Two Properties Located At Mumbai Belonging To Iqbal Mirchi Will Be Sold By Government.

By Varun Singh

Two properties connected to gangster Iqbal Mirchi, who was also the right-hand man of underworld’s dreaded don Dawood Ibrahim located in Mumbai’s Santacruz west have been put on auction. The auction is being conducted by the department within the Ministry of Finance. the reserve price for the two flats is Rs 3.45 crore. The auction will be held on November 19 at the office of Competent Authority in Nariman Point. The gangster who died a few years ago is in news once again because of alleged property deals in Mumbai.

The properties are flat number 501, and 502 both located in the building named Milton Apartments CHS Ltd, which is located in Juhu Tara Road, Santacruz West. As per the society records the area both the flats is 1245 sq ft.

A notice regarding the same was issued by the Office of Competent Authority and Administrator, SAFEMA/NDPSA, Mumbai. The notice talks about the other four properties, however, their ownership title couldn’t be ascertained.

According to a report, against the confiscation of these two flats, Heena Kauser, wife of Mirchi had even fought a battle up to the Supreme court.

The auction will be held in three formats, which include e-auction, the opening of tenders and public auctions. The properties will be open for inspection on November 7 and November 8.

The other properties of which ownership couldn’t be ascertained includes a flat in Wimbledon II CHS ltd, located at Andheri West, A merged flat in the building Silver Arch, located in Oshiwara, and another flat located in the building Sai Milap CHS Ltd, in Goregaon.

There is two land parcel that is also being auctioned by SAFEMA, they both are located in Kasargod district of Kerala state. the inspection of these two properties will be held on November 11.

Those interested in these two properties will have to submit their tenders, and also submit the Earnest Money Deposit by November 15. The reserve price for the two flats belonging to Iqbal Mirchi is Rs 3,45 crore, while the Earnest Money Deposit is Rs 86.50 lakh.

Earlier this year in April, SAFEMA auctioned a flat measuring 600 sq ft, located at Gordon Hall Apartments in Nagpada, that belonged to Dawood’s sister Haseen Parkar, for Rs 1.80 crore.

In November 2017, the Saifee Burhani Upliftment Trust had won three properties in an auction carried out by SAFEMA. The properties were Shabnam Guest House, six flats in Damarwala building and restaurant Raunaq Afroz — all located in Bhendi Bazaar and belonging to the don Dawood Ibrahim’s family.

Leave a Reply
You May Also Like

Embassy Developments to Launch Premium 14-Acre Residential Project at Embassy Springs in Bengaluru

Embassy Developments Ltd. announces a premium residential project at Embassy Springs, Bengaluru. Spanning 14 acres and 1.55 million sq. ft., the project will feature over 800 luxury apartments with superior finishes, launching by December 2025.

Mumbai property registrations touch 10-year high in Aug 2023

The country’s financial capital Mumbai (area under Brihanmumbai Municipal Corporation) witnessed around…

Unchanged Repo Rates A Boon for the Housing Market

Anuj Puri, Chairman – ANAROCK Group Much against general expectations, the RBI…

Dhoni Entertainment Pvt Ltd leases office in Andheri

Dhoni Entertainment Private Ltd, inaugurated its office in Adani Inspire, in Andheri…