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Mumbai Buyer Emerges as Top Bidder for Dawood Ibrahim’s Ratnagiri Ancestral Plots

Finality awaits payment completion followed by SAFEMA approval.

Overview

  • The Centre auctioned four agricultural parcels in Mumbake, Ratnagiri on March 5 under SAFEMA after repeated failed attempts.
  • A Mumbai-based participant reportedly secured all four plots, with officials withholding the bidder’s identity.
  • The process remains conditional on full payment by early April 2026 and subsequent confirmation by the competent authority.
  • Survey No. 442 (Part 13-B) fetched a bid above Rs 10 lakh against a Rs 9.41 lakh reserve, while Survey Nos. 533, 453 and 617 sold at their reserve prices.
  • The lands were attached in the 1990s, and earlier auctions struggled due to the Dawood association, remote location and agriculture-only use restrictions.