Delhi lawyer acquires Dawood’s ancestral property ; pays 1300 times reserve price

A Delhi based lawyer secured two Ratnagiri agricultural plots in auction, owned by Dawood Ibrahim’s mother, for over ₹ 2 crores. Interestingly, the remaining two plots under Amina Bi’s name did not attract any bidders. 

Notably, the smallest plot among the four, with an initial reserve price of ₹15,440, was auctioned for over ₹ 2 crore, marking a substantial increase of approximately 1,300 times the reserve price.

In the year 2020, Ajay Srivastava, the lawyer, acquired Dawood Ibrahim’s ancestral home in Khed for a sum of ₹11.2 lakh. When questioned about his decision to bid significantly above the reserve price for a plot valued at ₹15,440, Srivastava explained, “The survey number of this land, my birth date and the price I quoted add up to a figure in numerology that works in my favour. In 2020, I bought Dawood’s bungalow as well.”

Ajay Shrivastav also said “I will establish a school here later. I established ‘Sanatan Dharma pathshala’ at the bungalow of Dawood Ibrahim which I purchased in 2020.”