Video: Dawood Ibrahim's property in Mumbai auctioned for Rs 3.51 crore

Masulla Building, located in Bhendi Bazaar area of central Mumbai that belongs to fugitive underworld don Dawood Ibrahim has been auctioned away for Rs 3.51 crore.  It was auctioned under the Smuggling and Foreign Exchange Manipulators (Forfeiture of Property) Act. The property was purchased by Saifee Burhani Upliftment Trust (SBUT), which placed the highest bid of Rs 3.51crore rupees.