Declared net worth
₹13.05 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
₹13.05 Cr
| Election | Constituency | Result | Assets | Liabilities | Net worth | Income |
|---|---|---|---|---|---|---|
| Telangana Vidhan Sabha Election-Oct-Dec-2023 | Armur | won | ₹21.29 Cr | ₹8.24 Cr | ₹13.05 Cr | ₹3.02 Cr |
Latest affidavit
Total assets
₹21.29 Cr
Total liabilities
₹8.24 Cr
Net worth
₹13.05 Cr
Education
- 5th Pass, VIII Class from Z.P. H.S. Boys, Armoor Dist. Nizamabad, discontinued in 1980
self, Paidi Rakesh Reddy (Winner)
Agriculture and Business
Movable assets
- Cash Cash ₹6.40 L
- Deposits in Banks, FIs and NBFCs HDFC Bank, Hyderguda, CA No 5020001874xxxxx ₹50,827.00
- Deposits in Banks, FIs and NBFCs HDFC Bank, Hyderguda, CA No 5920984900xxxxx ₹1.10 L
- Deposits in Banks, FIs and NBFCs SBI, Old MLA Quaters Branch, Hyderabad, CA No 4023060xxxxx ₹95,124.00
- Deposits in Banks, FIs and NBFCs HDFC Bank, Hyderguda, Term Deposite ₹8.19 L
- Bonds, Debentures and Shares Equity Share in Rocky Red Sandal Exports Pvt Ltd ₹50,000.00
- Bonds, Debentures and Shares Equity Share in Reddy Saab Infra PVt Ltd ₹50,000.00
- Bonds, Debentures and Shares Equity Share in Ninestar Power Pvt Ltd ₹50,000.00
- Bonds, Debentures and Shares Equity Share in Nine Star HotelPvt Ltd ₹50,000.00
- Bonds, Debentures and Shares Equity Share in Nine Star Infrastucture ₹50,000.00
- Bonds, Debentures and Shares Equity Share in NIne Start Col Storage ₹50,000.00
- Bonds, Debentures and Shares Equity Share in Nine Star Agrotech ₹50,000.00
- Bonds, Debentures and Shares Equity Share in Nine Star Plantation ₹50,000.00
- Bonds, Debentures and Shares Equity Share in Star Healthcare Service ₹3.75 L
- LIC / Insurance Policies LIC P.No 60470xxxxx ₹6.73 L
- LIC / Insurance Policies LIC P.No 60335xxxxx ₹7.60 L
- Personal Loans / Advances Given Advance Given to Rocky Red Sandal Export (p) Ltd ₹2.43 Cr
- Motor Vehicles Hero Honda Splendor Plus, AP29C6419, Year- 2004 ₹40,000.00
- Motor Vehicles Passion Pro Hero Honda, AP09CG8375, year- 2011 ₹47,470.00
- Motor Vehicles Passion Pro Hero Honda, AP09CG2667, Year- 2011 ₹47,470.00
- Motor Vehicles Splendor Hero Honda, AP29S9710, Year- 2007 ₹44,880.00
- Motor Vehicles Motor Car Sedan Accent, AP29P3399, Year- 2006 ₹8.11 L
- Motor Vehicles Motor Car Toyota Fortuner, AP09CB3399, year- 2010 ₹22.01 L
- Motor Vehicles Toyota Fortuner, AS09EY3399, Year- 2018 ₹35.24 L
- Motor Vehicles Toyota Innova Crysta, TS09EQ3399, Year- 2019 ₹29.38 L
- Motor Vehicles Hyundai Santro, AP26AA3399, Year- 2007 ₹4.07 L
- Motor Vehicles Hyundai i20 Asta, TS09FT8463, Year- 2021 ₹13.10 L
- Motor Vehicles Swift Car Maruti Suzuki, TS09FG3399, Year- 2019 ₹9.04 L
- Motor Vehicles Mercedes Benz Car, TS09FU3399, Year- 2022 ₹1.24 Cr
- Motor Vehicles Scorpio Classic, TS09GC3399, Year- 2023 ₹16.97 L
- Motor Vehicles Scorpio Classic, TS16AWTR0227, Year- 2017 ₹16.97 L
- Motor Vehicles Scorpio Classic, TS03ATTR1568, Year- 2023 ₹16.97 L
- Motor Vehicles Innova, TS09GD3399, Year- 2023 ₹39.27 L
- Motor Vehicles Innova, TS07CPTR 7622, Year- 2023 ₹39.27 L
- Motor Vehicles Goods Carrier, Year- 2023 ₹13.06 L
- Motor Vehicles Tractor, AP29L8121, Year- 2015 ₹3.53 L
- Motor Vehicles John Deer Tractor, TS16FB3399, Year- 2016 ₹4.50 L
- Motor Vehicles Royal Enfiled, TS16FC9399, Model- 2021 ₹2.00 L
- Jewellery, Bullion, etc. Gold- 1435 Grams ₹76.06 L
Immovable assets
- Agricultural Land Munipally Village, Jakranpally Mandal, Nizamabad Dist. TS, Sy. No. 183 ₹6.36 L
- Agricultural Land Total Area ₹2.00 L
- Agricultural Land Built Up Area ₹2.00 L
- Agricultural Land Whether Inherited ₹40,000.00
- Agricultural Land Sy.No. 179/Vu, Part Hayath Nagar, Hyderabad ₹50.00 L
- Agricultural Land Total Area ₹5.00 L
- Agricultural Land Built Up Area ₹5.00 L
- Agricultural Land Whether Inherited ₹4.00 L
- Agricultural Land Purchase Date ₹4.50 L
- Agricultural Land Purchase Cost ₹3.00 L
- Agricultural Land Development Cost ₹2.50 L
- Agricultural Land Sy.No. 178, Plot No. 547, West Adi Narasimla Nagar, Mangalapally, Ranga Reddy ₹92.00 L
- Agricultural Land Total Area ₹3.00 L
- Commercial Buildings H.No. 1-8-1/B/APHB/A, RR Complex, Beside Bangaru Mysamma Temple, Near Sudarshan Park, Baghlingamplly, Hyderabad ₹1.25 Cr
- Commercial Buildings Total Area ₹20.00 L
- Commercial Buildings Built Up Area ₹25.00 L
- Residential Buildings H.No. 3-6-290, Flat No. 601, Sai Tirumala Towers B block, Hyderguda, Himayath Nagar, Hyderabad., 50% Share, Joint Property ₹6.63 L
- Residential Buildings Total Area ₹29.00 L
- Residential Buildings Built Up Area ₹25.00 L
- Residential Buildings Whether Inherited ₹18.00 L
- Other Immovable Assets Partnership Firm RR Argo Tch (50% Share), H.No.6-25-2412/17, Plot No. 17, Shraddanand Gung. Agricultural Market Com. Nizamabad Dist. ₹25.00 L
- Other Immovable Assets Total Area ₹20.00 L
- Other Immovable Assets Built Up Area ₹2.40 Cr
Liabilities
- Loans from Banks / Financial Institutions Loans from Banks / FIs to Loan against property, HDFC Bank ₹1.16 Cr
- Loans from Banks / Financial Institutions Loans from Banks / FIs to Overdraft Against Property, Axis Bank ₹2.28 Cr
- Loans from Banks / Financial Institutions Loans from Banks / FIs to Loan with Dalmier Financial Services Pvt. Ltd, Secured againts Mercedes Benz Car ₹50.00 L
- Loans from Banks / Financial Institutions Loans from Banks / FIs to Term Loan, AP Co. mahesh Bank, Himayath Nagar Branch ₹21.21 L
- Loans from Banks / Financial Institutions Loans from Banks / FIs to Term Loan, AP Co. mahesh Bank, Himayath Nagar Branch ₹34.30 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Advance Payable to Suchitra Reddy Paidi ₹1.64 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Advance Payable to others ₹1.84 Cr
Income (ITR)
- 2022-23 ₹37.64 L
- 2021-22 ₹33.41 L
- 2020-21 ₹33.96 L
- 2019-20 ₹20.66 L
- 2018-19 ₹25.70 L
spouse
Agriculture and Business
Movable assets
- Cash Cash ₹3.34 L
- Deposits in Banks, FIs and NBFCs ICICI Bank, Kokapet Branch, SB No 63100151xxxxx ₹5.06 L
- Deposits in Banks, FIs and NBFCs HDFC Bank, Hyderguda, CA No 50200039xxxxx ₹31,406.00
- Deposits in Banks, FIs and NBFCs HDFC Bank, Hyderguda, CA No 5920984909xxxxx ₹1.61 L
- Deposits in Banks, FIs and NBFCs SBI, Vedayapalem Branch, Nellore, SB No 3173959xxxxx ₹1.23 L
- Bonds, Debentures and Shares Equity Share in Rocky Red Sandal Exports Pvt Ltd ₹50,000.00
- Bonds, Debentures and Shares Equity Share in Reddy Saab Infra PVt Ltd ₹50,000.00
- LIC / Insurance Policies LIC P.No 65562xxxxx ₹4.85 L
- LIC / Insurance Policies LIC P.No 84612xxxxx ₹3.16 L
- LIC / Insurance Policies LIC P.No 60987xxxxx ₹31,912.00
- LIC / Insurance Policies LIC P.No 60987xxxxx ₹1.62 L
- Motor Vehicles Maruti Breeza, AP39A4959, Year- 2019 ₹12.74 L
- Motor Vehicles Maruti Suzuki Baleno, TS09EZ3399, Year- 2018 ₹10.06 L
- Jewellery, Bullion, etc. Gold- 1970 Grams ₹1.04 Cr
Immovable assets
- Agricultural Land Sy.nO. 851/2007, Velugoun Road, Nellore, Andhra Pradesh ₹1.00 L
- Agricultural Land Total Area ₹30.00 L
- Agricultural Land Plot No. 161 & 162, Sy.No. 1883 RU South Part Nirmala Nagar Estate, Kothur, Nellore Dist. AP ₹4.00 L
- Agricultural Land Total Area ₹3.50 L
- Agricultural Land Built Up Area ₹4.00 L
- Agricultural Land Whether Inherited ₹5.00 L
- Agricultural Land Purchase Date ₹25.00 L
- Agricultural Land Purchase Cost ₹6.00 L
- Agricultural Land Development Cost ₹5.00 L
- Agricultural Land Plot No. 1883Ru, Nirmala Nagar Esatate, Kothur, Nellore Dist. AP ₹75.00 L
- Residential Buildings H.No. 26-12-1005/26/3, LIC Coloby, Nellore Dist. AP ₹25.00 L
- Residential Buildings Total Area ₹13.00 L
- Residential Buildings Built Up Area ₹1.60 Cr
- Other Immovable Assets RR Agro Estate (90% Share), Sy.No. 953, 954, Velugonu Road, Nellore, AP ₹5.00 L
- Other Immovable Assets Total Area ₹3.20 L
- Other Immovable Assets Built Up Area ₹20.00 L
- Other Immovable Assets Whether Inherited ₹10.00 L
Liabilities
- Loans from Banks / Financial Institutions Loans from Banks / FIs to Home Loan, Axis Bank ₹27.07 L
- Loans from Banks / Financial Institutions Loans from Banks / FIs to Overdraft Against Gold, Telangana Apex Bank, Ameerpet Branch ₹0.00
Income (ITR)
- 2022-23 ₹21.41 L
- 2021-22 ₹11.04 L
- 2020-21 ₹10.94 L
- 2019-20 ₹8.74 L
- 2018-19 ₹8.05 L
huf
Movable assets
- Cash Cash ₹1.00 L
- Personal Loans / Advances Given Personal loans/advance given ₹30.00 L
Immovable assets
- Agricultural Land Sy.No. 411/A, 417/A, 417/AA, Metpally, Jagityal Dist. 505325 ₹6.50 L
- Residential Buildings RCC Roofed, H.No. 7-59/5, SY.No. 472, Ankapur Vill. Armoor Mandal, Dis. Nizamabad ₹46.00 L
Income (ITR)
- 2022-23 ₹23.70 L
- 2021-22 ₹19.70 L
- 2020-21 ₹24.60 L
- 2019-20 ₹11.78 L
- 2018-19 ₹11.08 L
dependent
Movable assets
- Deposits in Banks, FIs and NBFCs HDFC Bank Hyderguda Branch, SB No 5010051451xxxxx ₹39,157.00
- LIC / Insurance Policies LIC P.No 65616xxxxx, P.No 84369xxxxx, P.No 65677xxxxx (Under guardianship of father Rakesh Reddy Paidi) ₹12.21 L
dependent
Movable assets
- Deposits in Banks, FIs and NBFCs HDFC Bank Hyderguda Branch, SB No 5010051438xxxxx ₹39,164.00
- LIC / Insurance Policies (1) LIC P.No 84367xxxxx, P.No 65618xxxxx, P.No 84492xxxxx (Under guardianship of father Rakesh Reddy Paidi) ₹17.14 L
Criminal cases (1)
-
pending, Section-20(1)(d)(i) r/w Section-20(1)(c)(ii)(iii)(iv)(ix) and (x) of AP Forest Act, Section 36 Amendment Act 2016, Section 32(A) of A.P. Forest Amendment Act 2016, Section 3 of Prevention of Damage to Public Property Act 1985, Section 3 and 4 of AP Sandal Wood and Red Sandal Wood Transitrule 1969, Section 51 of Wild Life Protection Act 1972 447, 427, 379, 34
Elections contested
| Election | Constituency | Party | Result | Votes | Share |
|---|---|---|---|---|---|
| Telangana Vidhan Sabha Election-Oct-Dec-2023 | Armur | Bharatiya Janata Party | won | 72,658 | 45.32% |
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Compiled from public disclosures by the Election Commission of India and MyNeta.