SRINAGAR: Srinagar Police has frozen or attached residential properties and a vehicle valued at more than ₹13.43 crore in connection with suspected drug trafficking, invoking provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985, officials said on Thursday.
The action was carried out by police stations Khanyar, Pantha Chowk, Shalteng, Safakadal, Soura and Ahmadnagar following financial investigations into assets allegedly acquired through proceeds of illicit drug trafficking.
According to police, the action was initiated under Sections 68-E and 68-F of the NDPS Act, which deal with the identification of illegally acquired property and its forfeiture-related proceedings.
Khanyar police accounted for assets valued at approximately ₹8 crore, including four residential properties and a Volkswagen Polo. The properties included houses in Khanyar and Safakadal, while the vehicle was linked to a case registered in 2025.
Pantha Chowk police attached a residential house in Khanmoh valued at ₹1.24 crore. The person linked to the property is also named in three NDPS cases registered at Pampore, Banihal and Khrew police stations, according to the police statement.
Shalteng police froze a two-storeyed house on one kanal of land in Panzinara, valued at ₹1.21 crore. The property was identified during an investigation into a case registered in 2023.
Safakadal police attached a three-storeyed residential house with an attic, valued at around ₹10.15 lakh, in connection with a case registered under provisions of the NDPS Act, the Arms Act and the Bharatiya Nyaya Sanhita (BNS).
Ahmadnagar police took action against two residential properties linked to the same individual. One was valued at approximately ₹1 crore and the other at ₹80 lakh. Both were identified during financial investigations into suspected proceeds of drug trafficking.
Soura police also initiated freezing or attachment proceedings against a residential property in Umar Colony-B, Lal Bazar, valued at approximately ₹1.18 crore, excluding the value of the land.
Police said the proceedings in the Ahmadnagar and Soura cases were conducted in the presence of an Executive Magistrate, with local witnesses present in the Soura case.
The department said the drive was aimed at targeting the financial networks supporting drug trafficking in addition to the arrest of accused persons and seizure of narcotics. It added that further action would be taken in accordance with the law.
