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Vishweshwar Reddy’s family assets jump 410% in 5 years to Rs 4,568 crore

2024-04-22 13:16:24.776000

The family assets of Konda Vishweshwar Reddy, the BJP candidate from Chevella Lok Sabha constituency in Telangana, have increased by 410% in five years, reaching Rs 4,568 crore. In 2019, when he contested as a Congress candidate from the same constituency, he declared assets of Rs. 895 crore. Vishweshwar Reddy was elected to Lok Sabha from Chevella on a TRS (now BRS) ticket in 2014, with family assets of Rs. 528 crore. According to the affidavit submitted by him to the Election Commission while filing his nomination, Vishweshwar Reddy declared movable assets worth Rs 1,178.72 crore, including shares in Apollo Hospital Enterprises Limited worth Rs. 973.22 crore. His wife, K. Sangita Reddy, Joint Managing Director of Apollo Hospital, owns movable assets worth Rs. 3,203 crore, including shares in Apollo Hospitals worth Rs. 1,500.85 crore. She also owns gold ornaments, silver articles, and shares in other listed and unlisted companies. Their dependent son, K. Viraj Madhav Reddy, has movable assets worth Rs. 107.44 crore. The family does not own any vehicles. Vishweshwar Reddy's immovable assets amount to Rs. 71.35 crore, including agricultural and non-agricultural land, commercial and residential buildings in Hyderabad and Ranga Reddy districts. His wife has immovable assets worth Rs. 5.51 crore, while their son's immovable assets are valued at Rs. 1.27 crore. The couple has declared liabilities of Rs. 13.82 crore. Vishweshwar Reddy had an income of Rs. 4.65 crore during 2022-23, and his wife's income for the same period was Rs. 12.43 crore. Vishweshwar Reddy has four criminal cases against him, but he has not been convicted in any of them. [b4aa4b14]

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