Enemy Property
Govt looking at REITS model to monetise land assets of CPSEs, enemy property
Under this REITs, land assets aree transferred to a trust providing investment opportunity for institutional investors.
Govt sells Rs 1,150 crore worth enemy shares in Wipro
The sale would help in monetisation of movable enemy property lying dormant for decades.
Sale of 'enemy shares', buybacks by CPSEs yield Rs 11,300 cr to exchequer in FY'19
Enemy property refers to the assets left behind by people who migrated to Pakistan or China and are no longer citizens of India.
MHA plans to auction 9,000 ‘enemy properties’
Of total 9,280 properties, maximum are in UP.
Soon, fresh ordinance on enemy properties
Enemy properties are spread across many states in the country.
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