Baba Siddique Net Worth 2024: An Insight into His Wealth and Assets

Baba Ziauddin Siddique, a prominent politician and social worker, was tragically shot dead in Bandra last night. The shocking incident happened around 11:30 pm, ending the life of a 66-year-old leader from Bihar.

Baba SiddiqueNet WorthReal EstateLuxury CarsPolitical CareerReal Estate MaharashtraOct 14, 2024

Baba Siddique Net Worth 2024: An Insight into His Wealth and Assets
Real Estate Maharashtra:Baba Ziauddin Siddique, known widely as Baba Siddique, was a notable figure in Indian politics and social service. His tragic death last night in Bandra has sent shockwaves through the community. The multiple gunshot incident occurred around 11 30 pm, bringing to an end the life of this 66-year-old leader from Bihar. Siddique was a well-known politician and social worker, famous for his high-profile events and significant influence.

According to his election affidavit, Baba Siddique's net worth was reported to be around Rs 76 crore. However, the exact extent of his wealth remains a subject of speculation. In 2018, the Enforcement Directorate (ED) seized 33 properties belonging to Siddique, valued at Rs 462 crore. These properties were linked to corruption and money laundering in slum rehabilitation schemes, indicating a much larger wealth than what was officially declared.

Siddique's assets primarily consisted of real estate, luxury cars, and valuable items like gold and jewelry. His real estate portfolio included commercial properties, agricultural plots, and residential properties across Mumbai. His election affidavit listed a range of movable assets, such as cash, bank deposits, and investments in various companies. He had a particular fondness for luxury cars, notably owning a Mercedes-Benz. His collection of gold and diamond jewelry was valued at around Rs 30 crore.

Siddique's political journey began in 1977 when he joined the Congress party, initially with the National Students’ Union of India (NSUI) and then with the Youth Congress. He was elected as a municipal corporator in Mumbai in 1992. In 1999, he was elected as a Member of the Legislative Assembly (MLA) from Bandra West and was re-elected in 2004 and 2009. Throughout his career, he held several ministerial positions in the Maharashtra government, further solidifying his influence and power.

Apart from real estate, Siddique's assets included luxury items like a Mercedes Benz A 180 Sport and a Mercedes Benz S-Class 350 L. His wife, Shehzeen Siddique, also had significant assets, contributing to an even higher total family net worth. Together, they had two children Arshia Siddique and Zeeshan Siddique, who has also ventured into politics, following in his father's footsteps.

Baba Siddique's legacy is complex, marked by both his contributions to the community and the controversies that shadowed his career. His tragic death has left many questions unanswered, and his family and followers are left to grapple with the aftermath of this shocking incident.

Frequently Asked Questions

When and where was Baba Siddique shot?

Baba Ziauddin Siddique was shot dead last night in Bandra around 11:30 pm.

What was Baba Siddique's reported net worth?

According to his election affidavit, Baba Siddique's net worth was reported to be around Rs 76 crore.

What did the Enforcement Directorate (ED) seize from Baba Siddique?

In 2018, the Enforcement Directorate (ED) seized 33 properties belonging to Baba Siddique, valued at Rs 462 crore. These properties were linked to corruption and money laundering.

What kind of luxury cars did Baba Siddique own?

Baba Siddique owned a Mercedes-Benz A 180 Sport and a Mercedes-Benz S-Class 350 L.

What was Baba Siddique's family like?

Baba Siddique was married to Shehzeen Siddique and had two children: a daughter named Arshia Siddique and a son named Zeeshan Siddique, who is also involved in politics.

Related News Articles

Understanding Easement Rights in Real Estate Valuation
real estate news

Understanding Easement Rights in Real Estate Valuation

The Council of Engineers and Valuers (CEV) and CEV IAF RVO have released a helpful video for IBBI Valuation Examination candidates, covering essential legal concepts in property valuation, including easements and ownership structures.

January 19, 2025
Read Article
Sattva and Blackstone Launch REIT to Raise Rs 7,500 Crore in Indian Real Estate Market
Real Estate

Sattva and Blackstone Launch REIT to Raise Rs 7,500 Crore in Indian Real Estate Market

Sattva Group and Blackstone have filed papers for a Real Estate Investment Trust (REIT) named Knowledge Realty Trust, aiming to raise up to Rs 7,500 crore. This move signifies a significant push into the commercial real estate sector in India, focusing on

March 6, 2025
Read Article
HRCSIndia: Transforming Real Estate with Innovative Solutions
Real Estate

HRCSIndia: Transforming Real Estate with Innovative Solutions

The Hyderabad Real Estate Commission (HRCS) has unveiled a groundbreaking platform, HRCSIndia, aimed at revolutionizing the real estate sector. Developed by a local company, HRCSIndia is set to streamline property transactions and enhance transparency in the market.

April 10, 2025
Read Article
Top 5 Affordable International Travel Destinations in 2025, According to Skyscanner
real estate news

Top 5 Affordable International Travel Destinations in 2025, According to Skyscanner

Discover the most budget-friendly international travel destinations for 2025, as identified by Skyscanner, with affordable airfares and a plethora of attractions.

May 17, 2025
Read Article
Mahindra Lifespace Aims for ₹1200 Cr Revenue from Mumbai Housing Redevelopment Projects
Real Estate

Mahindra Lifespace Aims for ₹1200 Cr Revenue from Mumbai Housing Redevelopment Projects

Mahindra Lifespace Developers Ltd has secured two housing redevelopment projects in Mumbai, targeting a revenue of ₹1200 crore. The company is poised to transform aging residential complexes into modern, sustainable living spaces, enhancing the quality of life for residents.

April 2, 2025
Read Article
Maharashtra Proposes New 180m Height Cap for Taller Skyscrapers in Mumbai
Real Estate Maharashtra

Maharashtra Proposes New 180m Height Cap for Taller Skyscrapers in Mumbai

Maharashtra is planning to increase the height limit for high-rises from 120m to 180m, a move that has been met with enthusiasm by the real estate industry. This new proposal could reshape Mumbai's skyline and open up new opportunities for development.

February 5, 2025
Read Article