All politicians
G. Somasekhara Reddy
Bharatiya Janata Party
Bellary City
Declared net worth
₹27.18 Cr
Since last election
No prior
Pending cases
Not observed in this extraction version
Convictions
Not observed in this extraction version
Wealth & income over time
₹27.18 Cr
| Election | Constituency | Result | Assets | Liabilities | Net worth | Income |
|---|---|---|---|---|---|---|
| Karnataka Vidhan Sabha Election-Apr-May-2023 | Bellary City | lost | ₹65.46 Cr | ₹38.28 Cr | ₹27.18 Cr | ₹2.49 Cr |
Latest affidavit
Total assets
₹65.46 Cr
Total liabilities
₹38.28 Cr
Net worth
₹27.18 Cr
Education
- Post Graduate, Master of Commerce, Gulbarga University - 1988
self, G. Somasekhara Reddy
Business / Politician / Social Worker
Movable assets
- Cash Cash ₹5.68 L
- Deposits in Banks, FIs and NBFCs Union Bank ₹3.31 L
- Deposits in Banks, FIs and NBFCs Axis Bank Ltd ₹8.60 L
- Deposits in Banks, FIs and NBFCs Central Bank of India ₹42,978.00
- Deposits in Banks, FIs and NBFCs Kotak Mahindra Bank Ltd ₹15,287.00
- Deposits in Banks, FIs and NBFCs SBI ₹65.01 L
- Deposits in Banks, FIs and NBFCs SBI, Vidhanasoudha br., Blore ₹6.47 L
- Deposits in Banks, FIs and NBFCs SBI ₹7,547.00
- Deposits in Banks, FIs and NBFCs Syndicate Bank(Karnataka MLA Election Purpose) ₹32,420.00
- Deposits in Banks, FIs and NBFCs Axis Bank Ltd, Fixed Deposit ₹7.22 L
- Deposits in Banks, FIs and NBFCs LIC, Fixed Deposit ₹3.00 Cr
- Deposits in Banks, FIs and NBFCs Syndicate Bank ₹8.59 L
- Deposits in Banks, FIs and NBFCs BOI, Fixed Deposit ₹8.86 L
- Bonds, Debentures and Shares Sviss Towers 50% Share ₹50,000.00
- LIC / Insurance Policies Bajaj Allianz Life Insurance ₹14.96 L
- LIC / Insurance Policies Bajaj Insurance ₹10.00 L
- LIC / Insurance Policies LIC ₹6.93 L
- Personal Loans / Advances Given Bharathi P H ₹30.00 L
- Personal Loans / Advances Given B Parthasarathi Reddy ₹10.00 L
- Personal Loans / Advances Given Material Advance ₹25.80 L
- Personal Loans / Advances Given Lakshmi ₹25.00 L
- Personal Loans / Advances Given G Vijaya ₹2.54 Cr
- Personal Loans / Advances Given Lekhya Motor Pvt Ltd ₹76.91 L
- Personal Loans / Advances Given G Raja Sandeep Reddy Gali ₹2.20 Cr
- Personal Loans / Advances Given Sharavan Kumar Reddy Gali ₹1.91 Cr
- Motor Vehicles Honda Activa Scooter KA34X7878 Make: 05/07/2021 ₹56,700.00
- Motor Vehicles Toyota Innova Car KA03MS4269 Make: 2017 ₹18.75 L
- Motor Vehicles KIA Seltors Car KA04MW9535 Make:15/10/2019 ₹21.17 L
- Motor Vehicles Toyota Fortuner KA05NB2223 MAke:29/09/2017 ₹37.73 L
- Motor Vehicles Volvo Car KA05NB5679 MAke: 17/10/2020 ₹1.04 Cr
- Jewellery, Bullion, etc. Gold & Bullion 2558gms ₹1.46 Cr
- Jewellery, Bullion, etc. Silver 17218gms ₹13.77 L
Immovable assets
- Agricultural Land 1) Site in Patel Nagar Bellary Sy. No. 828/4G ₹1.25 Cr
- Agricultural Land Total Area ₹50.00 L
- Agricultural Land Built Up Area ₹21.00 L
- Commercial Buildings Site at RT Nagar Blore New Site No. 711 50% Share ₹4.50 Cr
- Residential Buildings 1) Apartments at Embassy Point Cunningham Rd., Blore Flat No. 304 in property No. 16 ₹2.00 Cr
- Residential Buildings Total Area ₹1.50 Cr
- Residential Buildings Built Up Area ₹7.44 Cr
- Residential Buildings Whether Inherited ₹13.50 Cr
Liabilities
- Loans from Banks / Financial Institutions Loans from Banks / FIs to SBI Mortgage Loan ₹4.60 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Ennoble Construction, Hand Loan ₹12.35 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to OMCPL Hand Loan ₹7.19 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Sree Ragahavendra Constructions Hand Loan ₹5.87 Cr
- Any Other Dues Any Other Dues to 1) Income Tax Appeal Pending before Commissioner ₹6.65 L
Income (ITR)
- 2021-22 ₹25.74 L
- 2020-21 ₹28.38 L
- 2019-20 ₹22.16 L
- 2018-19 ₹29.02 L
spouse
Home Wife
Movable assets
- Cash Cash ₹3.15 L
- Deposits in Banks, FIs and NBFCs Axis Bank Ltd ₹8,380.00
- Deposits in Banks, FIs and NBFCs Kotak Mahindra Bank Ltd ₹7,603.00
- Deposits in Banks, FIs and NBFCs SBI ₹11,305.00
- Deposits in Banks, FIs and NBFCs SBI ₹23,162.00
- Deposits in Banks, FIs and NBFCs Indian Overseas Bank ₹3.06 L
- Jewellery, Bullion, etc. Jewellery 1756gms ₹1.00 Cr
Immovable assets
- Agricultural Land 1) Site At Havambhavi Ashok Nagar Bellary Site No. 3/A ₹35.00 L
- Agricultural Land Total Area ₹20.00 L
- Agricultural Land Built Up Area ₹20.00 L
- Agricultural Land Whether Inherited ₹20.00 L
- Agricultural Land Purchase Date ₹20.00 L
- Agricultural Land Purchase Cost ₹20.00 L
- Agricultural Land Development Cost ₹1.20 Cr
- Agricultural Land 2) Site At Havambhavi Ashok Nagar Bellary Site No. 1 ₹40.00 L
- Commercial Buildings Site at RT Nagar Blore New Site No. 711 50% Share ₹4.50 Cr
- Residential Buildings 1) Apartments at Embassy Point Cunningham Rd., Blore Flat No. 304 in property No. 16 ₹2.00 Cr
- Residential Buildings Total Area ₹1.50 Cr
Liabilities
- Loans from Banks / Financial Institutions Loans from Banks / FIs to SBI, Construction Loan ₹78.67 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to G. Somashekar Reddy ₹2.54 Cr
- Other Liabilities GST Dues ₹72.70 L
Income (ITR)
- 2021-22 ₹17.65 L
- 2020-21 ₹10.46 L
dependent
Movable assets
- Cash Cash ₹92,971.00
- Deposits in Banks, FIs and NBFCs Axis Bank Ltd ₹26.50 L
- Deposits in Banks, FIs and NBFCs HDFC Bank ₹52.60 L
- Deposits in Banks, FIs and NBFCs SBI ₹62,021.00
- Deposits in Banks, FIs and NBFCs HDFC Bank ₹6.00 L
- Bonds, Debentures and Shares Sviss Motors 51% Shares ₹76.50 L
- Bonds, Debentures and Shares Sviss Towers LLP 25% Shares ₹25,000.00
- LIC / Insurance Policies Max Life Insurance Ltd ₹3.07 L
- LIC / Insurance Policies HDFC Life Insurance Plus ₹6.22 L
- LIC / Insurance Policies HDFC Life Pro Growth Plus ₹5.94 L
- LIC / Insurance Policies Birla Life Insurance ₹4.00 L
- Personal Loans / Advances Given Sharavan Kumar Reddy Gali ₹4.00 L
- Jewellery, Bullion, etc. Jewellery 120gms ₹6.84 L
Immovable assets
- Agricultural Land 1) Land @ Andral Sy. No. 36/2 ₹12.00 L
- Agricultural Land Total Area ₹75.00 L
- Agricultural Land Built Up Area ₹8.00 L
Liabilities
- Loans from other than Banks / FIs Loans due to Individual / Entity to G. Somashekar Reddy ₹2.20 Cr
Income (ITR)
- 2021-22 ₹18.10 L
- 2020-21 ₹33.72 L
dependent
Movable assets
- Cash Cash ₹72,500.00
- Deposits in Banks, FIs and NBFCs Axis Bank Ltd ₹34.81 L
- Deposits in Banks, FIs and NBFCs Axis Bank Ltd ₹1.14 L
- Deposits in Banks, FIs and NBFCs SBI ₹1.04 L
- Bonds, Debentures and Shares Svis Motors 49% Shares ₹74.14 L
- Bonds, Debentures and Shares Ramdev developers 20% Shares ₹93.70 L
- Bonds, Debentures and Shares Sviss Towers LLP 25% Shares ₹25,000.00
- Bonds, Debentures and Shares Listed Equity Shares ₹22.08 L
- LIC / Insurance Policies Max Life Insurance LTD ₹10.23 L
- LIC / Insurance Policies Axis PPF A/c ₹11,090.00
- Personal Loans / Advances Given Raj Gopal ₹15.00 L
- Personal Loans / Advances Given T V Prasad ₹10.00 L
- Jewellery, Bullion, etc. Jewellery 120gms ₹6.84 L
Immovable assets
- Agricultural Land 1) Land @ Sangankal Sy. No. 146/B/6 Gift deed ₹20.00 L
- Agricultural Land Total Area ₹55.00 L
Liabilities
- Loans from other than Banks / FIs Loans due to Individual / Entity to G. Somashekar Reddy ₹1.91 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to G Raja Sandeep Reddy ₹4.00 L
Income (ITR)
- 2021-22 ₹61.60 L
- 2020-21 ₹2.51 L
Criminal cases (6)
- pending, Section 276(c) (1) of Income Tax Act
-
pending 153
-
pending, Section 13(1) d, 13(2) of Prevention of Corruption Act 120B, 34
-
pending, Section 8, 9, 10, 13(1) d, 13(2) Prevention of Corruption Act 120B, 34
-
pending, MMRD Act 105, 379, 465, 506, 149
- conviction, Section 25(1-B)(h) of Arms Act
Elections contested
| Election | Constituency | Party | Result | Votes | Share |
|---|---|---|---|---|---|
| Karnataka Vidhan Sabha Election-Apr-May-2023 | Bellary City | Bharatiya Janata Party | lost | - | - |
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Compiled from public disclosures by the Election Commission of India and MyNeta.