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ED to Confiscate Iqbal Mirchi's Vast Property Empire in Mumbai and Dubai

Published: May 04, 2026 | Category: Real Estate Mumbai
ED to Confiscate Iqbal Mirchi's Vast Property Empire in Mumbai and Dubai

Mumbai - The Enforcement Directorate (ED) has taken a significant step against terrorist Dawood Ibrahim's aide, Iqbal Mirchi. On April 29, a special (PMLA) court in Mumbai granted permission to the ED to confiscate additional assets owned by Iqbal Mirchi and his family located in both Mumbai and Dubai.

This action will be taken under the 'Fugitive Economic Offenders Act (FEOA), 2018'. This marks the ED's largest-ever crackdown on a network involved in laundering black money in the criminal underworld. The properties in question were purchased using funds obtained through illicit activities.

The seizure includes three highly expensive properties in the Worli area: 'Rabia Mansion', 'Mariam Lodge', and 'Sea View'. These properties cover a total area of 4,970.41 square meters. Mirchi had purchased these properties in 1986 for only 6.5 lakh rupees, but their value today is in the hundreds of crores. Government seizure notices will be displayed outside these properties to inform the public.

Following the confiscation, the properties will be auctioned off. Additionally, 14 real estate units in Dubai's 'Hotel Midwest Apartments', 'Corporate Bay', and 'DEC Towers' will also be seized by the ED. Mirchi had attempted to manipulate documents through various trusts and fake tenants to prevent these properties from being confiscated. It is alleged that 154 crore rupees were diverted abroad to acquire these assets.

The links to this case have also been connected to the Wadhawan brothers of DHFL, further complicating the web of financial and criminal activities. The ED's action is a significant blow to the criminal underworld, demonstrating the government's commitment to tackling financial crimes and recovering illicit funds.

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Frequently Asked Questions

1. What is the Fugitive Economic Offenders Act (FEOA), 2018?
The Fugitive Economic Offenders Act (FEOA), 2018, is a law in India designed to seize the assets of economic offenders who flee the country to avoid criminal prosecution. It allows authorities to declare such individuals as fugitive economic offenders and initiate proceedings to confiscate their assets.
2. Who is Iqbal Mirchi and what is his connection to Dawood Ibrahim?
Iqbal Mirchi is a known aide of terrorist Dawood Ibrahim, a notorious criminal and the head of the D-Company. Mirchi has been involved in various criminal activities, including money laundering and asset acquisition through illicit means.
3. What properties are being confiscated by the ED in Mumbai?
The ED is confiscating three highly expensive properties in the Worli area of Mumbai: 'Rabia Mansion', 'Mariam Lodge', and 'Sea View'. These properties, purchased in 1986 for 6.5 lakh rupees, are now worth hundreds of crores and cover a total area of 4,970.41 square meters.
4. What real estate units are being seized in Dubai?
In Dubai, the ED is seizing 14 real estate units located in 'Hotel Midwest Apartments', 'Corporate Bay', and 'DEC Towers'. These properties were acquired using funds allegedly diverted from India.
5. How is the Wadhawan brothers' case connected to Iqbal Mirchi's assets?
The Wadhawan brothers, former executives of DHFL, are linked to Iqbal Mirchi's case. The ED's investigation has revealed connections between the financial irregularities at DHFL and the acquisition of Mirchi's assets, suggesting a broader network of financial crimes.