Srinagar, Sep 25 (KNS) Srinagar Police has attached four immovable properties collectively valued at approximately ?7.11 crore in connection with drug trafficking and terror-related cases, officials said on Saturday.
The action was taken under the provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act and the Unlawful Activities (Prevention) [UA(P)] Act, they said.
In the latest action, Police Station Zakura attached a residential house along with land at Bilal Colony, Zakura, valued at about ?2.5 crore, belonging to Owais Ahmad Rather, son of Gh. Mohd Rather, in connection with a case registered under FIR No. 34/2026 under Sections 8/22 and 29 of the NDPS Act.
The property, identified during investigation as having been acquired through illicit drug trafficking, was attached under Section 68-F(1) of the NDPS Act. The order prohibits its sale, lease, transfer, alteration or creation of any third-party interest till further orders of the competent authority.
Earlier, Police Station Nowgam attached property worth approximately ?2.85 crore belonging to Sheeraz Ahmed Sheikh, son of Nazir Ahmad Sheikh, a resident of Wagoora, BK Pora, in connection with FIR No. 121/2023 under Section 8/15 of the NDPS Act.
The property comprises a two-storeyed concrete building, two shops and a rice mill constructed over 18 marlas of land at Wagoora, Tehsil BK Pora. The attachment was carried out under Section 68-F of the NDPS Act after approval of the competent authority.
In another action, Police Station Ahmadnagar attached a residential property worth about ?1.30 crore at Danihama, Hazratbal, belonging to Zahoor Ahmad Mir, son of Abdul Gani Mir, in connection with FIR No.
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The property, comprising a single-storeyed residential house with appurtenant land measuring six marlas, was attached under Section 25 of the UA(P) Act after obtaining prior approval of the competent authority and following due legal procedure in the presence of the Executive Magistrate 1st Class and independent witnesses.
Further, Police Station Shalteng froze a single-storeyed residential house along with seven marlas of land at Check Mujgund, Srinagar, valued at approximately ?46 lakh, belonging to Amir Ahmad Mir, son of Mohd. Ashraf Mir, in connection with FIR No. 43/2023 under Sections 8/21 and 29 of the NDPS Act.
Investigation established that the property had been acquired from proceeds of illicit drug trafficking, following which it was frozen under Section 68-F of the NDPS Act.
Through these actions, Srinagar Police has attached or frozen four immovable properties with a combined value of approximately ?7.11 crore, targeting the financial proceeds and infrastructure linked to narcotics trafficking and terror-related activities.
Srinagar Police said it remains committed to identifying, tracing, freezing and attaching properties generated through proceeds of illicit activities and to dismantling the financial networks sustaining drug trafficking and terror activities.
It reiterated that firm, lawful and sustained action against drug traffickers, terror networks, their associates and financial support structures will continue. (KNS)
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