Six properties of Dawood Ibrahim in Ratnagiri auctioned today
While four of the properties were successfully bid by Delhi-based lawyer Bhupendra Bhardwaj in the virtual auction held today, the other two bids were won by advocate Ajay Srivastava.
Six properties of underworld don and India’s most wanted terrorist Dawood Ibrahim at his ancestral place Ratnagiri were auctioned by the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Authority (SAFEMA) on Tuesday.
Underworld don Dawood Ibrahim. (HT file photo)
{{^htLoading}} {{/htLoading}}
While four of the properties were successfully bid by Delhi-based lawyer Bhupendra Bhardwaj in the virtual auction held today, the other two bids were won by advocate Ajay Srivastava.
{{^usCountry}}{{/usCountry}}
“We had an excellent response in the auction. The six properties at Ratnagiri and Goregaon have been sold. While four bids were won by Bhupendra Bharadwaj, two were won by Ajay Shrivastava,” SAFEMA Additional Commissioner RN D’Souza told reporters here.
He said the highest bid for two of the properties went from the reserve price of ₹1.89 lakh and ₹5.35 lakh to ₹4.3 lakh and ₹11.2 lakh respectively. He added that the other properties went for their base prices.
One other property, belonging to Dawood Ibrahim, was however withdrawn from the auction by officials due to some technical reasons.
{{^htLoading}} {{/htLoading}}
{{^usCountry}}
“We auction in all three modes -- public auction, e-auction and silk tender. But, this being a very peculiar situation during the Covid-19 pandemic. So, we had to improvise a little. Instead of having a public auction, we conducted a virtual public auction,” D’Souza said.
{{/usCountry}}
{{#usCountry}}
“We auction in all three modes -- public auction, e-auction and silk tender. But, this being a very peculiar situation during the Covid-19 pandemic. So, we had to improvise a little. Instead of having a public auction, we conducted a virtual public auction,” D’Souza said.
{{/usCountry}}
The officials said there were several enquiries for the Mylton apartment, owned by gangster Iqbal Mirchi, but no bids were received for the same.
“As per the procedure, 25 per cent of the bid amount has to be deposited within seven days if the total amount is below ₹50 lakh, if above 50 lakh, 25 per cent of the bid needs to be deposited within a period of one month. The rest of the amount can be deposited within one month and three months respectively. After the entire payment is made a confirmation letter will be issued communicating the same,” he added.
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.
Get Latest News, breaking headlines, and top India News, and today real-time updates from across the nation. Stay informed on politics, government policies, crime, Today Weather, and major developments on Hindustan Times
Get Latest News, breaking headlines, and top India News, and today real-time updates from across the nation. Stay informed on politics, government policies, crime, Today Weather, and major developments on Hindustan Times
