32 years after the deadly 1993 Mumbai serial bombings that killed 257 people and injured hundreds more — this was India’s first coordinated terror attack of such magnitude, the mastermind behind the attack Tiger Memon’s name is being heard. But this time, it is not for any crime, but for his properties that his family left behind and were sealed for decades. This time, the properties are up for auction. This was officially announced by officials of SAFEMA (Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act Authority). A final round to put the decades-old seized property under the hammer has started. This includes Mahim’s Al Husseini building, an infamous address as investigating officials revealed that the conspiracy of the attack was planned at this place.

What is inside the seized assets?

The inventory includes 17 properties.

Among these are:

1. Three flats in the infamous Al Husseini building, Mahim, where Tiger Memon and his family resided.

2. One flat in Bandra.

3. Two flats in Kapadia Nagar, Kurla.

4. Four shops in South Mumbai’s Manish Market, jointly owned by Tiger Memon and co-conspirator Mohammad Dosa.

All the above-mentioned properties have been locked and completely sealed since 1993 and were only reopened recently for inspection. The opening of these places has both caused unease and stirred nostalgia for the attack where many people lost their lives. As per officials, if the process moves smoothly, the auction might start in December or January.

Highest valued property

Among all the immovable assets, one plot of about 10,000 sq m in Kole Kalyan, Vakola, has a value of ₹400 crore. This was once the prime real estate of the Memon family and is now a legal and logistical puzzle. Encroachments have occurred on this property due to newer constructions. Another such disputed property is in Zaveri Bazar.

For over three decades now, the assets have been entangled in legalities. Four out of the 17 properties are under litigation, while five others are still not formally transferred to SAFEMA’s custody. After three decades, clearing these hurdles has become tough — it isn’t just about properties now, it is about closure and justice.

Where is Tiger Memon?

It is said that Tiger Memon is still hiding in Pakistan and remains one of India’s most wanted men. His brother, Yakub Memon, surrendered and was convicted and executed in 2015, while other family members who were part of the conspiracy were given varying prison terms.

In 1993, the Memon family conspired and executed the deadly attack, the mastermind being Tiger Memon. On March 12, 1993, the Mumbai serial bombings were carried out, killing 257 people and injuring hundreds more.

One of the officials overseeing the process said, “These flats have stood locked for thirty years. When they open again, it won’t just be doors and walls — it’ll be memories, ghosts, and a city that has waited too long for closure.”

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