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Govt begins monetisation of enemy properties, lists 31 assets for sale

The Indian government has initiated the process of monetizing "enemy properties" by identifying the first batch of 31 such properties in Uttar Pradesh. Enemy properties are those left behind by individuals who took citizenship of Pakistan and China after leaving India. The properties, valued below ₹1 crore each, have been recommended for sale by the Enemy Property Disposal Committee.

Independence Day: Govt sits on a Rs 1 lakh crore bonanza from India s enemies

Enemy properties are those that were once owned by individuals who took Chinese or Pakistani citizenship after India fought wars with these countries. Besides real estate, enemy property may also include bank a/cs, shares, gold, and other assets of such individuals.

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