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Sitting MLAs in the Fray Richer by Rs 13.50 Crore

Published: 14th October 2014 06:00 AM  |   Last Updated: 14th October 2014 06:00 AM   |  A+A-

MUMBAI: The average assets of the 216 outgoing Members of Legislative Assembly, who are seeking  re-election in Maharashtra, has gone up by Rs 13.15 crore in the last five years. Among the major parties, the  Bharatiya Janata Party has registered the maximum asset growth.

According to a survey by city-based Association for Democratic Reforms (ADR),  Bharatiya Janata Party’s Mangal Prabhat Lodha, Shiv Sena’s Suresh Jain and Congress’ Ramesh Singh Thakur are the top three gainers on the assets front.

Lodha, a candidate from high-end Malabar Hill here, has added Rs 129.97 crore to his assets. He is one of the city’s top real estate developers.

Jain, who has been behind the bars for over three years, in connection with a housing scam, has added Rs 100 crore to his assets. He is contesting for the ninth consecutive time from Jalgaon.

Thakur’s assets have increased by Rs 59.40 crore. A real estate developer, he is contesting from Kandivli (East), here.

The survey shows that the average assets of 44   Bharatiya Janata Party MLAs, who have been renominated, will have increased by 198 per cent, followed by 62  MLAs of the Congress (184 per cent), 51 Nationalist Congress Party MLAs (176 per cent) and 36 MLAs from the Shiv Sena (172 per cent), all of whom are seeking re-election.  As for the eight Maharashtra Navnirman Sena MLAs who have been fielded yet again by the party, there has been a whopping 294 per cent increase in their assets.

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