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Enemy properties in India: Valuation Rs 1.04 lakh cr, total number 9,280; spread over 12,000 acres across country

The Central Government On Tuesday Informed Lok Sabha That The Total Valuation Of Immovable Enemy Property Stands At Rs 1.04 Lakh Crore In The Country. Minister Of State For Home Hansraj Ahir Informed The House That The Total Number Of Immovable Property With The Custodian Of Enemy Property Is 9,280 Which Is Spread Over Around 11,773 Acres Of Land.

PTI | Updated on: 28 Mar 2017, 07:04:28 PM
A general view of the Lok Sabha. (File Photo)

New Delhi:

The Central government on Tuesday informed Lok Sabha that the total valuation of immovable enemy property stands at Rs 1.04 lakh crore in the country. Minister of State for Home Hansraj Ahir informed the House that the total number of immovable property with the custodian of enemy property is 9,280 which is spread over around 11,773 acres of land.

The gross total valuation of all enemy property stands at 1,04,219 crore, he said in response to a written reply to a question.

"Enemy property" refers to any property belonging to, held or managed on behalf of an enemy, an enemy subject or an enemy firm.

The government has vested these properties in the Custodian of Enemy Property for India, an office instituted under the central government.

Read | Why Modi govt focussed too much for Parliament nod on amended enemy property bill

After the Indo-Pakistan War of 1965, the Enemy Property Act was enacted in 1968, which regulates such properties and lists the custodian's powers.

The Parliament recently amended the Enemy Property Act to guard against claims of succession or transfer of properties left by people who migrated to Pakistan and China.

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First Published : 28 Mar 2017, 04:18:00 PM