Maharashtra's Richest Candidates: Wealthiest Contestants in the 2023 Assembly Elections

As the Maharashtra Assembly elections draw near, the scrutiny of candidates' financial backgrounds has intensified. Here’s a list of the wealthiest contestants vying for seats in the upcoming polls.

Maharashtra ElectionsRichest CandidatesFinancial DeclarationsPolitical WealthElection AssetsReal Estate MaharashtraOct 28, 2024

Maharashtra's Richest Candidates: Wealthiest Contestants in the 2023 Assembly Elections
Real Estate Maharashtra:With the Maharashtra Assembly elections just around the corner, the focus has shifted to the financial declarations of the candidates. The affidavits filed by the contestants have revealed some interesting insights into their wealth and assets.

Bharatiya Janata Party (BJP) candidate Mangal Prabhat Lodha, from the Malabar Hill constituency, has emerged as the wealthiest candidate. His total property is worth a staggering ₹447 crore, a marginal increase of 1.21 per cent from ₹441.65 crore in 2019. Lodha’s assets include movable property valued at ₹228 crore and immovable property worth ₹218 crore.

Rahul Narwekar, the BJP nominee from the Colaba seat and the current Maharashtra Assembly Speaker, has also made it to the list of the richest candidates. His total property is valued at ₹129.80 crore, making him the third wealthiest contestant.

On the other hand, Deputy Chief Minister Devendra Fadnavis, who is contesting from Nagpur South West for the sixth term, is the seventh richest candidate with a total property worth ₹13.27 crore. Fadnavis has been a prominent figure in Maharashtra's political landscape, known for his leadership and administrative skills.

Here’s a list of the top richest candidates across parties

1. Mangal Prabhat Lodha (BJP) - ₹447 crore (Malabar Hill seat)
2. Pratap Sarnaik (Shiv Sena) - ₹333.32 crore (Ovala Majiwada seat)
3. Rahul Narwekar (BJP) - ₹129.80 crore (Colaba seat)
4. Subhash Bhoir (Shiv Sena-UBT) - ₹95.51 crore (Kalyan Rural seat)
5. Jitendra Awhad (NCP-SP) - ₹83.14 crore (Mumbra-Kalwa seat)
6. Najeeb Mulla (NCP) - ₹76.87 crore (Mumbra-Kalwa seat)
7. Devendra Fadnavis - ₹13.27 crore (Nagpur South West)
8. Ashish Shelar (BJP Maha Chief) - ₹40.47 crore (Bandra West)
9. Sulabha Gaikwad (BJP) - ₹2.21 crore (Kalyan East)
10. Raju Patil (MNS) - ₹24.79 crore (Kalyan Rural)
11. Aaditya Thackeray (Shiv Sena-UBT) - ₹23.43 crore (Worli)

The Maharashtra Assembly elections are scheduled for November 20, with the counting of votes for all 288 constituencies set to take place on November 23. This election is crucial for the political landscape of the state, as it will determine the direction of governance and development in Maharashtra.

In the 2019 assembly elections, the BJP won 105 seats, the Shiv Sena 56, and the Congress 44. The BJP had a significant lead in 2014, securing 122 seats, while the Shiv Sena won 63 and the Congress 42.

The wealth of these candidates not only reflects their personal financial standing but also the resources they can bring to their constituencies. As the election campaigns heat up, these financial declarations will play a crucial role in shaping public opinion and voter choices.

Frequently Asked Questions

Who is the richest candidate in the Maharashtra Assembly elections?

Mangal Prabhat Lodha from the Malabar Hill constituency, with a total property worth ₹447 crore.

What is the total property value of Rahul Narwekar?

Rahul Narwekar, the BJP nominee from the Colaba seat, has a total property value of ₹129.80 crore.

How many seats are up for grabs in the Maharashtra Assembly elections?

There are 288 seats up for grabs in the Maharashtra Assembly elections.

When is the counting of votes for the Maharashtra Assembly elections scheduled?

The counting of votes for the Maharashtra Assembly elections is scheduled for November 23.

How many seats did the BJP win in the 2019 Maharashtra Assembly elections?

The BJP won 105 seats in the 2019 Maharashtra Assembly elections.

Related News Articles

Vile Parle West: A Hub for Real Estate Activity in Mumbai
Real Estate

Vile Parle West: A Hub for Real Estate Activity in Mumbai

In June, Vile Parle West witnessed significant real estate activity, led by Pratap Elegance, Himanshu Mandar CHS, and Shanti Kunj Apartment, offering a range of housing options for buyers.

July 28, 2024
Read Article
Biophilic Design: Bringing Nature Indoors with Laila Malpani
Real Estate

Biophilic Design: Bringing Nature Indoors with Laila Malpani

Laila Malpani, founder of Laila Malpani Design, shares her expertise on Biophilic Design in Modern Real Estate: Trends and Transformation, highlighting the importance of connecting with nature in interior design.

August 3, 2024
Read Article
President Muizzu Welcomes Investment in Tourism, Real Estate, and Infrastructure
real estate news

President Muizzu Welcomes Investment in Tourism, Real Estate, and Infrastructure

President Muizzu expressed keen interest in welcoming investments in the tourism, real estate, and infrastructure sectors. He also welcomed film and tele-serial makers to the country.

October 8, 2024
Read Article
Mumbai: Real Estate Developers Applaud BMC's Decision to Suspend Construction in Polluted Areas
Real Estate Mumbai

Mumbai: Real Estate Developers Applaud BMC's Decision to Suspend Construction in Polluted Areas

The real estate sector in Mumbai has welcomed the BMC's decision to pause construction in areas with poor air quality, highlighting the move's potential to reduce environmental impact.

December 31, 2024
Read Article
Maharashtra Seals Mega Deals Worth Rs 15.70 Lakh Crore at WEF Davos
Real Estate Maharashtra

Maharashtra Seals Mega Deals Worth Rs 15.70 Lakh Crore at WEF Davos

The Maharashtra government has signed significant Memorandums of Understanding (MoUs) worth Rs 15.70 lakh crore at the World Economic Forum (WEF) in Davos. These investments span various sectors, including petrochemicals, renewable energy, and real estate

January 22, 2025
Read Article
Sustainability Meets Luxury: The Rise of Biophilic Design in Modern Real Estate
Real Estate Mumbai

Sustainability Meets Luxury: The Rise of Biophilic Design in Modern Real Estate

Discover how biophilic design is transforming the ultra-luxury real estate market, particularly in the NCR region, by integrating nature and sustainability into modern living spaces.

March 10, 2025
Read Article