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Dawood's Mumbai properties auctioned

IANS  |  Mumbai 

mafia don Dawood Ibrahim Kaskar's three prime properties in south finally found a buyer on Tuesday -- the Saifee Burhani Uphliftment (SBUT), run by the Dawoodi Bohra community, an official said here.

"Yes. We submitted bids and have won the auction for the three properties which fall within the redevelopment jurisdiction of the SBUT. We shall now complete the remaining formalities," a SBUT spokesperson told IANS.

The properties to be acquired by the include a restaurant, Hotel Raunaq Afroz, also known as Delhi Zaika, Shabnam Guest House and six tenements in Damarwala Building, all falling within one kilometre radius in the congested Bhendi Bazar area.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 14 2017. 14:26 IST