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Telangana’s richest candidates are competing against each other in Chevella

Hyderabad: The richest candidates of the three major political parties are locked in an interesting contest in the Chevella Lok Sabha constituency.

With a family wealth of Rs.4,568 crore, the BJP’s Konda Vishweshwar Reddy is the richest among all the candidates for the 17 Lok Sabha constituencies in the state.

The second richest candidate, G. Ranjith Reddy of Congress, is also contesting from Chevella. He has family wealth of Rs.435.49 crore.

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The assets of Konda Vishweshwar Reddy, who unsuccessfully contested on a Congress ticket, have increased by 410 percent in five years, according to the affidavit filed along with his nomination.

In 2019, Konda Vishweshwar Reddy had declared assets of Rs.895 crore. The technology entrepreneur was elected to Lok Sabha from Chevella on a BRS ticket in 2014 and had a family wealth of Rs.528 crore. His wife K. Sangita Reddy, co-director of Apollo Hospital, owns most of the assets.

G. Ranjith Reddy, who was elected from Chevella on a BRS ticket in 2019 but is now contesting as a Congress candidate, had declared a net worth of Rs.163.50 crore five years ago.

Interestingly, BRS’s third richest candidate Kasani Gyaneshwar is also testing his electoral fortunes in Chevella, a constituency covering parts of Hyderabad city and rural areas of adjoining Ranga Reddy District.

Kasani Gyaneshwar has a family wealth of Rs.228.47 crore.

Eight candidates have assets of more than Rs.100 crore. Four of them are from the BJP and three from the BRS.

G Ranjith Reddy is the only Congress candidate in the state with assets of over Rs.100 crore.

K. Madhavi Latha of the BJP, who is contesting from Hyderabad, is the fourth richest candidate in the fray with assets of Rs.221.40 crore.

Nama Nageswara Rao of BRS, who is seeking re-election from Khammam, owns assets worth Rs.155.90 crore.

BB Patil, who was elected from Zahirbad on a BRS ticket but recently joined the BJP, is worth Rs.151.69 crore. His assets in 2019 stood at Rs.128.78 crore.

Kyama Mallesh, the BRS candidate from Bhongir, has a net worth of Rs 145.34 crore.

Arvind Dharampuri of BJP, who is seeking re-election from Nizamabad, has a net worth of Rs. 109.89 crore. In 2019, he had assets of Rs.87.69 crore.

K Krishna Reddy, the BRS candidate from Nalgonda, has declared assets worth Rs.83.66 crore, while Gali Anil Kumar, BRS candidate from Zahirabad, has assets of Rs.82.92 crore.

BJP National Vice President DK Aruna, who is contesting from Mahabubnagar, owns assets of Rs.66.75 crore.

Almost all the candidates of the three main parties are crorepatis. As many as 35 candidates have assets of more Rs.10 crore each. Thirteen of these are from the BJP, 12 from the Congress and 10 from the BRS.

P. Bharat Prasad, the BJP candidate from Nagarkurnool, has declared assets worth just Rs.33.85 lakh.

He is the son of incumbent MP P. Ramulu, who was elected on a BRS ticket in the 2019 elections. The father-son duo recently defected to the BJP.

A total of 525 candidates are in the fray for 17 Lok Sabha seats in Telangana. The majority of them are independents and candidates from smaller parties.

Elections for all seventeen seats in the state will take place on May 13.