After the 1962 conflict with China and the 1965 Indo-Pakistan war, the Indian government seized properties belonging to nationals of these countries. These properties, designated enemy property included land, buildings, firms, shares, bank balance, and provident fund and so on. These properties are administrated by the Custodian of Enemy Property for India. The properties were seized in response to ‘enemy’ countries failing to compensate Indians whose property was seized or who fled these countries because of the war. Responding to a question in Lok Sabha in 2017 the home ministry gave out details of 9,280 of these immovable properties that Pakistani nationals had to leave behind. Overall the property is spread across 12,000 acres of land and valued at over Rs 1 lakh crore.
Source : ET Realty