The center and the J&K government convened the first-ever real estate conference in Jammuto urge individuals from around the nation to purchase property or a second house in Jammu and Kashmir. Outsiders – individuals who are not defined as 'legal residents' – were formerly forbidden from acquiring or holding land, but this was modified once the center repealed Article 370 in August 2019, erasing J&K's unique status. Local demonstrators and provincial political groups have charged the epicenter of 'foreclosing on J&K.'

The administration, calling it a 'historical revolution in J&K,' said it has modified regulations to allow for external investment in the state, such as the acquisition of non-agricultural property. The J&K administration, led by LieutenantGovernor Manoj Sinha, amended land-use regulations last week, allowing agricultural land to be reclassified for non-agricultural purposes. Regional groups were outraged by the decision, claiming that the property will be used to accommodate non-locals.

Following the abolition of special status, the center recently informed Parliament that just seven parcels of the property had been acquired in J&K. Allowing individuals from outside J&K to acquire land in the UT was one of the BJP's and the center's key talking points, but that does not appear to be the case so far. Given J&K's huge unemployment, opposition parties have pushed the government to prioritize job creation above investment.