Siddique was mired in 100-cr island project S Balakrishnan
The Free Press Journal|October 17, 2024
Baba Siddique, who was a major player in the real estate market especially in the Bandra-Santacruz belt, which was part of his assembly constituency, had purchased an island near Dubai a few years ago, at the instance of a close relative.
S Balakrishnan

According to a source, who was close to Baba, both the relative and Baba invested more than Rs 100 crore in the project. However, the project never took off and both of them lost heavily in the process. Since Baba had invested money at the instance of the relative, there was a souring of relations between them.

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