Rampur royal family value pegged at Rs 2,664 crore


Rampur royal family value pegged at Rs 2,664 crore

NEW DELHI: The royal family of Rampur has finally been assigned a value Rs 2,664 crores. In their submissions to the district and sessions judge of Rampur, the court-appointed commissioners on Saturday filed their estimates of assets that belonged to the last Nawab of Rampur.

The court will now hold daily hearings to meet the December deadline that the Supreme Court had set for the division of property among the claimants.

The Nawab of Rampur, Raza Ali Khan, was the first to accede to India after Independence in 1949 on the condition that two things would not change ownership of property and the right of primogeniture.

After his death in 1966, both spurred a dispute that led to one of the longest running civil suits in the country that is now in its 48th year.

He was survived by six daughters and three sons.

The five properties have 18 claimants, including former MP Begum Noor Bano and former MLA Kazim Ali Khan.

According to the court-appointed commissioner for immovable assets, advocate Arun Prakash Saxena, The Khasbagh Palace is spread across a 350-acre property, Benazir Kothi and orchard occupy 100 acres, Shahbad Castle 250 acres, Kunda orchard is 12,000 square metres and Nawabs private railway station is 19,000 square metres.

These immovable assets have been valued at approximately Rs 2,600 crore, he said.

More than half of this estimate, Rs 1,435 crore, has been attributed to the Khasbagh Palace, the sprawling royal residence built in phases till 1930 and was host to Ghalib, Begum Akhtar and Fida Hussein Khan.

Moveable assets that were evaluated in the five properties range from art (paintings by Baroque portrait artist Sir Peter Lely and 19th century British portrait artist John Hanson Walker), vintage cars (a 1939 Buick, a 1954 Dodge convertible, 1956 Austin convertible, 1956 Jeep Willys, 1956 Fiat, 1957 Plymouth and Fargo trucks), the throne, swords and daggers to gold cigarette cases, chandeliers, crockery, statues, mirrors, carpets, etc.

The valuation of the moveable assets was conducted by a private interior and commercial designing firm, which arrived at Rs 64 crore, said advocate Harsh Gupta, who has been representing one of the claimants, the family of the Nawabs second son Zulfiquar Ali Khan.

Last year, the Supreme Court had asked the Rampur district judge to evaluate the property and come up with a plan for division of assets.

It had earlier said that the Muslim personal law would prevail over the traditional gaddi system, which made way for the women in the family to stake claim to the property as well.

Before the lockdown, the court-appointed commissioner for moveable assets, Saurabh Saxena, had submitted the valuation report of the Nawabs armoury with vintage guns, gem-studded swords and knives with tangs made of precious stones at Rs 76 lakh.

The Nawabs heirs had contested the conservative assessment and planned on challenging it in court.

The most disappointing was the much-awaited opening of the Khasbagh Palace strongroom, which was said to have jewels locked away. When it was opened in August last year, the lockers were found to be empty.

Source: IANS

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