Declared net worth
₹29.40 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
₹29.40 Cr
| Election | Constituency | Result | Assets | Liabilities | Net worth | Income |
|---|---|---|---|---|---|---|
| Lok Sabha General Election 2024 | Tirupati | lost | ₹31.18 Cr | ₹1.78 Cr | ₹29.40 Cr | ₹3.11 Cr |
Latest affidavit
Total assets
₹31.18 Cr
Total liabilities
₹1.78 Cr
Net worth
₹29.40 Cr
Education
- Doctorate, Ph.D from Andhra University, Visakhapatnam in 1979
self, Vara Prasad Rao Velagapalli
Retd Civil Servant & Former Member of Parliament (Lok Sabha) & Former Member of Legislative Assembly (AP)
Movable assets
- Cash Cash ₹30,545.00
- Deposits in Banks, FIs and NBFCs Deposits in Banks, Financial Institutions and Non-Banking Financial Companies ₹2.03 Cr
- LIC / Insurance Policies (b)LIC or other insurance Policies ₹19.27 L
- Personal Loans / Advances Given Personal loans/advance given ₹2.11 Cr
- Motor Vehicles BMW TN07CM2008-2020 ₹20.50 L
- Jewellery, Bullion, etc. Gold Ring ₹8,000.00
Liabilities
- Loans from other than Banks / FIs Loans due to Individual / Entity ₹30.97 L
Income (ITR)
- 2022-23 ₹23.49 L
- 2021-22 ₹26.38 L
- 2020-21 ₹16.08 L
- 2019-20 ₹14.26 L
- 2018-19 ₹14.45 L
spouse
House Wife
Movable assets
- Cash Cash ₹4,130.00
- Deposits in Banks, FIs and NBFCs Deposits in Banks, Financial Institutions and Non-Banking Financial Companies ₹10.73 L
- Bonds, Debentures and Shares Bonds, Debentures and Shares in companies ₹1.47 Cr
- Personal Loans / Advances Given Personal loans/advance given ₹6.71 Cr
- Jewellery, Bullion, etc. Jewellery (give details weight value) ₹27.00 L
Immovable assets
- Agricultural Land Total Area ₹1.11 Cr
- Agricultural Land Total Area ₹16.37 Cr
- Residential Buildings Total Area ₹60.00 L
Liabilities
- Loans from other than Banks / FIs Loans due to Individual / Entity ₹1.47 Cr
Income (ITR)
- 2022-23 ₹15.03 L
- 2021-22 ₹60.04 L
- 2020-21 ₹55.35 L
- 2019-20 ₹46.15 L
- 2018-19 ₹40.19 L
Elections contested
| Election | Constituency | Party | Result | Votes | Share |
|---|---|---|---|---|---|
| Lok Sabha General Election 2024 | Tirupati | Bharatiya Janata Party | lost | 617,659 | 45.20% |
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Compiled from public disclosures by the Election Commission of India and MyNeta.