Dawood Ibrahim’s Ancestral Properties in Ratnagiri Auctioned For ₹2 Crore

Ratnagiri: In an auction conducted by the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Authority (SAFEMA) on Friday, the ancestral property of fugitive gangster Dawood Ibrahim was sold at a significant amount. The property, situated in Mumbke village, Khed tehsil, coastal Ratnagiri district, Maharashtra, had a reserve price of ₹15,440 but fetched ₹2 crore.

Out of the four properties linked to Ibrahim’s family, only two received bids. The highest bid of ₹2.01 crore for a 170.98 sqmt agricultural land exceeded the reserve price, while another 1730 sqmt land secured a bid of ₹3.28 lakh against a reserve price of ₹1,56,270. Notably, two properties received no bids.

The auction, held at Aayakar Bhavan in south Mumbai, saw a single bidder winning both properties. The successful bidder’s identity remains undisclosed. Dawood Ibrahim, a key suspect in the 1993 Mumbai serial blasts, is believed to be residing in Pakistan.

Previously, in 2020, six properties, including Ibrahim’s childhood home, were auctioned from Mumbake village. In 2017, the government sold three luxurious bungalows in South Delhi, along with a hotel, owned by Ibrahim.

Recent reports suggested that Dawood Ibrahim faced an attempted murder in Pakistan and was hospitalized in Karachi after being poisoned. Speculations about his residence in Karachi’s Clifton area persist, though the Pakistan government denies these claims.

Ibrahim, the mastermind behind the 1993 Mumbai blasts, is on India’s wanted list.