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National News
Three properties of Dawood Ibrahim auctioned in Mumbai
 
(Mumbai, Nov 14, 2017): Three south Mumbai properties belonging to fugitive don Dawood Ibrahim were auctioned for Rs 11.58 crore today, according to an official involved in the process.

The properties were put on auction by the ministry of finance, under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act.

The three properties are Hotel Raunaq Afroz, also known as Delhi Zaika, Shabnam Guest House and six rooms in Damarwala building.

The Saifee Burhani Upliftment Trust was the highest bidder for the three properties, the official said.

While the Raunaq Afroz hotel attracted a bid of Rs 4.53 crore, Shabnam Guest House got a bid of Rs 3.52 crore and the rooms in the Damarwala building went for Rs 3.53 crore, he said.(PTI)


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ENTERTAINMENT NEWS
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INTERNATIONAL NEWS
Turkey hits back at Trump, imposes tariffs on US goods worth $1.8 bn
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Israeli Prime Minister's wife charged with fraud
Iran lawyer arrested after claiming executed man innocent
UK PM calls US images of migrant children 'deeply disturbing'
KERALA NEWS
Kerala among 13 states on thunderstorm alert
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Malappuram press club attack: RSS workers nabbed
Workers injured in mudslide at construction site
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