A special Tada court has ordered that 14 immovable properties, such as flats, vacant plots, office spaces, and shops owned by Tiger Memon, Yakub Memon, and their family members, many of whom were convicted, acquitted, or are on the run in connection with the 1993 Bombay serial blasts, be transferred to the central government. These properties, which were seized in 1994, are currently under the custody of the court receiver and the Bombay High Court.

"The court receiver, HC, Bombay, is hereby discharged in respect of... 14 immovable properties... and subject to the payment of costs, charges, and expenses to be paid by the competent authority upon disposal of the properties through sale proceeds or by any other legal mode deemed fit and proper by it,"  VD Kedar the special judge conveyed on March 26.

While Tiger Memon, the alleged mastermind behind the blasts, remains on the run, his brother Yakub, who was tried and convicted, was executed in 2015. The properties in question include Yakub’s flat at Almeida Park in Bandra (West), a vacant plot and another flat in Santacruz, two flats in Kurla, an office on Mohamed Ali Road, a shop, flat and land in Dongri, an open plot in Mahim, three shops at Manish Market, a building and plot at Zaveri Bazaar, and a garage in Mahim. The owners of these properties are Abdul Razak Memon, Essa Memon, Yakub Memon, and Rubina Memon.

Notices regarding the release of the properties were sent to 13 members of the Memon family, including Tiger Memon, but none responded to the request. The central government filed the plea on January 7, 2025, through the appropriate authority under the Smugglers and Foreign Exchange Manipulators Act (SAFEMA). The authority’s role is to identify properties that smugglers and drug traffickers have illegally acquired and to order their confiscation by the central government. 

The forfeiture proceedings against Ibrahim Abdul Razak Memon, also known as Tiger Memon, were initiated based on a 1992 detention order issued by the Maharashtra government under the Conservation of Foreign Exchange and Prevention of Smuggling Act (COFEPSA). Later, in 1993, under the provisions of SAFEMA, the authorities ordered the seizure of various properties. These properties were attached by the Tada court in 1994, which appointed a court receiver to take control of them. Over time, individuals affected by the forfeiture approached multiple courts seeking the release of the properties, but their requests were rejected.

Last August, a court ordered the transfer of three apartments in Mumbai's Al Hussain building, previously owned by the Memon family, to the central government. These apartments were connected to Tiger, Yakub, and their relatives, including mother Hanifa, sister-in-law Rubina and wife Shabana, who have faced various outcomes in court, such as acquittal, imprisonment, and being on the run. Additionally, the court rejected a plea by the housing society to collect overdue maintenance fees and pursue redevelopment, instead directing them to contact the relevant authorities.