Advani has assets worth over Rs 3.5 crore

Image
Press Trust of India Gandhinagar
Last Updated : Jan 20 2013 | 8:02 PM IST

BJP's prime ministerial candidate L K Advani today declared that his and his family's assets are over Rs 3.5 crores, including two flats in Gurgaon and a house here.

In his affidavit before the district election officer, the saffron leader declared that his two flats in Gurgaon are worth Rs 92.5 lakhs each, while his house in Gandhinagar is valued at Rs 50 lakhs.  He has deposits of Rs 67.56 lakh, while his wife has deposits of Rs 36.56 lakh.

The BJP leader also has jewellery worth Rs 16 lakh which he jointly owns with his wife. Advani owns 10 per cent while his wife owns rest 90 per cent.

 Advani has Rs 20,000 in cash while his wife had Rs 5,000.

The BJP leader has no financial liabilities.

Advani has mentioned in his affidavit that the Babri Masjid case is pending against him.

In 2004, Advani had declared assets worth over Rs 1.30 crores.

During the 2004 Lok Sabha elections, Advani had declared deposits worth Rs 12,28,087 in his name and Rs 11,19,356 in his wife's name.

Advani had also declared that he jointly owned jewellery worth Rs 6.5-7 lakh with his wife.

The BJP leader had in 2004 shown three houses in his name, two in Gurgoan worth Rs 30 lakh each and one in Gandhinagar valued at Rs 25 lakh. All the houses put together were at that time valued at Rs 85 lakh.

He also had Rs 14 lakh invested in mutual funds and other government saving schemes.

Advani had Rs 60,000 invested in bonds, shares and debentures, while his wife had Rs 20,000 invested in the same.

The Law Graduate from Bombay University had then declared a liability of Rs 5.54 lakh as loan from IDBI bank.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 08 2009 | 4:34 PM IST

Next Story