HP polls: 3 of prime 5 richest candidates come from political households

Two billionaires and three candidates, who belong to political dynasties, are among the many 5 richest candidates within the fray for the Himachal Pradesh elections, that are slated to be held on November 12.

Sitting legislator and BJP candidate from the Chopal meeting section Balbir Singh Verma, popularly generally known as Bittu Verma, has the excellence of being the richest candidate with belongings price 125 crore. A builder, horticulturist and hotelier, Verma owns movable belongings price 4.3 crore, whereas his spouse owns belongings price 35 lakh.

The worth of his immovable belongings is a whooping 122 crore, of which property price 18 crore is inherited. Verma, who additionally owns a petroleum pump, can also be keen on luxurious automobiles and his fleet features a Mercedes Benz, BMW and Vary Rover, in addition to a Mahindra Jeep.

Apparently, he has pending dues amounting to 5.27 crore, which incorporates 1.95 crore GST and 21.9 lakh municipality tax. His liabilities embody 16.14 crores in financial institution loans and 1.65 crore unsecured loans. He has additionally acquired 27.93 crore as advance fee from the allottees in opposition to 74 flats.

The second richest candidate is Vikramaditiya Singh, Shimla (rural) MLA and son of former six-time chief minister Virbhadra Singh, who owns immovable and movable property price 101 crore. He holds particular person movable belongings price 6.97 crore and 4.08 crore in household belongings. His immovable property is valued at 90.3 crore.

The scion of Bushahr royal household has seven circumstances pending in opposition to him in several courts, together with one ED case. He owns Toyota Fortuner, Ford Endeavour and Marutizi Ignis automobiles.

Raghurbir Singh Bali, son of former minister and veteran Congress chief Gurmukh Singh Bali third on the record.

A candidate from Nagrota Bagwan constituency, which was the political fortress of his father, who handed away final 12 months, Bali’s internet price is estimated at 92.3 crore.

He owns movable belongings price 13.06 crore, whereas his spouse and son personal belongings price 1.57 crore and 26.08 lakh, respectively. He additionally owns 5 automobiles, together with Mercedes M Class, Volkswagen Tiguan, Honda Accord, Tata Hexa and Tata Nano, in addition to one Hero Splendor bike.

His immovable belongings are valued at 75.3 crore, of which property price 30 crore is self-acquired, and the remainder is inherited. This largely contains agricultural land and industrial buildings. Bali’s spouse owns immovable belongings price 2.16 crore. His liabilities quantity to 6.18 crore, largely within the type of financial institution loans.

Congress’ Chopal candidate and state organisational secretary Rajeesh Kima can also be on the record of richest candidates with a internet price of 31.2 crore. He movable belongings are price 37.89 lakh, whereas his spouse and daughter’s belongings have been valued at 2.31 crore and 30 lakh, respectively.

He owns a Honda Metropolis automobile, whereas his spouse owns a Toyota Fortuner and Mercedes Automobile. A Toyota Innova Automobile can also be registered to his daughter’s title.

Kimta’s immovable belongings are price 22 crore, whereas his spouse owns immovable property price 6.25 crore.

On the fifth place is sitting Palampur legislator Ashish Butail, whose internet price is 30.1 crore. His immovable belongings are price 69.19 lakh, whereas his spouse’s belongings are valued at 16.61 lakh.

Butail is the son of former speaker and veteran Congress chief BBL Butail. His immovable property is valued at 27.62 crore, whereas his spouse additionally owns property price 1.62 crore.

A tea planter by occupation, Butail owns three automobiles, together with a Toyota Innova, Toyota Fortuner, Mahindra Thar and two scooters.


    Naresh Ok Thakur is a workers reporter in Hindustan Instances’ Himachal bureau. Based mostly at Dharamshala, he covers Tibetan affairs, native politics and environmental points.
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