Auction process for Dawood Ibrahim's three properties begins
Mumbai: Three properties of underworld don Dawood Ibrahim will be auctioned by a private auctioneering firm at the Indian Merchant Chambers (IMC) here on Tuesday.
The auction process will begin at 11.00 am through E-Auction and public action at Mumbai's Churchgate.
Ibrahim's three properties are - Ronak Afroz Restaurant, Damarwala Building and Shabnam Guest House.
The Reserve price kept for Shabnam Guest House is Rs 1 crore 23 lakh, 43 thousand. The price to auction Damarwala building has been reserved at Rs 1 crore 55 lakh 76 thousand.
The Reserve price for Ronak Afroz restaurant is Rs 1 crore 18 lakh 63 thousand.