MUMBAI: A flat of fugitive underworld don Dawood Ibrahim’s sister Haseena Parkar here was auctioned for Rs 1.80 crore Monday, an official said.
The auction of the flat, located at Nagpada in upscale South Mumbai, took place at the Yashwantrao Chavan Pratishthan hall here under the SAFEMA Act (Smuggling And Foreign Exchange Manipulators Act), he said.
However, the name of the winner was not disclosed.
“The winner had participated in the auction through sealed tender process, where we got the highest price for the flat (Rs 1.80 crore).
“Whereas in public auction, we got a price of Rs 1.70 crore for the flat,” R N D’souza, Additional Commissioner, Income Tax Department, said.
The flat, which has an area of 600 square feet, had a base price of Rs 1.69 crore, he said.
The flat was sold after Haseena Parkar’s relatives failed to prove that the property was bought from money acquired through legal sources, another official said. (AGENCIES)