By Swati Reddy
That Allu Aravind, the producer of Ghajini, has had enjoyed a successful career is hugely evident from the assets he has declared in his affidavit. The film producer’s assets (both movable and immovable) are valued at about Rs 24 crore and that of his wife’s at Rs 28 crore. The couple is together sitting on riches such as 2.4 kg gold, a BMW car valued at Rs 94.8 lakh and land worth crores of rupees.
Allu Aravind, brother-in-law of Chiranjeevi and also his right-hand man who is contesting from the Anakapalli (Visakapatnam rural) Lok Sabha constituency, has listed diamonds and gold worth Rs 18.27 lakh and bonds and debentures valued at over Rs 6 crore. His movable assets are valued at over Rs 8 crore and that of his wife’s at over Rs 9 crore. While the amount of available cash with him is a modest Rs 3.74 lakh, he has disclosed Rs 5.98 lakh as his deposits in banks and financial institutions. While his investments in shares and debentures are in crores of rupees, he also believes in traditional forms of savings having invested Rs 67.76 lakh in postal savings, NSS, LIC etc.
The 62-year-old film producerturned-politician, owns 969 grams of gold (his wife owns about 1.5 kg of gold) and 46.7 carats of diamond. While his jewellery is worth Rs 18.27 lakh, his spouse’s jewellery, which also includes 10 kg silver, is valued at Rs 16 lakh.
His other assets such as claims/interests are valued at Rs 30 lakh, while his wife’s other assets are worth Rs 70 lakh. He has no dependents and his wife does not own a car.
His non-movable assets include properties such as agricultural land, commercial buildings and non-agricultural properties in Hyderabad, Rangareddy district and even Chennai. He owns agricultural land at Kokapet, in Greater Hyderabad, valued at Rs 1.35 crore, a share in vacant land in Chennai valued at Rs 1.45 crore (his wife too owns a share in the same vacant land and that is valued at Rs 4.35 crore). Allu Aravind also owns vacant land worth Rs 1.92 crore at Gachibowli village. He owns non-agricultural land at Madhapur, valued at Rs 75 lakh and a plot in Chennai valued at Rs Rs 2.69 crore.
Allu Aravind, who makes his political debut in this election, also owns a commercial building in Jubilee Hills (worth Rs 5 crore), two residential buildings in Chennai and one apartment in Mumbai, whose current market value is Rs 45 lakh.
The star PRP candidate’s spouse too is the owner of two residential buildings and two apartments in Chennai and Hyderabad. While the worth of her properties is close to Rs 20 crore, Allu Aravind’s immovable assets are worth Rs 15.5 crore.
But Allu Aravind isn’t the only cash-rich candidate and his assets are lower than those of Chiranjeevi, Y S Rajasekhara Reddy’s son Jaganmohan Reddy and even that of TDP chief Chandrababu Naidu.
Film star-turned-politician K Chiranjeevi and his wife Surekha own assets worth Rs 88 crore. The Telugu megastar’s assets are worth more than those of Jaganmohan Reddy and his wife, who declared assets of Rs 77 crore.
The Prajarajyam Party president, who filed his nomination papers in Palakollu assembly constituency in his native West Godavari district on Friday declared that he had immovable assets worth over Rs 30.32 crore and his wife had assets worth Rs 48 crore. In addition, he has movable assets worth over Rs 3.5 crore while his wife’s movable assets are worth over Rs 6.16 crore.
The movable assets of Chiru include Rs 634,521 cash, Rs 21 lakh deposits, Rs.1.12 crore bonds and shares, a Honda CRV car worth Rs 8,27,150 and gold worth Rs 1.95 cr. The immovable assets of the PRP president include his Jubilee Hills residence here worth Rs 14.36 crore, a house in Chennai worth over Rs 2 crore, land at four different places including Hyderabad and Chennai valued at over Rs 13 crore.
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