2019 Maharashtra polls: BJP candidate MP Lodha declares assets worth Rs 441 crore

The 63-year-old MLA, who is seeking a sixth consecutive term, along with his wife have movable assets worth over Rs 252 crore, immovable assets of about Rs 189 crore.

Published: 02nd October 2019 05:44 PM  |   Last Updated: 02nd October 2019 11:23 PM   |  A+A-

Mumbai BJP president Mangal Prabhat Lodha

Mumbai BJP president Mangal Prabhat Lodha (Photo | Facebook/ @MangalPrabhatLodhaOffical)

By Express News Service

MUMBAI: With declared assets of over Rs 441 crore, city BJP chief and party’s nominee from Malabar Hill assembly constituency, Mangal Prabhat Lodha, is likely to be Maharashtra’s wealthiest candidate this election season.

State Congress president Balasaheb Thorat, on the other hand, has declared property of Rs 12 crore in his affidavit filed along with nomination from Sangamner in Ahmednagar district.

As per the affidavit submitted by Lodha, the 63-year-old MLA who is seeking a sixth consecutive term, and his wife have movable assets worth over Rs 252 crore, immovable assets of about Rs 189 crore.

He owns a Jaguar which costs Rs 14 lakh and has other investments in bonds, shares. His liabilities are worth about Rs 283 crore.

Lodha, whose family is into real estate business, has five residential flats in south Mumbai and a plot in Rajasthan. Both Lodha and his wife also own a house in the Malabar Hill area. His wife also owns another flat and commercial property in south Mumbai.

As per the affidavit, Lodha has five pending criminal cases against him.

In his affidavit filed in 2009 Lodha had declared property worth Rs 68 crore and liabilities worth Rs 7 crore, while in 2014 he had declared property worth Rs 200 crore and Rs 200 crore worth liabilities.

ALSO READ | Babita Tade, who won Rs 1 crore on KBC, made Maharashtra poll campaign ambassador

According to his affidavit, state Congress chief Thorat’s family has immovable property worth Rs 10 crore while his movable property is worth Rs 2 crore. Thorat or any of his family members don’t have any vehicle in their names, the affidavit has said.

While the immovable property of the 4-member Thorat family includes around 14-acre farmland, house and residential buildings at Sangamner, their moveable assets include bank deposits and ornaments, the affidavit says.

For the Maharashtra assembly elections on October 21, a total of 251 candidates have filed nominations, additional chief electoral officer Dilip Shinde has said.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments(1)

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

  • Preetam

    Please tell me which Jaguar car cost Rs 14 lakhs
    14 days ago reply
flipboard facebook twitter whatsapp