D prop­er­ties have been sold

Fugi­tive Da­wood Ibrahim’s three struc­tures are now un­der the Bhendi Bazaar re­de­vel­op­ment um­brella

Mid Day - - NEWS - HEMAL ASHAR AND VI­JAY KU­MAR YA­DAV mail­bag@mid-day.com

AF­TER fail­ing at the fin­ish line two years ago, it was mis­sion ac­com­plished for the Saifee Burhani Uplift­ment Trust (SBUT), which won the auc­tion for three of Da­wood Ibrahim’s prop­er­ties. Held at the In­dian Mer­chants Cham­ber’s Ki­lac­hand Hall yes­ter­day, the auc­tion be­gan at 10 am and wrapped up by early af­ter­noon. The SBUT bought the don’s Shab­nam Guest House (R3.52 crore), Dam­bar­wala build­ing (R3.53 crore) and ho­tel Rau­naq Afroz (R4.53 crore).

Ra­jni Do­las, a com­muter

PIC/SURESH KARKERA

Khaki wave at Church­gate at the start of the auc­tion.

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