D-Company still has a strong grip on Mumbai real estate

December 04, 2015 09:29

Gangster Dawood Ibrahim's involvement in several redevelopment projects across Mumbai has come to light following a detailed investigation by The Hindu into the city's underworld.

Officials who have kept a close watch on his gang say the syndicate has a highly organised system of controlling, extorting money from or taking part in many of the redevelopment projects.

Technical surveillance done by Indian agencies gives credence to the statement. On rare occasions, when Indian agencies have been able to zero in on Dawood Ibrahim's activities, there have been strong hints of his interests in the construction business -- in both Mumbai and the UAE.

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