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Gaekwads declare assets

The two members of Gaekwad royal family of erstwhile Baroda State declared their assets worth Rs 60 lakhs and Rs 77 lakhs respectively.

Published on: Apr 09, 2004 09:04 PM IST
PTI | By , Ahmedabad
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The two members of the Gaekwad royal family of erstwhile Baroda State, Shubhanginiraje Gaekwad and Satyajitsinh Gaekwad, contesting from Kheda and Vadodara Parliamentary seats, declared their assets worth Rs 60 lakhs and Rs 77 lakhs respectively.

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HT Image

The affidavit of erstwhile Maharani of Baroda Shubhaginiraje's mentions 40.42 acre of agricultural land in Lachura District of Bhind in Madhya Pradesh in her name and 44 acres in her spouse Ranjitsinh Gaekwad's name in Dumada Gujarat, and landholdings at Dhar in Madhya Pradesh. Current market value of the lands is estimated Rs 32,000 and Rs 39,000.

It also mentions one third share in commercial and residential property at Bhulabhai Desai Road, Mumbai measuring 9445 sq. Ft. And of Ranjitsinh as being a member of Jawaharlal Group Housing Cooperative Housing Society in Delhi.

Details of assets of children are not mentioned "as they are not dependent on me", Shubhanginiraje said.

There is no mention of any other property including the Laxmivilas Palace, over 700-acre plot surrounding the Palace, Rajmahal and the Exhibition Ground in Vadodara besides Royal family property on Juhu-Tara Road in Mumbai and other places.

She has cash of Rs 22,000 in bank and bonds, debentures, investment in other financial institutions amounting to about 22 lakhs while her husband's investments are approximately Rs 20 lakhs.

 
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