Hot News

Dawood’s props auctioned; for what price tag??

Dawood’s props auctioned; for what price tag??

Call him a fugitive on the run from Indian law or a notorious gangster, his last known three properties including a hotel and a guest house in south Mumbai were auctioned for Rs. 11.58 crore.

Dawood, it may be known, has been living in Karachi for decades now.

Hotel Raunaq Afroz – also known as Delhi Zaika – Shabnam Guest House and six rooms in the Damarwala building were put on auction by the Finance Ministry.

The Saifee Burhani Upliftment Trust was the highest bidder for the three properties, a news agency claimed.

The Raunaq Afroz hotel was sold for over Rs. 4.5 crore, the Shabnam Guest House went for over Rs. 3.5 crore and the rooms in the Damarwala building went for around the same price, the official revealed.

The Raunaq hotel is said to be among the first properties purchased by Dawood after he took control of his smuggling business.

The first and the third floor apartments in the Damarwala building belonged to Dawood’s ancestors, say officers. He allegedly lived there with this family before leaving the country in 1986.

Earlier this year, a tribunal rejected 27 appeals of people claiming to be “long term tenants” at the Damarwala building and Shabnam guesthouse.

Summary
Review Date
Reviewed Item
Dawood's props auctioned; for what price tag??
Author Rating
51star1star1star1star1star
Tags

Leave a Reply

Your email address will not be published.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

This site uses Akismet to reduce spam. Learn how your comment data is processed.