New Delhi

The Centre has sold movable and immovable enemy properties worth ₹2,930 crore till January 28, the Rajya Sabha was informed on Wednesday.

In a written reply, Minister of State for Home Affairs Bandi Sanjay Kumar said the disposal and monetisation of enemy properties are carried out in accordance with the Enemy Property Act, 1968, along with the rules and guidelines framed under it.

Enemy properties refer to assets left behind by people who migrated to and acquired citizenship of Pakistan or China, largely between 1947 and 1962.

“As on January 28, 2026, movable and immovable enemy properties worth ₹2,930 crore have been sold,” the minister said.

He said the government has taken multiple steps to fast-track the monetisation process. District magistrates have been designated as ex-officio deputy custodians of enemy properties, sub-divisional magistrates as assistant custodians, tehsildars as inspectors, and deputy secretaries posted in regional offices of the Custodian of Enemy Property for India (CEPI) as ex-officio deputy custodians.

To encourage greater participation in auctions, the government has reduced the pre-bid earnest money deposit from 10 per cent to 5 per cent and extended the payment period for the sale value from 21 days to 120 days.

Explaining the disposal process, Kumar said property valuation is conducted by a committee headed by the district magistrate of the district where the property is located. Empanelled valuers are engaged for properties valued above ₹1 crore.

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The valuation reports are submitted to CEPI and then placed before the Enemy Property Disposal Committee, which makes recommendations to the central government on the disposal of such properties.