Sitting Member of Parliament (MP) from Satara and Nationalist Congress Party (NCP) candidate Udayanraje Bhonsle has declared assets worth Rs199 crore, making him the richest candidate from Maharashtra in the Lok Sabha elections.
In his election affidavit submitted to the state election body, the Satara MP has declared movable assets worth ₹13.38 crore and immovable assets worth ₹185.70 crore. Bhonsle, the 13th descendant of Maratha king Shivaji, has shown liabilities worth ₹1.23 crore from financial institutions.
The family has ₹89 lakh in cash in banks and has made investments worth ₹1.45 crore in shares and PPF accounts. Of them, his wife, Damayantiraje Bhonsle, has bought bitcoins worth Rs10 lakh, but their market value is now down to ₹4 lakh, states the affidavit.
Bhonsle has also given personal loans of ₹8.16 crore to several people, including his wife and has taken a personal loan of ₹35.69 lakh from the family.
The family owns five cars, including Mercedes-Benz, Ford Endeavour, Audi, Maruti Gypsy and Volkswagen Polo. Bhonsle owns four of them and his wife owns only Volkswagen Polo. The family owns jewellery and bullion worth ₹1.90 crore, comprising diamond sets, necklaces, bajubandh, guluband, etc, many of which are inherited.
{{/usCountry}}The family owns five cars, including Mercedes-Benz, Ford Endeavour, Audi, Maruti Gypsy and Volkswagen Polo. Bhonsle owns four of them and his wife owns only Volkswagen Polo. The family owns jewellery and bullion worth ₹1.90 crore, comprising diamond sets, necklaces, bajubandh, guluband, etc, many of which are inherited.
{{/usCountry}}In immovable assets, the family owns properties worth over ₹185 crore, of which Bhonsle alone owns properties worth ₹157 crore. The family owns vast tracts of land, including agricultural land worth Rs116.85 crore, non-agriculture land worth ₹36.34 lakh, commercial properties worth ₹5.09 crore and residential properties worth ₹27.40 crore.
The family’s assets rose by 231%, compared to the last general elections. In 2014, Bhonsle had declared assets worth around ₹60 crore. The movable assets were worth ₹3.84 crore and immovable assets were worth ₹55.89 crore. He had also declared liabilities of ₹3.12 lakh.