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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
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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.

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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.