Shivamogga Lok Sabha member B.Y. Raghavendra, who’s searching for re-election to parliament on the BJP ticket, filed his nomination papers in Shivamogga on April 18.
| Photograph Credit score: Particular Association
Shivamogga Lok Sabha member B.Y. Raghavendra owns belongings and valuables price over ₹55.85 crore, in accordance with the affidavit he submitted together with the nomination papers. The worth of his belongings has come down by ₹3 crore, in comparison with his affidavit on belongings and liabilities filed in the course of the earlier elections held in 2019. The earlier affidavit confirmed that he possessed belongings price ₹58.85 crore. Nonetheless, the worth of belongings owned by his spouse Tejaswini R has gone up by practically ₹9 crore. As per the earlier affidavit, she owned properties price over ₹8.49 crore. The most recent affidavit reveals that she has belongings price over ₹17.86 crore.Residential buildings and new home The couple has residential buildings in Melarakeri, Shikaripur, Vinoba Nagar, Shivamogga and Bengaluru. Raghavendra’s spouse, Tejaswini, purchased a home in Shivamooga in 2020, and its present market worth is round ₹6.19 crore. Tejaswini owes a mortgage of ₹5.49 crore to her husband, Raghavendra. Raghavendra has obtained gold, diamonds, silver, and treasured stones price ₹98 lakh. His spouse has jewelry price over ₹1.13 crore. Raghavendra has two automobiles, an Ambassador of the 1988 mannequin and a Toyota Fortuner of 2018, apart from a tractor. He has provided private loans/advances to Fluid Energy Applied sciences, Davalagiri Property Builders, Sahyadri Healthcare Diagonstics, Bhagath Properties Pvt Ltd, Jansi Automotive Pvt Ltd, his brother Vijayendra, his two sons, his spouse, and others. Mr. Raghavendra studied BBM at Kuvempu College.