Declared net worth
₹46.66 Cr
Since last election
+94.1%
Pending cases
Not observed in this extraction version
Convictions
Not observed in this extraction version
Wealth & income over time
| Election | Constituency | Result | Assets | Liabilities | Net worth | Income |
|---|---|---|---|---|---|---|
| Lok Sabha Election-May-2019 | Machilipatnam | won | ₹99.06 Cr | ₹75.01 Cr | ₹24.04 Cr | ₹1.54 Cr |
| Lok Sabha General Election 2024 | Machilipatnam | won | ₹133.72 Cr | ₹87.06 Cr | ₹46.66 Cr | ₹1.13 Cr |
Latest affidavit
Total assets
₹133.72 Cr
Total liabilities
₹87.06 Cr
Net worth
₹46.66 Cr
Education
- Post Graduate, MA Political Science from Andhra Pradesh University Visakhapatnam in 2014
self, Balashowry Vallabhaneni (Winner)
Business/Member of Parliamanet
Movable assets
- Cash Cash ₹1.03 L
- Deposits in Banks, FIs and NBFCs Union Bank SME Branch Guntur ₹3.90 L
- Deposits in Banks, FIs and NBFCs Union Bank-New Delhi ₹26,388.00
- Deposits in Banks, FIs and NBFCs Union Bank-Gachibowli ₹11,334.00
- Deposits in Banks, FIs and NBFCs Axis Bank Delhi ₹35,140.00
- Deposits in Banks, FIs and NBFCs Axis Bank Hyderabad ₹2.29 L
- Deposits in Banks, FIs and NBFCs Canara Bank Secunderabad ₹1.17 L
- Deposits in Banks, FIs and NBFCs HDFC Bank Banjarahills ₹3,178.00
- Deposits in Banks, FIs and NBFCs State Bank of India New Delhi ₹7.89 L
- Deposits in Banks, FIs and NBFCs Canara Bank Secunderabad ₹77,893.00
- Deposits in Banks, FIs and NBFCs Union Bank SCF Branch Hyd ₹22,904.00
- Deposits in Banks, FIs and NBFCs Axis Bank Machilipatam ₹47.00 L
- Bonds, Debentures and Shares Anudeep Carbonates (P) Ltd., Bhadravathi ₹21.12 L
- Bonds, Debentures and Shares Balabhanu Enterprises (P) Ltd, Hyderabad ₹98.00 L
- Bonds, Debentures and Shares Kinteta Global Ltd, Hyderabad ₹30.30 Cr
- Bonds, Debentures and Shares Kineta International Pte Ltd, Singapore ₹6.14 L
- Bonds, Debentures and Shares Thermodyne Dynamics (P)Ltd, Hyd ₹1.91 L
- Bonds, Debentures and Shares Terra Pellets Pvt Ltd ₹50,000.00
- LIC / Insurance Policies Insurance Policies ₹48.19 L
- Personal Loans / Advances Given Arun Chemicals Industries, Bagalkot ₹10.80 L
- Personal Loans / Advances Given Advance for land ₹1.97 Cr
- Personal Loans / Advances Given Akruthi Projects ₹45.00 L
- Personal Loans / Advances Given Delhi Development Authority ₹3.00 L
- Personal Loans / Advances Given Indira Legislative Mutual Aided Co-Op. Housing Society ₹15.00 L
- Personal Loans / Advances Given Ursa Solar Projects Pvt Ltd ₹1.95 Cr
- Personal Loans / Advances Given Security Deposit with APSEB ₹1.38 L
- Motor Vehicles Innova-DL 10CE4336/2013 ₹16.27 L
- Motor Vehicles Maruti DL 3CBU4419/2012 ₹9.47 L
- Jewellery, Bullion, etc. Gold 250gms ₹17.50 L
- Jewellery, Bullion, etc. Silver 5kgs ₹4.25 L
Immovable assets
- Agricultural Land Revenue Estate of Village Samaspur Khalsa, Tehsil Najafgarh, Dist South-West New Delhi, 35/1/1(1-12), 36/2/2/(2-5),394-16),4 (4-16),5(4-16),27(0-3) Dt-10.05.2007, 29.06.2007, 23.04.2007,21.04.2007,71.04,2001,10.10.2007,27.05.2008. ₹23.50 Cr
- Agricultural Land Total Area ₹5.17 Cr
- Agricultural Land l/l2th share of Undivided land in Tadepalli Village, Guntur District Sy. Nos,357-C2, syn o-347-9-1, 347-9-2,347-10-1,347-10-2,347-10-3,347-12,347-13,347-14,356 ₹11.44 Cr
- Residential Buildings Flat in Saikrishna Residency, Brundavan Colony, Labbipet, Vijayawada Flat No.4 Survey No 29/1 ₹72.76 L
- Residential Buildings Total Area ₹1.14 Cr
- Residential Buildings Built Up Area ₹9.55 Cr
- Residential Buildings Whether Inherited ₹6.75 Cr
- Residential Buildings Purchase Date ₹2.68 Cr
- Residential Buildings Purchase Cost ₹2.44 Cr
Liabilities
- Loans from Banks / Financial Institutions Loans from Banks / FIs to Union Bank ₹63.93 L
- Loans from Banks / Financial Institutions Loans from Banks / FIs to Axis Bank ₹4.59 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Kineta Global Limited ₹24.70 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Kineta Power Ltd, Hyderabad ₹9.14 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Anudeep Carbonates (P) Ltd Bhadravathi ₹91.12 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Balabhanu Enterprises (P) Ltd Hyderabad ₹11.73 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Azoop Infra Developers ₹25.00 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Deccan Infrastructure ₹1.14 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Pragna Associates Vizag ₹50.00 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Thermodyne Dynamics Pvt Ltd ₹4.40 Cr
- Income Tax Dues Income Tax Dues to Out of the above income tax due Rs-59897490/- is in dispute in appeal at CIT Hyderabad ₹6.19 Cr
- Any Other Dues Whether any other liabilities are in dispute, if so, mention the amount involved and the authority before which it is pending to before the Honorable appellate Tribunal FEMA new delhi ₹25.00 L
Income (ITR)
- 2022-23 ₹8.46 L
- 2021-22 ₹7.70 L
- 2020-21 ₹4.76 L
- 2019-20 ₹5.31 L
- 2018-19 ₹29.21 L
spouse
Business
Movable assets
- Cash Cash ₹52,000.00
- Deposits in Banks, FIs and NBFCs Canara Bank Jubilee hills ₹1.47 L
- Deposits in Banks, FIs and NBFCs Canara Bank Secunderabad ₹78,439.00
- Deposits in Banks, FIs and NBFCs HDFC Bank Banjarahills ₹64,674.00
- Deposits in Banks, FIs and NBFCs Bank of Baroda Visakhapatnam ₹1.77 L
- Deposits in Banks, FIs and NBFCs BOI Hyderabad ₹15,198.00
- Deposits in Banks, FIs and NBFCs Axis Bank Hyderabad ₹88,096.00
- Bonds, Debentures and Shares Anudeep Carbonates (P) Ltd., Bhadravathi ₹16.01 L
- Bonds, Debentures and Shares Balabhanu Enterprises (P) Ltd, Hyderabad ₹98.00 L
- Bonds, Debentures and Shares Kinteta Global Ltd, Hyderabad ₹8.10 Cr
- Bonds, Debentures and Shares BOB Gold Bond ₹3.21 L
- Bonds, Debentures and Shares Thermodyne Dynamics (P)Ltd, Hyd ₹13.25 Cr
- Bonds, Debentures and Shares Sanar Labs ₹18,000.00
- LIC / Insurance Policies Insurance Policies ₹6.12 L
- Personal Loans / Advances Given Arun Chemicals Industries, Bagalkot ₹12.96 L
- Jewellery, Bullion, etc. Gold 450gms ₹31.50 L
- Jewellery, Bullion, etc. Silver 10kgs ₹8.50 L
Immovable assets
- Agricultural Land Avanigadda-427/4,427/7,427/8 ₹31.90 L
- Agricultural Land Total Area ₹3.57 Cr
- Agricultural Land Built Up Area ₹71.50 L
- Agricultural Land Whether Inherited ₹51.00 L
- Agricultural Land Purchase Date ₹45.50 L
- Agricultural Land Syamala Nagar, Guntur, D.No.216/1,217 ₹1.06 Cr
- Residential Buildings Flat no-202, Tottem Banjara Aprt., Road No.14, Banjarahills, Hyderabad Flat No.201 ₹88.43 L
- Residential Buildings Total Area ₹67.64 L
- Residential Buildings Built Up Area ₹46.53 L
- Residential Buildings Whether Inherited ₹64.82 L
Liabilities
- Loans from other than Banks / FIs Loans due to Individual / Entity to Kineta Global Limited ₹17.51 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Anudeep Carbonates (P) Ltd Bhadravathi ₹10.00 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Azoop Infradevelopers ₹2.00 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Deepthi Integrated ₹50.00 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Balabhanu Enterprises (P) Ltd Hyderabad ₹36.19 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Thermodyne Dynamics Pvt Ltd ₹30.75 L
- Income Tax Dues Income Tax Dues to Out of the above income tax due Rs-16879200/- is in dispute before honable High court of Telangana hyderabad ₹1.85 Cr
Income (ITR)
- 2022-23 ₹11.51 L
- 2021-22 ₹13.22 L
- 2020-21 ₹11.39 L
- 2019-20 ₹10.19 L
- 2018-19 ₹11.69 L
Criminal cases (2)
-
pending 188, 427, 506, 153, 34
-
pending 411, 420, 120B(2)
Elections contested
| Election | Constituency | Party | Result | Votes | Share |
|---|---|---|---|---|---|
| Lok Sabha General Election 2024 | Machilipatnam | Jharkhand Party | won | 724,439 | 55.73% |
| Lok Sabha Election-May-2019 | Machilipatnam | Yuvajana Sramika Rythu Congress Party | won | 572,850 | 46.56% |
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Compiled from public disclosures by the Election Commission of India and MyNeta.