Srinagar Crackdown: Properties Worth Over Seven Crores Attached in Drugs and Terror Financing Case Authorities in Srinagar have attached immovable properties valued at over seven crore rupees under the NDPS and UAPA acts, targeting the financial networks behind drug trafficking and militant activities. Security forces and law enforcement in the summer capital of Jammu and Kashmir have launched a major financial crackdown against the syndicates operating behind drug trafficking and militant networks. Authorities in Srinagar have attached multiple immovable properties collectively valued at over seven crore rupees. This sweeping legal action has been executed under strict provisions of the NDPS and UAPA acts to dismantle the economic roots and financial lifelines sustaining these illegal networks across the region. Targeting High-Value Properties in Zakura and Nowgam The extensive operation involved targeted interventions by various police stations following detailed financial investigations. Officials confirmed that four major immovable assets worth approximately 7.11 crore rupees have been formally attached. Within the jurisdiction of the Zakura police station, a residential house along with contiguous land situated in Bilal Colony was frozen under the NDPS Act. Valued at roughly 2.5 crore rupees, this property belongs to Owais Ahmed Rather. Investigators established that the asset was allegedly acquired using funds generated through illicit narcotics smuggling, triggering attachment under Section 68-F(1) of the NDPS Act. This order strictly prohibits any sale, lease, transfer, or creation of third-party rights without explicit clearance from the competent authority. In a parallel operation, the Nowgam police station targeted assets belonging to Shiraz Ahmed Sheikh, a resident of Wagura. Authorities attached property valued at approximately 2.85 crore rupees, which encompasses a two-storey concrete building constructed over 18 marlas of land, two commercial shops, and a functional rice mill. This significant seizure was executed under Section 68-F of the NDPS Act following formal approval from the competent authority. Action Under Anti-Terror Laws The crackdown extended beyond narcotics into cases tied directly to militant financing and unlawful activities. The Ahmed Nagar police station attached a residential property belonging to Zahoor Ahmed Mir located in Danihama, Hazratbal. Valued at roughly 1.30 crore rupees, the asset includes a single-storey residential house built on 6 marlas of land, attached under Section 25 of the UA(P) Act in connection with an FIR registered under the Arms Act and UAPA provisions. Additionally, Shalteng police took over a single-storey residential house and 7 marlas of land in Check Mujgund, Srinagar, belonging to Ameer Ahmed Mir. Valued at approximately 46 lakh rupees, this property was similarly identified as a direct acquisition funded through illegal drug proceeds. What this means for you This major financial crackdown against drug networks and militant funding in Srinagar will have a direct deterrent effect on illegal syndicates operating across the region. • Across India: Such strict enforcement sends a strong message nationwide that financial assets amassed through illegal narcotics and unlawful activities will be targeted and dismantled. It reinforces the legal framework used to choke the funding sources of organized crime. • In Srinagar: Local communities and families will benefit from the neutralization of financial networks that fuel drug addiction and unlawful activities. The freezing of properties in areas like Zakura, Nowgam, and Hazratbal directly targets the local infrastructure supporting illicit trades. Why this happened The attachment of properties worth over seven crore rupees in Srinagar stems from comprehensive financial investigations conducted by law enforcement into illegal syndicates. • Identification of Illicit Funds: Detailed police probes revealed that the accused individuals had acquired substantial real estate and commercial assets using proceeds generated from narcotics smuggling and unlawful operations. • Application of Strict Statutes: Provisions under Section 68-F of the NDPS Act and relevant sections of the UAPA provide the legal authority to freeze and seize assets derived from criminal activities. • Dismantling Financial Backing: The primary objective of these actions is to sever the economic lifeline of traffickers and militant sympathizers, preventing them from utilizing accumulated wealth for further illegal acts. Questions & Answers 1. What is the total value of properties attached in Srinagar? Authorities in Srinagar have attached immovable properties valued at approximately 7.11 crore rupees. 2. Under which laws has this crackdown been executed? The action has been carried out under the provisions of the NDPS and UAPA acts. 3. Whose property was attached in the Zakura area? A residential property belonging to Owais Ahmed Rather, valued at about 2.5 crore rupees, was attached in Bilal Colony, Zakura. 4. What assets were seized by the Nowgam police? Nowgam police seized assets worth roughly 2.85 crore rupees belonging to Shiraz Ahmed Sheikh, including a building, two shops, and a rice mill. https://trendkia.com/en/jammu-kashmir/srinagar-men-dragsa-aura-atnka-ke-vittiya-netavarka-para-bara-prahara-sata-karora-se-adhika-ki-proparti-ataicha-39184 TrendKia — Har trend, sabse pehle.