceeds of Gawli’s crime syndicate.

Additional Commissioner of Police (Crime) Deven Bharati, said: “Our job (of compiling Gawli’s property details) is still on. It will be submitted to the court at an appropriate time.”

Gawli is presently lodged at Arthur Road jail in connection with two cases registered under MCOCA.