Nirmala Sitharaman property declaration: A Bajaj scooter, a co-owned house, Rs 1.6 lakh in PPF....
Nirmala Sitharaman reported total assets valued at Rs 2.53 crore in 2022, consisting of immovable property worth Rs 1.87 crore and movable property totaling Rs 65.55 lakh, as per her assets and liabilities declaration as a Rajya Sabha member. However, she also disclosed liabilities amounting to Rs 26.91 lakh. It's likely that these figures have undergone changes over the past couple of years due to her investments or loan repayments.
Interestingly, Sitharaman recently mentioned during a media event that she opted out of contesting in the forthcoming Lok Sabha elections due to a lack of sufficient funds required for campaigning.
Sitharaman's primary asset is a residential property in Manchirevula near Hyderabad, co-owned with her husband Dr. Parakala Prabhakar. A comparison between her publicly declared assets in 2016 and 2022 shows that the valuation of this property went up from Rs 99.36 lakh in 2016 to Rs 1.7 crore in 2022.
Additionally, she possesses non-agricultural land in Kuntloor valued at Rs 17.08 lakh, which was previously assessed at Rs 16.02 lakh in 2016.
In both the 2016 and 2022 declarations, Sitharaman listed ownership of a Bajaj Chetak scooter, which she purchased for Rs 28,200. Notably, she did not declare ownership of a car. In 2016, she disclosed ownership of 315 grams of gold valued at Rs 7.87 lakh at the time.
