Varun has assets worth about Rs five crore | india | Hindustan Times
Today in New Delhi, India
May 29, 2017-Monday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Varun has assets worth about Rs five crore

BJP candidate Varun Gandhi, who filed his nominations today at the Pilibhit District Collectorate, has declared assets worth about Rs five crore. Varun has assets worth Rs 4.92 crore, which include movable assets worth Rs 1.71 crore. However, the young BJP leader does not have a vehicle of his own.

india Updated: Apr 22, 2009 19:05 IST

BJP candidate Varun Gandhi, who filed his nominations today at the Pilibhit District Collectorate, has declared assets worth about Rs five crore.

According to the affidavit submitted to the district returning here, Varun has assets worth Rs 4.92 crore, which include movable assets worth Rs 1.71 crore.

However, the young BJP leader does not have a vehicle of his own.

Varun has cash worth Rs 20,000, while his bank deposits are worth Rs 16,42,000 and has bonds and shares worth Rs 1,95,000. His other financial instruments are worth Rs 98,84,000.

The BJP candidate also has jewellery worth Rs 16,18,000, silver utensils worth Rs 26,88,000 in addition to paintings worth Rs 10,10,000.

Varun also possesses weapons worth Rs 85,000, which include a 12 bore gun costing Rs 20,000, a pistol worth Rs 40,000 and a NPB rifle worth Rs 25,000.

As far as the immovable assets of Varun are concerned, it includes a 2/3rd share in a Vasant Vihar shop in Delhi worth Rs 2.33 crore, an advance payment given for a flat worth Rs 63 lakh and a share of Rs 25 lakh in a shop in Khan Market in Delhi.

Varun has a bachelor’s degree in Economics from the University of London in association with the London School of Economics.