BMC Election Candidates' Assets Soar: Many See Multi-Fold Rise Since 2017

• Key candidates for the 2026 BMC elections show a substantial increase in declared assets since 2017, as per Maharashtra SEC affidavits.
• Former Mumbai mayor Kishori Pednekar's assets rose 226% to ₹5.26 crore; Shiv Sena's Samadhan Sarvankar's assets surged 394% to ₹46.59 crore.
• BJP's Neil Somaiya declared ₹9.89 crore, a nearly 400% increase, while Congress's Sheetal Mhatre's assets grew significantly to ₹4.27 crore.
• Other prominent candidates like Yamini Jadhav, Geeta Gawali, Yogita Gawali, Prabhakar Shinde, Tejasvini Ghosalkar, and Babubhai Bhavanji also reported sharp asset growth.
• The civic polls on January 15 will see around 1,700 candidates contesting for 227 wards in Mumbai.

Why It Matters: BMC election candidates' assets have seen a dramatic increase, highlighting significant financial growth among leaders.