Srinagar police attach 4 properties worth ₹7.11 crore in drug-terror crackdown
Synopsis
Srinagar police have struck at the financial roots of drug and terror networks, attaching four properties worth ₹7.11 crore under the NDPS Act and UAPA in a single coordinated sweep. With assets belonging to four individuals frozen across multiple police station jurisdictions, the action signals a sharper focus on seizing criminal proceeds rather than just prosecuting traffickers.
Key Takeaways
Srinagar police attached and frozen four properties worth approximately ₹7.11 crore under the NDPS Act and UAPA .
Owais Ahmad Rather's residential house at Bilal Colony, Zakura — valued at ₹2.5 crore — was attached under Section 68-F(1) of the NDPS Act.
Sheeraz Ahmed Sheikh's assets in Wagoora, BK Pora — including a building, shops, and a rice mill worth ₹2.85 crore — were attached under the NDPS Act.
Zahoor Ahmad Mir's property at Danihama, Hazratbal worth ₹1.3 crore was seized under Section 25 of the UAPA linked to the Arms Act and terror provisions.
Amir Ahmad Mir's house at Check Mujgund valued at ₹46 lakh was frozen for alleged drug proceeds under Section 68-F of the NDPS Act.
All attached properties are barred from sale, lease, or transfer pending orders from the competent authority .
Srinagar police have attached and frozen four immovable properties worth approximately ₹7.11 crore in a coordinated crackdown on narcotics trafficking and terror-linked financial networks across Srinagar district, Jammu and Kashmir. The action was carried out under the provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act and the Unlawful Activities (Prevention) Act (UAPA), targeting assets allegedly acquired through drug trafficking proceeds and activities connected to terror networks.
Key Attachments and Accused
Police Station Zakura attached a residential house along with land at Bilal Colony, Zakura, valued at approximately ₹2.5 crore and belonging to Owais Ahmad Rather. The action was linked to FIR No. 34/2026 under Sections 8/22 and 29 of the NDPS Act, with investigators establishing that the property was acquired through illicit drug proceeds. The attachment was effected under Section 68-F(1) of the NDPS Act, prohibiting any sale, lease, transfer, or creation of third-party interest pending orders from the competent authority.
In a separate operation, Police Station Nowgam attached assets worth nearly ₹2.85 crore belonging to Sheeraz Ahmed Sheikh of Wagoora, BK Pora. The attached property includes a two-storeyed building, two shops, and a rice mill spread across 18 marlas of land, with the action tied to FIR No. 121/2023 under Sections 8/15 of the NDPS Act.
UAPA and Arms Act Nexus
Police Station Ahmadnagar attached a residential property valued at approximately ₹1.3 crore at Danihama, Hazratbal, belonging to Zahoor Ahmad Mir. This attachment — covering a single-storeyed house and six marlas of land — was made in connection with FIR No. 20/2026 registered under the Arms Act and multiple provisions of the UAPA. It was carried out under Section 25 of the UAPA following due legal procedure and approval from the competent authority.
Additionally, Police Station Shalteng froze a residential house along with seven marlas of land at Check Mujgund, Srinagar, valued at around ₹46 lakh and owned by Amir Ahmad Mir. Investigations reportedly established that the property had been acquired using drug trafficking proceeds, leading to its freezing under Section 68-F of the NDPS Act.
Dismantling the Financial Infrastructure
Srinagar police stated that the coordinated operations are aimed at dismantling the financial infrastructure that sustains drug trafficking and terror-related activities in the Kashmir Valley. Authorities reiterated their commitment to identifying, tracing, freezing, and attaching assets generated through criminal proceeds. This comes amid a broader, sustained push by Jammu and Kashmir Police to sever the financial lifelines of drug syndicates and their alleged links to separatist and terror networks — a pattern of enforcement that has intensified since 2019.
What Happens Next
The attached and frozen properties will remain under restriction — barring any sale, transfer, or encumbrance — until further orders from the competent authority under the respective statutes. Police indicated that legal action against drug syndicates, terror networks, and their support structures will continue, signalling further asset seizures in the pipeline.
Point of View
A charge that carries far heavier legal consequences. Whether these attachments lead to convictions and permanent forfeiture — rather than prolonged litigation — will determine their actual deterrent value. Past experience in the Valley shows that asset-freezing without swift adjudication can leave properties in legal limbo for years, blunting the intended financial blow to these networks.
NationPress
26 Sept 2026
Frequently Asked Questions
Why did Srinagar police attach properties worth ₹7.11 crore?
Srinagar police attached four properties worth approximately ₹7.11 crore because they were allegedly acquired through drug trafficking proceeds and activities linked to terror networks. The action was carried out under the NDPS Act and UAPA to dismantle the financial infrastructure sustaining these criminal activities.
Who are the individuals whose properties were attached?
The four individuals are Owais Ahmad Rather (Bilal Colony, Zakura), Sheeraz Ahmed Sheikh (Wagoora, BK Pora), Zahoor Ahmad Mir (Danihama, Hazratbal), and Amir Ahmad Mir (Check Mujgund, Srinagar). Each has a separate FIR registered against them under NDPS Act or UAPA provisions.
What does attachment under the NDPS Act and UAPA mean for the owners?
Once a property is attached under Section 68-F of the NDPS Act or Section 25 of the UAPA, the owner is legally prohibited from selling, leasing, transferring, or creating any third-party interest in it until the competent authority issues further orders. The restriction remains in force throughout the legal proceedings.
How does this crackdown connect to terror financing in Kashmir?
Police stated that the targeted assets were linked not just to drug trafficking but also to terror-related financial networks operating in the Kashmir Valley. The use of UAPA — typically invoked in terror cases — alongside the NDPS Act indicates investigators believe drug proceeds are being channelled to support militant or separatist activities.
Will these property attachments be permanent?
The attachments are provisional at this stage, pending further orders from the competent authority under the respective statutes. Permanent forfeiture would require completion of the legal process, including adjudication. Police have indicated that further action against drug syndicates and terror support structures will continue.
