Election Commissioners declares immovable assets

Election Commission Chief S Y Quraishi and other two Election Commissioners V S Sampath and H S Brahma made public their immovable properties. It is mandatory for those contesting elections to make public their assets in cash and properties. Likewise the CEC has set an example and went further and listed the source of funds. The information is available on website of the Election Commission of India.

Quraishi owns three plots, one each in Gurgaon, Greater Noida and Agra, according to the statement of immovable property released by the Election Commission.

HUDA had allotted a 500 sq yds plot valued at Rs 63,089 at Sector 17 of Gurgaon to Quraishi way back in 1980, whose present value is pegged at Rs 1.75 crore.

The CEC also purchased a 350 sq yds plot in Greater Noida in 2006 for Rs 36 lakhs from the retirement benefits, provident fund and through bank loans, the statement said.

Quraishi also booked a 525 sq yds plot at Agra and paid Rs eight lakhs from his savings.

Sampath has a 436.6 sq m property in Banjara Hills in Hyderabad, which he bought in 1986 for Rs 47,009 and which is currently valued at approximately Rs 200 lakh. It has been given on commercial lease, and earns a rental income of Rs 7,50,000 per annum. A second property 418.05 sq m is in Ranga Reddy district of Andhra Pradesh, with a house on it. He acquired it in 1991 for Rs 68,500, and is currently valued at Rs 95 lakh. It earns a lease rental of Rs 3,60,000 per annum. His third property is an apartment of 1,957 sq ft in Hyderabad, which is presently vacant.

Brahma has 40 bigha ancestral agricultural land in Assam currently valued at Rs 8 lakh, and an ancestral house on a 1 bigha plot, valued at Rs 5 lakh. He has also declared a house on a 1,900 sq yard plot in Jubilee Hills, Hyderabad, worth Rs 380 lakh approximately, rented out at Rs 1 lakh per month.

Leave a Reply

Your email address will not be published. Required fields are marked *