NEW DELHI: Enemy properties worth a total Rs 2,930 crore were sold until January 28 this year, the home ministry informed the Rajya Sabha on Wednesday. In written reply to a question, junior home minister Bandi Sanjay Kumar said the govt has taken several steps to fast-track monetisation of enemy properties, including declaring district magistrates as ex-officio deputy custodian of such property, sub-divisional magistrate as ex-officio assistant custodian, tehsildar as ex-officio inspector and deputy secretary posted in office of custodian of enemy properties of India (CEPI) as the ex-officio deputy custodian. To attract bidders in enemy property auctions, the pre-bid earnest money deposit (EMD) was halved to 5% and the payment period of the sale value increased to 120 days from 21 days.As per the reply, if no bids are received for an enemy property during three e-auctions, then the reserve price is reduced by 10% and the property is again put for e- auction. Enemy property valued below Rs 1 crore in rural areas and below Rs 5 crore in urban areas is offered to the occupant for purchase, as per the revised norms.Kumar further told the House that standard operating procedure (SOP) has been issued for publicity of enemy property auctions and CEPI headquarters strengthened by posting regular officers.The disposal/monetisation of enemy properties is done in accordance with the provisions of the Enemy Property Act, 1968 and the rules and guidelines framed therein.Before the disposal/monetisation of the enemy properties, the valuation of immovable ones is done by a valuation committee under the chairmanship of the district magistrate concerned. For enemy properties valued more than Rs 1 crore, market valuation is also done through empanelled valuer. The valuation reports are placed by the CEPI before the enemy property disposal committee, which gives its recommendations to the Central government regarding the disposal of enemy properties. About the AuthorBharti JainBharti Jain is senior editor with The Times of India, New Delhi. She has been writing on security matters since 1996. Having covered the Union home ministry, security agencies, Election Commission and the ‘prime’ political beat, the Congress, for The Economic Times all these years, she moved to TOI in August 2012. Her repertoire of news stories delves into the whole gamut of issues related to terrorism and internal strife, besides probing strategic affairs in India’s neighbourhood.Read MoreEnd of ArticleFollow Us On Social MediaVideos‘This is the era for India’: BlackRock CEO Larry Fink Hails New Delhi’s Economic Rise’Agriculture, Dairy Protected’: Piyush Goyal Cheers India-US Pact; Jaishankar Meets Trump Top Aides’Insulted Sikh Community’: Hardeep Puri Slams Rahul Gandhi Over ‘Traitor’ Remark At Ravneet BittuRahul Gandhi Defends Naravane Memoir Quotes, Priyanka Questions Nishikant Dubey Quotes On Nehru’Justice Is Crying…’: Mamata Banerjee Takes EC Head On In Supreme Court Over SIR Row In Bengal‘Combatise Space Command…L1 Needs To Go.’: Expert Stresses Defence Reforms After Budget 2026India-US Trade Deal Vs India-EU FTA: Which Agreement Delivers Bigger Exports Jobs And GrowthKorean ‘Love Game’ Under Lens After Ghaziabad Sisters Suicide Raises Alarm On Digital AddictionPolitical Storm Erupts As Rahul Gandhi, Ravneet Bittu Clash, Cong Targets PM Modi On Epstein FilesPiyush Goyal Defends India-US Trade Deal in Lok Sabha, Says Farmers And Dairy Interests Fully Safe123Photostories10 oldest restaurants in Bengaluru and their most popular dishesMeryl Streep films on OTT that highlight her timeless talent5 most expensive buildings from across the world and why they cost so muchMumbai–Pune Expressway turns parking lot as vehicles remain stuck for 12 hoursThis Royal in Asia owns 7000 luxury vehicles including 500 Rolls-Royce, 450 Ferraris and 380 BentleysRosa Parks once said, “I have learned over the years that when one’s mind is made up…”: 5 lessons it teaches students10 regional potato dishes that are a must-try once in a lifetime5 OTT hits of 2026 that created a massive buzz and had everyone talkingNot just potato: 9 types of popular fillings that make samosa a true food lover’s delightGaming addiction, school dropout, isolation: Key details in Ghaziabad-Loni sisters’ death case123Hot PicksBudget 2026Gold Silver PricesParliament Budget SessionRelationship consentIncome Tax CalculatorPublic holidays February 2026Bank Holidays februaryTop TrendingArtemi PanarinMLB Trade RumorsAyesha CurryKayla NicoleNHL Injury UpdatePuka NacuaRussell WilsonDenver Nuggets vs Detroit PistonsNikola JokicGold Riyadh Players Ranking

NEW DELHI: Enemy properties worth a total Rs 2,930 crore were sold until January 28 this year, the home ministry informed the Rajya Sabha on Wednesday. In written reply to a question, junior home minister Bandi Sanjay Kumar said the govt has taken several steps to fast-track monetisation of enemy properties, including declaring district magistrates as ex-officio deputy custodian of such property, sub-divisional magistrate as ex-officio assistant custodian, tehsildar as ex-officio inspector and deputy secretary posted in office of custodian of enemy properties of India (CEPI) as the ex-officio deputy custodian. To attract bidders in enemy property auctions, the pre-bid earnest money deposit (EMD) was halved to 5% and the payment period of the sale value increased to 120 days from 21 days.As per the reply, if no bids are received for an enemy property during three e-auctions, then the reserve price is reduced by 10% and the property is again put for e- auction. Enemy property valued below Rs 1 crore in rural areas and below Rs 5 crore in urban areas is offered to the occupant for purchase, as per the revised norms.Kumar further told the House that standard operating procedure (SOP) has been issued for publicity of enemy property auctions and CEPI headquarters strengthened by posting regular officers.The disposal/monetisation of enemy properties is done in accordance with the provisions of the Enemy Property Act, 1968 and the rules and guidelines framed therein.Before the disposal/monetisation of the enemy properties, the valuation of immovable ones is done by a valuation committee under the chairmanship of the district magistrate concerned. For enemy properties valued more than Rs 1 crore, market valuation is also done through empanelled valuer. The valuation reports are placed by the CEPI before the enemy property disposal committee, which gives its recommendations to the Central government regarding the disposal of enemy properties. About the AuthorBharti JainBharti Jain is senior editor with The Times of India, New Delhi. She has been writing on security matters since 1996. Having covered the Union home ministry, security agencies, Election Commission and the ‘prime’ political beat, the Congress, for The Economic Times all these years, she moved to TOI in August 2012. Her repertoire of news stories delves into the whole gamut of issues related to terrorism and internal strife, besides probing strategic affairs in India’s neighbourhood.Read MoreEnd of ArticleFollow Us On Social MediaVideos‘This is the era for India’: BlackRock CEO Larry Fink Hails New Delhi’s Economic Rise’Agriculture, Dairy Protected’: Piyush Goyal Cheers India-US Pact; Jaishankar Meets Trump Top Aides’Insulted Sikh Community’: Hardeep Puri Slams Rahul Gandhi Over ‘Traitor’ Remark At Ravneet BittuRahul Gandhi Defends Naravane Memoir Quotes, Priyanka Questions Nishikant Dubey Quotes On Nehru’Justice Is Crying…’: Mamata Banerjee Takes EC Head On In Supreme Court Over SIR Row In Bengal‘Combatise Space Command…L1 Needs To Go.’: Expert Stresses Defence Reforms After Budget 2026India-US Trade Deal Vs India-EU FTA: Which Agreement Delivers Bigger Exports Jobs And GrowthKorean ‘Love Game’ Under Lens After Ghaziabad Sisters Suicide Raises Alarm On Digital AddictionPolitical Storm Erupts As Rahul Gandhi, Ravneet Bittu Clash, Cong Targets PM Modi On Epstein FilesPiyush Goyal Defends India-US Trade Deal in Lok Sabha, Says Farmers And Dairy Interests Fully Safe123Photostories10 oldest restaurants in Bengaluru and their most popular dishesMeryl Streep films on OTT that highlight her timeless talent5 most expensive buildings from across the world and why they cost so muchMumbai–Pune Expressway turns parking lot as vehicles remain stuck for 12 hoursThis Royal in Asia owns 7000 luxury vehicles including 500 Rolls-Royce, 450 Ferraris and 380 BentleysRosa Parks once said, “I have learned over the years that when one’s mind is made up…”: 5 lessons it teaches students10 regional potato dishes that are a must-try once in a lifetime5 OTT hits of 2026 that created a massive buzz and had everyone talkingNot just potato: 9 types of popular fillings that make samosa a true food lover’s delightGaming addiction, school dropout, isolation: Key details in Ghaziabad-Loni sisters’ death case123Hot PicksBudget 2026Gold Silver PricesParliament Budget SessionRelationship consentIncome Tax CalculatorPublic holidays February 2026Bank Holidays februaryTop TrendingArtemi PanarinMLB Trade RumorsAyesha CurryKayla NicoleNHL Injury UpdatePuka NacuaRussell WilsonDenver Nuggets vs Detroit PistonsNikola JokicGold Riyadh Players Ranking


Enemy properties worth Rs 2930 crore sold till Jan 28, says government

NEW DELHI: Enemy properties worth a total Rs 2,930 crore were sold until January 28 this year, the home ministry informed the Rajya Sabha on Wednesday. In written reply to a question, junior home minister Bandi Sanjay Kumar said the govt has taken several steps to fast-track monetisation of enemy properties, including declaring district magistrates as ex-officio deputy custodian of such property, sub-divisional magistrate as ex-officio assistant custodian, tehsildar as ex-officio inspector and deputy secretary posted in office of custodian of enemy properties of India (CEPI) as the ex-officio deputy custodian. To attract bidders in enemy property auctions, the pre-bid earnest money deposit (EMD) was halved to 5% and the payment period of the sale value increased to 120 days from 21 days.As per the reply, if no bids are received for an enemy property during three e-auctions, then the reserve price is reduced by 10% and the property is again put for e- auction. Enemy property valued below Rs 1 crore in rural areas and below Rs 5 crore in urban areas is offered to the occupant for purchase, as per the revised norms.Kumar further told the House that standard operating procedure (SOP) has been issued for publicity of enemy property auctions and CEPI headquarters strengthened by posting regular officers.The disposal/monetisation of enemy properties is done in accordance with the provisions of the Enemy Property Act, 1968 and the rules and guidelines framed therein.Before the disposal/monetisation of the enemy properties, the valuation of immovable ones is done by a valuation committee under the chairmanship of the district magistrate concerned. For enemy properties valued more than Rs 1 crore, market valuation is also done through empanelled valuer. The valuation reports are placed by the CEPI before the enemy property disposal committee, which gives its recommendations to the Central government regarding the disposal of enemy properties.



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