Sharad Pawar declares property worth Rs 32.16 cr

Union Agriculture Minister Sharad Pawar and Nationalist Congress Party (NCP) president Sharad Pawar on Friday declared movable and immovable property worth Rs 32.16 crore in his and his wife, Pratibha's name and HUF (Hindu Undivided Family), as he filed Pawar nomination papers for the Rajya Sabha election at the Vidhan Bhavan in Mumbai.

Of the Rs 32.16 crore assets, movable assets are of the order of Rs 20.51 crore, while the balance Rs 11.65 crore are immovable assets.

Of the movable assets, Rs 5.06 crore are in Pawar’s name, Rs 13.37 crore are in his wife Pratibha's name and Rs 2.03 crore are under the HUF. Pawar's deposits in banks, FIs and cooperative societies are worth Rs 2.81 crore and his investments in bonds, shares and other instruments are Rs 38.15 lakh. He owns jewellery worth Rs 29.92 lakh, while his wife Pratibha has jewellery of Rs 12.50 lakh and HUF worth Rs 12.37 lakh.

Of the Rs 11.65 crore immovable assets, he owns properties worth Rs 4.22 crore currently, his wife owns Rs 2.59 crore and Rs 4.77 crore are for the HUF.

He does not own any vehicle and his liabilities have been shown as nil in Friday's declaration.

In March 2011, Pawar had declared assets worth Rs 12.44 crore as shown on the website of the Prime Minister's Office. With Friday's declaration, Pawar's assets have risen by 158 per cent.

During the 2009 Lok Sabha elections, Pawar had declared property worth Rs 8.73 crore, against Rs 3 crore declared in 2004.

Meanwhile, NCP's other nominee Majid Memon has declared assets worth Rs 23.80 crore and liabilities worth Rs 1.62 crore. This apart, Shiv Sena nominee R N Dhoot has declared property worth Rs 19.36 crore and liabilities of Rs 1.65 crore. Besides, Pune-based builder Sanjay Kakde, who has filed as an independent candidate, has declared property of Rs 437 crore and liabilities of Rs 305 crore.