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Gudem Mahipal Reddy

Gudem Mahipal Reddy

Bharat Rashtra Samithi Patancheru Won 2023

Declared net worth
₹21.96 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

₹21.96 Cr
Election Constituency Result Assets Liabilities Net worth Income
Telangana Vidhan Sabha Election-Oct-Dec-2023 Patancheru won ₹27.57 Cr ₹5.61 Cr ₹21.96 Cr ₹1.56 Cr

Latest affidavit

Total assets
₹27.57 Cr
Total liabilities
₹5.61 Cr
Net worth
₹21.96 Cr

Education

  • 8th Pass, IX Class from Z.P.H.S. (Boys) School, Patancheru-1977

self, Gudem Mahipal Reddy (Winner)

Member of Legislative Assembly and Business.

Movable assets

  • Cash Cash ₹1.82 L
  • Deposits in Banks, FIs and NBFCs 1.S/B/No 7300505xxxxx of APGVB Patancheru Branch ₹11,750.00
  • Deposits in Banks, FIs and NBFCs 2. Special Term Deposit No 7301644xxxxx iN APGVB Bank Patancheru Branch ₹2.15 L
  • Deposits in Banks, FIs and NBFCs 3. Joint No 914010006xxxxx of Axis Bank Patancheru Branch ₹1,857.00
  • Deposits in Banks, FIs and NBFCs 4.CA. No 18050150xxxxx of ICIC Bank Patancheru Branch ₹55,779.00
  • Deposits in Banks, FIs and NBFCs 5.S/B No 18050150xxxxx of ICIC Bank Nizampet Branch ₹30,745.00
  • Deposits in Banks, FIs and NBFCs 6.S/B No 5220642xxxxx of SBI Secretariat Branch ₹4.55 L
  • Deposits in Banks, FIs and NBFCs 7. S/b No 1147064xxxxx of SBI Muthangi Branch ₹10,542.00
  • Deposits in Banks, FIs and NBFCs 8. S/b No 380714xxxxx of SBI PAtancheru branch ₹0.00
  • Deposits in Banks, FIs and NBFCs 9. S/b No 17941010000xxxxx of Union Bank Patancheru Branch ₹787.00
  • Deposits in Banks, FIs and NBFCs 10.S/b No 17941010006xxxxx of Union Bank Patancheru Branch ₹0.00
  • Deposits in Banks, FIs and NBFCs 11.C/A A/C (Firm) No 00900120000xxxxx of mahesh Bank Chanda Nagar Branch (Gmr Convention Centre) ₹6,819.00
  • Deposits in Banks, FIs and NBFCs 12. C/A A/C (Firm) No 3562762xxxxx of SBI Patancheru Branch (Gmr Convention Centre) (50% Share) ₹4.09 L
  • Deposits in Banks, FIs and NBFCs 13.Patancheru A/cNo 4241148xxxxx SBI Account ICRISAT Branch ₹39.90 L
  • Deposits in Banks, FIs and NBFCs 14. C/A. A.c.No 73180550xxxxx of ICICI Bank, Patancheru Branch ₹1.10 L
  • Bonds, Debentures and Shares Shares in Mahaveer Co-Operative Urban Bank Limited ₹1.30 L
  • LIC / Insurance Policies 2. SBI Life Insurance Policy No:1H408098904 Premium ₹10.00 L
  • LIC / Insurance Policies 1. Max Life Insurance Policy No 12382xxxxx Surrender Value ₹6.16 L
  • Personal Loans / Advances Given Hari Hara Constructions ₹3.38 Cr
  • Motor Vehicles Toyota Innova 2019 No.TS-15-EZ-9999 Purchased in 2019 ₹25.93 L
  • Jewellery, Bullion, etc. Gold Ornaments 20 Tulas ₹12.00 L
  • Other Movable Assets TDS Receivable ₹3.50 L

Immovable assets

  • Agricultural Land Patancheru Village & Mandal, Sangareddy District Survey No.45/2/1,148/E/2/1 and 49/2/1 ₹3.59 Cr
  • Commercial Buildings i) Market Road, Patancheru Town, Sangareddy District H.No:3-231/1, 3-237, 3-238, 3-239, 3-239/1, 3-239/2 Gifted Property) ₹3.30 Cr
  • Commercial Buildings Total Area ₹20.00 L
  • Commercial Buildings Built Up Area ₹9.50 Cr
  • Commercial Buildings Whether Inherited ₹43.92 L
  • Commercial Buildings Purchase Date ₹43.92 L
  • Residential Buildings i)H.No.6-3, Ram mandir Road Patancheru, Sangareddy District.(self acquired) ₹2.00 Cr
  • Residential Buildings Total Area ₹50.00 L

Liabilities

  • Loans from Banks / Financial Institutions Loans from Banks / FIs to i) Vehicle Loan No 3845062xxxxx In SBI patancheru Branch ₹6.64 L
  • Loans from Banks / Financial Institutions Loans from Banks / FIs to ii) DHFL Mortgage Loan No 0070001xxxxx Ameerpet, Hyderabad Dist (50% share of 60041778 loan of GMR Convention Centre) ₹3.00 Cr
  • Loans from Banks / Financial Institutions Loans from Banks / FIs to iii)Advance (Sri Venkateswara Hospitality Services) 50% share of 2 Crores of GMR convention Centre) ₹1.00 Cr
  • Loans from Banks / Financial Institutions Loans from Banks / FIs to iv) Dhruva Vijaya Health care services ₹15.00 L
  • Any Other Dues Whether any other liabilities are in dispute, if so, mention the amount involved and the authority before which it is pending ₹1.14 Cr

Income (ITR)

  • 2022-23 ₹16.70 L
  • 2021-22 ₹15.01 L
  • 2020-21 ₹13.55 L
  • 2019-20 ₹29.79 L
  • 2018-19 ₹17.76 L

spouse

Business & House Wife

Movable assets

  • Cash Cash ₹1.53 L
  • Deposits in Banks, FIs and NBFCs 1.S/B No 233000xxxxx of Post office Patanchuer Branch ₹6,346.00
  • Deposits in Banks, FIs and NBFCs 2.SB No 202466xxxxx of SBI Patanchueru ₹38,722.00
  • Deposits in Banks, FIs and NBFCs 3.CA No 3875554xxxxx of SBI Patanchueru ₹0.00
  • Motor Vehicles 1. Innova Crysta TS-15-FF-4455 Purchased in the year of 2021 ₹23.00 L
  • Motor Vehicles 2.Ashok Leyland Tipper V.No.TS-15-UD-4919 Purchased in the year of 2019 ₹40.35 L
  • Motor Vehicles 3.Ashok Leyland Tipper V.No.TS-15-UD-4918 Purchased in the year of 2019 ₹40.35 L
  • Jewellery, Bullion, etc. Gold Ornaments 50 Tulas ₹30.00 L

Immovable assets

  • Residential Buildings i)Ram mandir Road Patancheru, Sangareddy District. H.No 6-7 (self acquired) ₹99.20 L
  • Residential Buildings Total Area ₹72.00 L

Liabilities

  • Loans from Banks / Financial Institutions Loans from Banks / FIs to i) Loan Account No 3880408xxxxx in SBI patancheru ₹22.53 L
  • Loans from Banks / Financial Institutions Loans from Banks / FIs to ii) Loan Account No 3940831xxxxx in SBI patancheru ₹2.54 L

Income (ITR)

  • 2022-23 ₹5.50 L
  • 2021-22 ₹4.93 L
  • 2020-21 ₹4.74 L
  • 2019-20 ₹6.94 L
  • 2018-19 ₹3.42 L

huf

Movable assets

  • Cash Cash ₹1.25 L
  • Deposits in Banks, FIs and NBFCs CA/B, A/c (HUF).No 91702002706xxxxx of Axis Bank Patancheru Branch ₹40,580.00

Income (ITR)

  • 2022-23 ₹3.82 L
  • 2021-22 ₹3.76 L
  • 2020-21 ₹3.51 L
  • 2019-20 ₹4.85 L
  • 2018-19 ₹3.13 L

dependent

Income (ITR)

  • 2022-23 ₹3.47 L
  • 2021-22 ₹2.70 L
  • 2019-20 ₹7.75 L
  • 2018-19 ₹4.76 L

Elections contested

Election Constituency Party Result Votes Share
Telangana Vidhan Sabha Election-Oct-Dec-2023 Patancheru Bharat Rashtra Samithi won 105,387 38.43%

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Compiled from public disclosures by the Election Commission of India and MyNeta.