02-Apr-2024 12:44 PM
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Bengaluru, Apr 2 (Reporter) Venkataramane Gowda, the Congress candidate from Mandya Lok Sabha seat, has declared his assets, primarily comprising movable and immovable properties, totalling Rs 223 crore.
His assets include developed property, land, commercial buildings, and residential buildings. Additionally, he owns Star Infratech.
Gowda's assets are primarily in the form of real estate and bank accounts, amounting to Rs 29.94 crore. However, he holds relatively little cash and no jewelry or valuables. Notably, he also has significant liabilities, with bank loans totaling Rs 31.37 crore, impacting his overall net worth and financial position.
His wife, Kusuma Krishnegowda, a businesswoman, owns movable assets worth Rs 182 crore, immovable assets worth Rs 62.55 crore, and developed immovable property worth Rs 6.80 crore.
Her movable assets include self-acquired assets worth Rs 127 crore and inherited property worth Rs 19.93 crore. She also owns commercial buildings worth Rs 36.39 crore and residential buildings worth Rs 16.09 crore.
Kusuma has bank loans amounting to Rs 2.21 crore. Additionally, she possesses 4,200 grams of gold jewelry worth Rs 2.29 crore, 71 carats of diamonds worth Rs 15.08 lakh, and 25.6 kg of silver valued at Rs 21.50 lakh. However, her cash holdings amount to only Rs 1.90 lakh.
Gowda and his wife jointly own properties and investments, including movable self-acquired assets worth Rs 25.27 crore, inherited property worth Rs 81 lakh, Rs 50.45 lakh in banks, and a loan of Rs 6.50 crore under Hindu Undivided Family (HUF). While Gowda has a housing loan of Rs 5.55 crore, they both have loans totaling Rs 17.88 crore taken from individuals...////...