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Mumbai: Dawood Ibrahim's properties sold for 11 crores
Updated On: 15 November, 2017 11:50 AM IST | Mumbai | Hemal Ashar and Vijay Kumar Yadav
<p>Fugitive Dawood Ibrahim's three structures are now under the Bhendi Bazaar redevelopment umbrella</p>

Fugitive Dawood Ibrahim's three structures are now under the Bhendi Bazaar redevelopment umbrella. 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 (Rs 3.52 crore), Dambarwala building (Rs 3.53 crore) and hotel Raunaq Afroz (Rs 4.53 crore).

Khaki wave at Churchgate at the start of the auction. Pic/Suresh Karkera
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