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HomeNewsIndiaMeet Maharashtra's richest candidate whose assets grew 575% to Rs 3,383.06 crore

Meet Maharashtra's richest candidate whose assets grew 575% to Rs 3,383.06 crore

In the last 5 years, Shah's assets swell by a whopping 575 percent. In the 2019 assembly elections, his property was Rs 550.62 crore.

October 30, 2024 / 23:17 IST
Parag Shah has declared assets worth Rs 3,383.06 crore. (Courtesy: X | @ParagShahBJP)

Parag Shah has declared assets worth Rs 3,383.06 crore. (Courtesy: X | @ParagShahBJP)

Parag Shah, BJP's candidate from Maharashtra's Ghatkopar East seat, has declared assets worth Rs 3,383.06 crore. This makes him the wealthiest candidate contesting the upcoming Maharashtra assembly polls.

The sitting MLA, in his affidavit, declared movable assets worth Rs 3,315.52 crore and immovable assets worth Rs 67.53 crore.

A real estate developer, Parag Shah holds a bachelor's degree in Commerce (BCom). He founded Man Infraconstruction Ltd in 2002 and later joined politics with the intention of serving the community from a bigger platform. He was elected as a BJP Municipal Councillor from Ghatkopar East, Ward No.132 in February 2017.

Nearly 8,000 candidates, including those from major political parties in the ruling Mahyuti as well as the opposition Maha Vikas Aghadi (MVA), filed nominations for the 288 assembly seats in Maharashtra. Elections in the state will be held on November 20 and the votes will be counted on November 23.

While the ruling BJP is contesting 148 assembly seats in Maharashtra, the Congress is contesting 103 seats.

Maharashtra Chief Minister Eknath Shinde-led Shiv Sena has fielded candidates in 80 seats, while deputy CM Ajit Pawar's NCP has nominated 53 contestants for the upcoming polls. While five seats have given to other Mahayuti allies, no decision has been taken on two segments.

In the MVA, the Congress is contesting 103 seats followed by the Uddhav Thackeray-led Shiv Sena (UBT) 89 and Sharad Pawar's NCP (SP) 87 seats. While six seats have been given to other MVA allies, there is no clarity on three assembly segments.

Moneycontrol News
first published: Oct 30, 2024 10:00 pm

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