Srinagar, September 26, 2026 (Yes Punjab News)
Jammu and Kashmir Police have attached and frozen four immovable properties worth approximately Rs 7.11 crore in Srinagar under provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act and the Unlawful Activities (Prevention) Act (UAPA).
According to police, the properties were allegedly acquired through proceeds of drug trafficking and activities linked to terror networks.
Police Station Zakura attached a residential house and land at Bilal Colony, Zakura, valued at around Rs 2.5 crore and belonging to Owais Ahmad Rather. The action was taken in connection with FIR No. 34/2026 under Sections 8/22 and 29 of the NDPS Act.
The property was identified as having been acquired through illicit drug trafficking and was attached under Section 68-F(1) of the NDPS Act. Its sale, lease, transfer, alteration or creation of any third-party interest has been prohibited until further orders from the competent authority.
Separately, Police Station Nowgam attached property worth nearly Rs 2.85 crore belonging to Sheeraz Ahmed Sheikh of Wagoora, BK Pora. The property comprises a two-storeyed building, two shops and a rice mill spread across 18 marlas of land. The action was taken in connection with FIR No. 121/2023 under Sections 8/15 of the NDPS Act after approval from the competent authority.
Police Station Ahmadnagar also attached a residential property worth around Rs 1.3 crore at Danihama, Hazratbal, belonging to Zahoor Ahmad Mir. The property comprises a single-storeyed house and six marlas of land and was attached under Section 25 of the UAPA in connection with FIR No. 20/2026 registered under the Arms Act and provisions of the UAPA.
In another action, Police Station Shalteng froze a residential house along with seven marlas of land at Check Mujgund, Srinagar, valued at around Rs 46 lakh and owned by Amir Ahmad Mir. Police said the property had been acquired using proceeds from drug trafficking and was frozen under Section 68-F of the NDPS Act.
Police said the coordinated actions are aimed at dismantling the financial infrastructure supporting drug trafficking and terror-related activities in the Valley. Srinagar Police said it would continue identifying, tracing, freezing and attaching assets allegedly generated through criminal proceeds and taking legal action against drug syndicates, terror networks and their support structures.
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