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Magantti Venkateswara Rao Babu

Magantti Venkateswara Rao Babu

मागंटि वेंकटेस्वर राव बाबू

Telugu Desam Eluru

Declared net worth
₹16.65 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

₹16.65 Cr
Election Constituency Result Assets Liabilities Net worth Income
Lok Sabha Election-May-2019 Eluru lost ₹19.98 Cr ₹3.33 Cr ₹16.65 Cr ₹1.46 Cr

Latest affidavit

Total assets
₹19.98 Cr
Total liabilities
₹3.33 Cr
Net worth
₹16.65 Cr

Education

  • 10th Pass, 10th Class Pass from St. Johns Higher Secondary School, Gannavaram in 1976

self, Maganti Venkateswara Rao

Agriculturist

Movable assets

  • Cash Cash ₹10.50 L
  • Deposits in Banks, FIs and NBFCs Andhra Bank,Eluru branch,No 01231001102xxxxx ₹8,151.00
  • Deposits in Banks, FIs and NBFCs Andhra Bank,Eluru branch,No 07291001101xxxxx ₹7,902.00
  • Deposits in Banks, FIs and NBFCs Andhra Bank,Kaikaluru branch,No 03311101100xxxxx ₹4,525.00
  • Deposits in Banks, FIs and NBFCs Andhra Bank,Hyderabad,branch,No 02181101100xxxxx ₹18,498.00
  • Deposits in Banks, FIs and NBFCs Andhra Bank,Hyderabad branch,No 02181101100xxxxx ₹5,943.00
  • Deposits in Banks, FIs and NBFCs Andhra Bank,Eluru branch,No 10891010002xxxxx ₹54,469.00
  • Deposits in Banks, FIs and NBFCs State Bank of India,Branch Kaikalur,No 313614xxxxx ₹22,140.00
  • Deposits in Banks, FIs and NBFCs State Bank of India,Branch Delhi,No 3387450xxxxx ₹9,305.00
  • Deposits in Banks, FIs and NBFCs Indian Bank,Eluru branch,No 621326xxxxx ₹8,576.00
  • Deposits in Banks, FIs and NBFCs Indian Bank,Eluru branch,No 632764xxxxx ₹15,285.00
  • Deposits in Banks, FIs and NBFCs Indian Bank,Eluru branch,No 673894xxxxx ₹9,000.00
  • Bonds, Debentures and Shares Appolo hospital enterprises Ltd.,no of shares.3750 ₹42.60 L
  • Bonds, Debentures and Shares veljan Dension Ltd,no of Share.5400 ₹45.20 L
  • Bonds, Debentures and Shares blue Gold Maritech ltd,no of Share.500000 ₹72.00 L
  • LIC / Insurance Policies policy No 80223xxxxx ₹25.00 L
  • LIC / Insurance Policies policy No 67193xxxxx ₹25.00 L
  • Motor Vehicles tractor-AP37V4545,Model-2003 ₹2.88 L
  • Motor Vehicles Innova-AP16AX4545,Model-2012 ₹16.00 L
  • Jewellery, Bullion, etc. 100 grams Jewellery ₹3.50 L

Immovable assets

  • Agricultural Land Chataparru village,Eluru ruralMandal,W.G district,sy no.762/1 ₹70.50 L
  • Agricultural Land Total Area ₹8.25 L
  • Agricultural Land Built Up Area ₹68.85 L
  • Agricultural Land Whether Inherited ₹99.00 L
  • Agricultural Land Purchase Date ₹1.65 Cr
  • Agricultural Land Atapaka Village Kaikaluru Mandal,Krishna District,Rs.no.96/7 ₹18.51 L
  • Agricultural Land Total Area ₹18.51 L
  • Agricultural Land Built Up Area ₹27.81 L
  • Agricultural Land Whether Inherited ₹73.89 L

Liabilities

  • Loans from Banks / Financial Institutions Loans from Banks / FIs to LIC loan,Personal Loan ₹8.40 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to MDR chowdary ₹82.47 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to M.Sriravali ₹6.93 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to A.Durga Prasad ₹5.00 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Surredy Vijaya ₹5.00 L

Income (ITR)

  • 2017-18 ₹19.72 L
  • 2016-17 ₹9.80 L
  • 2015-16 ₹9.80 L
  • 2014-15 ₹10.38 L
  • 2013-14 ₹6.81 L

spouse

House Wife

Movable assets

  • Cash Cash ₹9.35 L
  • Deposits in Banks, FIs and NBFCs Andhra Bank,Hyderabad,branch,No 10751002510xxxxx ₹3.14 L
  • Deposits in Banks, FIs and NBFCs Andhra Bank,Kaikaluru branch,a/c .033110025000509 ₹6,559.00
  • Deposits in Banks, FIs and NBFCs Dhanalakshmi Bank,Eluru branch,No 01790010002xxxxx ₹2.82 L
  • Deposits in Banks, FIs and NBFCs State Bank of India,Eluru branch,No 3479754xxxxx ₹1,886.00
  • Deposits in Banks, FIs and NBFCs Indian Bank,Eluru branch,No 89290xxxxx ₹54,568.00
  • Deposits in Banks, FIs and NBFCs Indian Bank,Eluru branch,No 621347xxxxx ₹5,890.00
  • Deposits in Banks, FIs and NBFCs dhana Lakshmi Bank,Eluru branch,No 01790530000xxxxx ₹22,913.00
  • Bonds, Debentures and Shares The Kanaka Mahalakshmi coop Bank shares-10 ₹1,000.00
  • LIC / Insurance Policies Policy No 80183xxxxx ₹5.00 L
  • LIC / Insurance Policies Margadaars Chits ₹10.00 L
  • Motor Vehicles maruthi Ritze,AP37BR4545,Model-2012 ₹7.42 L
  • Motor Vehicles Innova-AP16DJ4545,Model-2016 ₹25.64 L
  • Jewellery, Bullion, etc. gold 2370grams ₹83.61 L
  • Jewellery, Bullion, etc. Silver 10 kgs ₹4.40 L

Immovable assets

  • Agricultural Land manuru Village,Eluru Rural,W.G.Dtsy no.687,92/1,93,94/2,95,97 ₹87.60 L
  • Agricultural Land Atapaka Village Kaikaluru Mandal,Krishna District,Rs.no.93/6 ₹1.01 Cr
  • Agricultural Land Total Area ₹90.00 L
  • Agricultural Land Built Up Area ₹54.00 L
  • Agricultural Land Whether Inherited ₹45.50 L
  • Commercial Buildings Road no.2,Benjara hills,Hyderabad,sy no.269/10 ₹1.89 Cr
  • Residential Buildings Hyderabad,Santhi Nagar,plot no.202,D.no.10-2-289/60/202 ₹81.60 L
  • Residential Buildings Total Area ₹95.10 L
  • Residential Buildings Built Up Area ₹1.81 Cr
  • Residential Buildings Whether Inherited ₹83.25 L
  • Residential Buildings Purchase Date ₹42.75 L

Liabilities

  • Loans from Banks / Financial Institutions Loans from Banks / FIs to UCO bank,Hyderabad,Housing Loan ₹67.63 L
  • Loans from Banks / Financial Institutions Loans from Banks / FIs to State Bank Of India,Vehicle Loan INNova AP16DJ4545 ₹2.61 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to khambapati Koteswara Rao ₹1.00 Cr
  • Loans from other than Banks / FIs Loans due to Individual / Entity to v.Rama Krishna ₹55.00 L

Income (ITR)

  • 2017-18 ₹23.64 L
  • 2016-17 ₹18.73 L
  • 2015-16 ₹15.77 L
  • 2014-15 ₹15.72 L
  • 2013-14 ₹15.94 L

Criminal cases (1)

  • pending, Section 13 3-I-X SC ST POA Act
    294B, 323, 506, 109, 147, 149

Elections contested

Election Constituency Party Result Votes Share
Lok Sabha Election-May-2019 Eluru Telugu Desam lost 510,884 39.18%

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