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News1812-01-2026, 11:17

Makarand Narwekar: Mumbai's Richest BMC Poll Candidate with Rs 124 Crore Assets

  • Makarand Narwekar, brother of Maharashtra Assembly Speaker Rahul Narwekar, is the wealthiest candidate in Mumbai's BMC elections, declaring assets worth Rs 124.4 crore.
  • Narwekar, a 47-year-old lawyer, is contesting from ward no. 226 (Sassoon Docks) on a Bharatiya Janata Party (BJP) ticket.
  • His assets have increased by 1,868% over nine years, including 27 agricultural land parcels in Alibag, Raigad district.
  • He owns movable assets worth Rs 32.14 crore and immovable assets worth Rs 92.32 crore, with liabilities of Rs 16.68 crore.
  • Other high-net-worth candidates include his sister-in-law Harshita Narvekar (Rs 63.62 crore), Samadhan Sarvankar (Rs 46.59 crore), and Shraddha Jadhav (Rs 46.34 crore).

Why It Matters: Makarand Narwekar leads as Mumbai's richest BMC candidate with assets exceeding Rs 124 crore.

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