The government is moving to monetise over 12,000 such properties across the country
The Union Home Ministry has started the process for eviction and sale of enemy properties, the immovable assets left behind by people who have taken citizenship of Pakistan and China. There are a total of 12,611 establishments called enemy property, roughly estimated to be worth over Rs 1 lakh crore, in the country. The enemy properties are vested with the Custodian of Enemy Property for India (CEPI), an authority created under the Enemy Property Act. According to a Home ministry notification, the guidelines for disposal of the enemy properties have been changed under which the process for eviction of enemy properties now shall be initiated with the help of the District Magistrate or Deputy Commissioner concerned before the sale of properties. In case of the enemy properties valued below Rs 1 crore, the custodian shall offer for purchase to the occupant first and if offer of purchase is refused by the occupant, then the enemy property shall be disposed of in accordance with the ...
A principal secretary-level officer should be appointed as a nodal officer for protecting, managing, and monitoring enemy property, added the press release.
The CBI has registered four FIRs against officials managing enemy properties for allegedly leasing out over 71 hectares of prime commercial land in Uttar Pradesh at nominal rates
Enemy properties were those left behind by the people who took citizenship of Pakistan and China
The move comes amid the central government's efforts to sell more than 9,400 enemy properties, worth over Rs 1 lakh crore, and Rs 3,000 crore worth of enemy shares
Nodal officers are being appointed by state governments to coordinate identification, vesting and valuation of enemy properties, the official said