Devendra Fadnavis Net Worth: Unveiling the Assets of Maharashtra's New Chief Minister
Devendra Fadnavis, unanimously chosen as the legislative party leader by the BJP, is set to take oath as the chief minister of Maharashtra. Here’s a detailed look at his net worth and other significant details.
Devendra FadnavisMaharashtra CmBjpNet WorthPolitical AffidavitReal Estate MaharashtraDec 04, 2024
A Look at Devendra Fadnavis’ Net WorthIn his election affidavit submitted in October 2024 ahead of the Maharashtra Assembly polls, Devendra Fadnavis disclosed movable and immovable assets amounting to Rs 13.27 crore. Fadnavis, a two-time former chief minister, reported a total income of Rs 79.3 lakh in 2023-24, marking a decrease from the previous year’s income of Rs 92.48 lakh.
He declared movable assets of Rs 56.07 lakh in his name, Rs 6.96 crore in his wife Amruta Fadnavis' name, and Rs 10.22 lakh in his daughter's name. The senior BJP leader has Rs 23,500 cash in hand, while his wife has Rs 10,000, according to the poll affidavit.
His deposits in bank accounts, including term deposits and deposits in financial institutions, NBFCs, and cooperative societies, amount to Rs 2.28 lakh, while that of his wife stands at Rs 1.43 lakh. Fadnavis has not invested in bonds, debentures, shares, or mutual funds but has invested Rs 20.70 lakh in NSS, postal savings, insurance policies, and financial instruments. His wife, on the other hand, has invested Rs 5.62 crore in bonds, debentures, shares, and mutual funds.
He has 450 grams of gold ornaments worth Rs 32.85 lakh, while his wife owns 900 grams of gold ornaments worth Rs 65.7 lakh. In terms of real estate, Fadnavis declared immovable assets of Rs 4.69 crore in his name, including agricultural land in Chandrapur, a residential building in Dharampeth in Nagpur, and several other properties. His wife's immovable assets are valued at Rs 95.29 lakh.
The affidavit shows that Fadnavis has no loans from banks or financial institutions but owes his wife Rs 62 lakh. Fadnavis expressed his gratitude to the BJP legislators for reposing their trust in him and attributed the thumping victory of the ruling Mahayuti alliance in the November 20 assembly elections to the mantra of “Ek hai toh safe hai” given by PM Modi.
Political and Success in MaharashtraIn the recent Maharashtra polls, the BJP secured a remarkable success by bagging 132 out of the 288 assembly seats in the state, marking its best performance in the state so far. Together with its allies, the Shiv Sena led by Eknath Shinde and Ajit Pawar's NCP, the BJP-led Mahayuti coalition has a commanding majority of 230 seats.
The appointment of Devendra Fadnavis as the chief minister is a significant step for the BJP and the state of Maharashtra. It reflects the party's strong political stance and the trust reposed in Fadnavis's leadership. Fadnavis is known for his experience and dedication to public service, and his reappointment is expected to bring stability and progress to the state.
Frequently Asked Questions
When will Devendra Fadnavis be sworn in as the chief minister of Maharashtra?
Devendra Fadnavis will be sworn in as the chief minister of Maharashtra on Thursday at Mumbai's Azad Maidan.
What is the total net worth of Devendra Fadnavis according to his election affidavit?
According to his election affidavit, Devendra Fadnavis declared movable and immovable assets amounting to Rs 13.27 crore.
Who was the central observer of the BJP during the legislature party meeting?
The central observer of the BJP during the legislature party meeting was former Gujarat CM, Vijay Rupani.
How many assembly seats did the BJP secure in the recent Maharashtra polls?
The BJP secured 132 out of the 288 assembly seats in the recent Maharashtra polls.
What is the total immovable asset value declared by Devendra Fadnavis?
Devendra Fadnavis declared immovable assets amounting to Rs 4.69 crore, including agricultural land in Chandrapur and a residential building in Dharampeth in Nagpur.
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