Dawood's Plot With Base Price Of Rs 15,000 Sold For Rs 2 Crore In Auction

The four tracts of agricultural land which were auctioned on Friday are located in Mumbake village in Maharashtra's Ratnagiri district.

The auction of four properties owned by Dawood Ibrahim concluded today, with two of the land parcels getting no bids and one, which had a reserve price of just Rs 15,000, being sold for an eye-popping Rs 2 crore. Dawood is India's most wanted terrorist and is believed to be hiding in Karachi.

The four tracts of agricultural land which went under the hammer are located in Mumbake village in Maharashtra's Ratnagiri district, and their combined reserve price was just Rs 19.22 lakh. While the two bigger land parcels did not receive any bids, a plot with an area of 1,730 sq m and a reserve price of Rs 1.56 lakh was sold for Rs 3.28 lakh.

The smallest land parcel, which has an area of 170.98 sq m and had a reserve price of Rs 15,000, has been sold for Rs 2.01 crore. This was bought by lawyer Ajay Srivastava, who had earlier purchased three of the underworld don's properties, including his childhood home in the same village.