India Starts Sale Of Enemy Properties Worth Rs 1 lakh Cr

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, 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 Magis...

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