Eknath Shinde's Net Worth: Rs 31 Crore... - Assets, Liabilities Of Maharashtra Ex-Chief Minister

Eknath Shinde, Shiv Sena leader and former Chief Minister of Maharashtra, has disclosed his assets and financial details in an affidavit filed before the 2024 Maharashtra state elections. 

Devendra Fadnavis is poised to become Maharashtra's Chief Minister for the third time after the Mahayuti alliance's resounding success in the state elections. The oath-taking ceremony is scheduled for 5:30 PM today, with speculation suggesting that Eknath Shinde may be named the Deputy Chief Minister.

Eknath Shinde Net worth 
Shinde’s financial declaration offers a comprehensive view of his wealth and liabilities, underscoring his and his family's economic standing amid the evolving political landscape. We calculated an estimated net worth of Shinde including all of his assets which stands approximately Rs. 31.89 crore.

Eknath Shinde Income 
For the financial year 2023-24, Shinde declared an annual income of Rs 34,81,135, while his wife, Lata Shinde, reported an income of Rs 15,83,972.

Eknath Shinde Movable Assets
The Shinde family’s movable assets include:
Cash Holdings: Shinde has Rs 2,600, while Lata holds Rs 2 lakh.

Bank Deposits: The couple’s combined deposits in banks and financial institutions amount to Rs 1.6 crore.

Investments: Shinde holds bonds, debentures, and company shares worth Rs 50,500. Additionally, Lata Shinde has given a personal loan to him amounting to Rs 4.55 crore.

Vehicles: Their motor vehicle collection, valued at Rs 75.32 lakh, includes models like the Mahindra Bolero, Toyota Innova, and Mahindra Scorpio.

Jewelry: Shinde and his wife own jewelry valued at Rs 49.68 lakh, with Shinde’s portion worth Rs 7.92 lakh and Lata’s totalling Rs 41.76 lakh.

Other movable assets, including claims and interests, stand at Rs 97.40 lakh for the couple.

Eknath Shinde Immovable Assets
Shinde's real estate holdings are substantial, comprising:
Agricultural Land: Valued at Rs 49.5 lakh.

Non-Agricultural Land: Worth Rs 27.04 crore.

Commercial Properties: A commercial building in Thane valued at Rs 32 lakh.

Residential Properties: Residential buildings in Thane worth Rs 60.5 lakh.

Eknath Shinde Liabilities
Despite significant assets, Shinde’s affidavit reveals considerable liabilities:
Lata Shinde has a loan from the State Bank of India amounting to Rs 8.81 crore. Lata also has two additional loans of Rs 15 lakh and Rs 48 lakh, respectively.
Shinde owes Rs 4.55 crore in personal loans to his life, along with Rs 4 lakh and Rs 69 lakh due to two individuals. Other liabilities for the couple total Rs 55 lakh.