Wednesday, 29 July 2026 MUMBAI EDITION LIVE

Tiger Memon's Properties Auctioned in Mumbai

Three properties linked to Tiger Memon were auctioned. The properties include an office and two flats.

Mumbai Alert · City Desk
Mumbai Alert · City Desk
City Desk · Mumbai Alert News · Wed, 29 July 2026 at 07:23 am
Tiger Memon's Properties Auctioned in Mumbai

A significant auction took place in Mumbai on Tuesday, where three properties linked to Tiger Memon, the mastermind behind the 1993 serial blasts, were sold. The properties that went under the hammer include Memon's office in Mahim and two flats in Mumbai. This auction comes thirty-three years after the devastating serial blasts that shook the city.

The auction was conducted by the Safema, an agency responsible for enforcing the Smugglers and Foreign Exchange Manipulators Act. The properties were forfeited under this act, and multiple bidders participated in the auction. The sale of these properties marks a significant step in the government's efforts to seize and dispose of assets linked to criminal activities.

Tiger Memon, the main accused in the 1993 serial blasts case, has been absconding for decades. The blasts, which occurred on March 12, 1993, resulted in the loss of hundreds of lives and injured many more. The investigation and subsequent trials led to the conviction of several accused, but Memon remains at large.

The 1993 serial blasts were a watershed moment in Mumbai's history, leading to a significant overhaul of the city's security apparatus. The blasts also led to changes in the country's laws and policies related to terrorism and national security. The auction of Memon's properties serves as a reminder of the ongoing efforts to bring those responsible for the blasts to justice.

The Smugglers and Foreign Exchange Manipulators Act, under which the auction was conducted, is a law aimed at preventing and punishing smuggling and foreign exchange manipulation. The law allows for the forfeiture of properties and assets linked to such activities, providing a powerful tool for law enforcement agencies to combat crime.

The auction of Tiger Memon's properties is a significant development in the ongoing efforts to seize and dispose of assets linked to criminal activities. The sale of these properties will likely have a lasting impact on the city and serve as a reminder of the importance of holding those responsible for criminal activities accountable.

In conclusion, the auction of Tiger Memon's properties marks an important milestone in the government's efforts to combat crime and terrorism. The sale of these properties serves as a reminder of the ongoing efforts to bring those responsible for the 1993 serial blasts to justice and highlights the importance of enforcing laws aimed at preventing and punishing criminal activities.

Frequently asked questions

What properties were auctioned in the Tiger Memon case?

The properties auctioned include an office in Mahim and two flats in Mumbai.

Why were Tiger Memon's properties auctioned?

The properties were forfeited under the Smugglers and Foreign Exchange Manipulators Act and auctioned as part of the government's efforts to seize and dispose of assets linked to criminal activities.

tiger memonmumbai1993 serial blastssafema
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