Crackdown on Drug Smugglers: Phagwara Police Seize Property Worth Rs 1.02 Crore
In a major crackdown on drugs and drug peddlers, Phagwara Police have successfully seized the property of a notorious drug smuggler worth Rs 1.02 crore.
Drug SmugglingDrug PeddlersPhagwara PoliceProperty SeizureCrime PreventionReal EstateJun 29, 2024
The Competent Authority in New Delhi promptly acted on the request, targeting a house registered in the name of Paramjit Singh's wife, worth Rs 36.76 lakh. Additionally, the seized cash of Rs 1.02 crore has been frozen as per the Competent Authority's directive, on May 1, 2024. SSP Gupta has urged people to come forward with information on drug smuggling or smugglers, promising to keep the informant's name confidential. The confidential information can be given through designated contact numbers.
Frequently Asked Questions
What is the value of the property seized by Phagwara Police?
The property seized is worth Rs 1.02 crore.
Who is the accused drug smuggler?
The accused is Paramjit Singh, also known as Pamma or Doctor.
When was the FIR registered against the accused?
The FIR was registered in December 2022, at the City police station in Phagwara.
What is the purpose of the property seizure?
The property seizure is part of a crackdown on drugs and drug peddlers to prevent further illegal activities.
How can people provide information on drug smuggling or smugglers?
People can provide confidential information through designated contact numbers.
Related News Articles
Budget 2024: Understanding the Elimination of Indexation Benefits on Property Sales
The Union Budget 2024 has introduced significant changes to capital gains taxation, particularly for real estate transactions. Find out what the elimination of indexation benefits means and how it will impact you.
People Are Leaving Florida: Top Reasons for the Real Estate Exodus
The Florida real estate market is experiencing a significant slowdown, as indicated by the Monthly Housing Report. Numerous factors are driving residents to sell their homes and move out of the state.
CoStar Group’s SWOT Analysis: Real Estate Data Giant Faces Residential Market Challenges
CoStar Group, a leading provider of commercial real estate information, analytics, and online marketplaces, is navigating challenges in the residential market while maintaining its strong market position.
RBI Rate Cut to Revitalize the Real Estate Market in Bhubaneswar
The Reserve Bank of India (RBI) has announced a repo rate cut, which is expected to significantly boost the real estate sector in Bhubaneswar. This move is likely to lower borrowing costs, making it more attractive for homebuyers and investors.
DRA Enters Rs 5 Billion Club, Redefining Chennai's Housing Growth
DRA, a leading real estate developer in Chennai, has achieved a significant milestone by crossing the Rs 5 billion revenue mark in FY 2024-25, becoming the fastest company to do so in the region.
Vicky Kaushal Renews Lease for Luxury Juhu Apartment, Pays ₹6.2 Crore Rent
Vicky Kaushal, the acclaimed Bollywood actor, has renewed his lease for a luxurious apartment in Juhu, one of Mumbai’s most prestigious neighborhoods. The actor will reportedly pay a rent of ₹6.2 crore, highlighting the high demand and value of real estate in this exclusive area.