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Home News India

Fugitive gangster Dawood Ibrahim’s ancestral property in Maharashtra to be auctioned

by Janam Web Desk
Oct 21, 2020, 03:52 pm IST
in India

Mumbai: In a major crackdown on the fugitive gangster and Mumbai serial blasts mastermind Dawood Ibrahim, his properties in his ancestral village in Ratnagiri district will be auctioned on November 10.

According to reports, seven land parcels in his ancestral village in Konkan will be auctioned by the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (SAFEMA) authorities.

The application for each property along with the earnest money deposit should reach the SAFEMA office before 4 pm on November 6. All three modes of sale – e-auction, public auction and sealed tenders – would be used for the auction of the properties.

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