A Group of Ministers (GoM) headed by Union Home Minister will monitor the disposal of over 9,400 enemy properties, which the government estimates are worth about Rs 1 lakh crore.
Properties that were left behind by the people who took citizenship of Pakistan and China are known as Enemy Properties.
There are 9,280 such properties left behind by Pakistani nationals and 126 by Chinese nationals.
Under the Defence of India Rules framed under The Defence of India Act, 1962, the Government of India took over the properties and companies of those who took Pakistani nationality.
The Enemy Property Act, enacted in 1968, provided for the continuous vesting of enemy property in the Custodian of Enemy Property for India.
Some movable properties too, are categorised as enemy properties.
The 2017 amended Act expanded the definition of the term “enemy subject”, and “enemy firm” to include
the legal heir and successor of an enemy, whether a citizen of India or a citizen of a country which is not an enemy;
and the succeeding firm of an enemy firm, irrespective of the nationality of its members or partners.