Asset Purchase

During Rajya Sabha proceedings on March 29, Union Home Ministry reported that 34 non-residents from outside Jammu & Kashmir purchased land/assets in the UT. The statement came as a response to BSP leader's query. "The properties are located in Jammu, Reasi, Udhampur, and Ganderbal districts," said Union Minister Nityanand Rai.  Notably, before the revocation of Article 370, the purchase of land/assets for non-locals was not possible.