इंडियन आवाज़     15 Oct 2018 10:21:16      انڈین آواز

3 Dawood properties sold to Saifi Burhani Trust

Dawood Ibrahim


The Government on Tuesday auctioned three of underworld don Dawood Ibrahim’s properties to the Saifi Burhani Upliftment Trust (SBUT).

The trust, run by the Bohra community, won bids for the three properties which includes two residences — six rooms of the Damarwala building and the Shabnam guest house — and a restaurant in Bhendi Bazaar named Hotel Raunaq Afroz (also known as Delhi Zaiqa).

 The Trust was established by the Late Dr. Syedna Mohammed Burhanuddin (RA) to undertake the redevelopment of one of India’s most vibrant but congested locality popularly known as ‘Bhendi Bazaar’. The Saifee Burhani Upliftment Project is an undertaking of the SBUT. The project is an ‘Urban Renewal Scheme/Cluster Development’ under the provisions of Development Control Regulations (DCR) 33(9).

Though the exact auction prices are yet to be disclosed, reports suggest the Rounaq Afroz restaurant was auctioned for Rs 4.53 crore. The Damarwala property was bagged for Rs 3.53 crore and the Shabnam guest house fetched Rs 3.52 crore.

Authorities had seized these properties, after Dawood fled India in the 1990s, under the provisions of Smuggling and Foreign Exchange Manipulators (Forfeiture of Property) Act, also known as SAFEMA.

On Tuesday, authorities carried out the auction at the IMC Chamber of Commerce and Industry in Churchgate, Mumbai. This is the second time in two years the government attempted to auction the properties belonging to Dawood Ibrahim — the brains behind the 1993 Mumbai blasts.

Close to 27 appeals were filed by people claiming to be “long term tenants” of the Damarwala Building and Shabnam Guesthouse. The Appellate Tribunal for Forfeited Property, however, had dismissed the appeals under SAFEMA.

Leave a Reply

Your email address will not be published. Required fields are marked *



3000-year-old relics found in Saudi Arabia

Jarash, near Abha in saudi Arabia is among the most important archaeological sites in Asir province Excavat ...

Instagram co-founders quit

WEB DESK The 2 co-founders of Instagram have resigned, reportedly over differences in management policy with ...


@Powered By: Logicsart