India, July 25 -- Three properties belonging to the family of fugitive gangster Tiger Memon - the alleged mastermind of the 1993 serial blasts in the city that killed 257 people - will be auctioned next week by the union government, officials aware of the matter told Hindustan Times.

The properties will be auctioned under section 7 of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (SAFEMA), 1976, which empowers the competent authority under the union government to declare properties as illicit and auction them.

Of the three properties on the block, two are in Mahim, while the third is in Bandra.

One of the two Mahim properties is a 751-sqft flat on the fifth floor of Al-Hussaini Society where the Memon fam...