Devendra Fadnavis: Maharashtra CM's Net Worth and Asset Details
Devendra Fadnavis, the newly appointed Chief Minister of Maharashtra, has a total net worth of Rs 5.25 crore as per his latest affidavit. This includes Rs 56.07 lakh in movable assets and Rs 4.68 crore in immovable assets.
Devendra FadnavisMaharashtra CmNet WorthAsset DetailsPolitical FinanceReal Estate MaharashtraDec 04, 2024
Fadnavis has a detailed breakdown of his financial holdings. His movable assets include cash in hand of Rs 23,500, bank deposits worth Rs 2,28,760 (Rs 2.28 lakh), and investments in NSS, Postal savings, and insurance policies totaling Rs 20,70,607 (Rs 20.70 lakh). Additionally, he owns 450 grams of gold, valued at Rs 32,85,000 (Rs 32.85 lakh) at a rate of Rs 73,000 per 10 grams. He also holds agricultural lands in Chandrapur and residential properties in Nagpur.
Interestingly, Fadnavis does not have any investments in stocks, bonds, or mutual funds in his name. However, his wife, Amruta Devendra Fadnavis, has a significant financial portfolio. She owns Rs 6,96,92,749 (Rs 6.96 crore) in movable assets and Rs 95,29,000 (Rs 95.29 lakh) in immovable assets. Her portfolio includes 49 stocks, with notable holdings in companies like Axis Bank Ltd, GAIL Ltd, Larsen & Toubro Ltd, Reliance Industries Ltd, and Federal Bank, worth Rs 4,36,56,553 (Rs 4.36 crore). She also has investments in seven mutual fund schemes, including Nippon India ELSS Tax Saver, HDFC Flexi Cap, Bandhan Core Equity, Nippon India Large Cap, Axis Bluechip, IClCI Pru Multicap, and Franklin India Smaller Companies, totaling Rs 1,26,02,478 (Rs 1.26 crore).
The BJP-led Mahayuti alliance has recently swept the Maharashtra elections by a significant margin, winning 233 out of 288 seats. This is the best performance by an alliance in Maharashtra since 1990, surpassing the BJP’s previous record of 122 seats won in the 2014 state elections.
Fadnavis is set to take the oath of office at 5 pm tomorrow, an event expected to be attended by Prime Minister Narendra Modi and a large number of VVIPs and supporters. Fadnavis previously served as the Chief Minister of Maharashtra from October 2014 to November 2019 and more recently as the leader of the opposition in the Maharashtra Legislative Assembly.
Frequently Asked Questions
What is Devendra Fadnavis's total net worth as per his October 2024 affidavit?
Devendra Fadnavis's total net worth as per his October 2024 affidavit is Rs 5,25,03,867 (Rs 5.25 crore).
How much cash does Devendra Fadnavis have in hand?
Devendra Fadnavis has Rs 23,500 in cash in hand.
What is the value of Devendra Fadnavis's gold ornaments?
Devendra Fadnavis's gold ornaments are valued at Rs 32,85,000 (Rs 32.85 lakh).
How many seats did the BJP-led Mahayuti alliance win in the recent Maharashtra elections?
The BJP-led Mahayuti alliance won 233 out of 288 seats in the recent Maharashtra elections.
When is Devendra Fadnavis scheduled to take the oath of office?
Devendra Fadnavis is scheduled to take the oath of office at 5 pm tomorrow.
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