Burhani trust wins 3 D-prop­er­ties for ₹ 11cr

The Times of India (Mumbai edition) - - FRONT PAGE - Ma­teen.Hafeez@ times­group.com

Mum­bai: The Saifee Burhani Up­lift­ment Trust (SBUT), which is re­de­vel­op­ing the Bhendi Bazar clus­ter plan, won bids for all the three prop­er­ties al­legedly owned by fugi­tive un­der­world don Da­wood Ibrahim on Tues­day. The three prop­er­ties, a non­op­er­a­tional eat­ing house, a four­storey com­mer­cial-cum-res­i­den­tial build­ing and a guest­house, with a col­lec­tive re­serve price of Rs 3.95 crore, fetched the Union fi­nance min­istry Rs 11.05 crore.

The Hindu Ma­hasabha, which was ear­lier said to be one of the par­tic­i­pants in the auc­tion, did not de­posit its earnest money, and no one from the or­gan­i­sa­tion turned up. Ear­lier in the 2015 auc­tion, it had bought a car and later set it on fire.

The auc­tion oper­a­tions were led by R N D’Souza and su­per­vised by P Sel­va­ganesh, the com­pe­tent au­thor­ity. A fi­nance min­istry source said, “Around 14 to 15 peo­ple par­tic­i­pated in the auc­tion and we are happy that peo­ple are now com­ing for­ward.”

Shri­ram Vernekar

The Da­mar­wala Build­ing in Pak­modia Street, where Da­wood Ibrahim lived, fetched 3.5 crore

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