Mumbai BMC Elections: Candidates' Wealth Soars, Some Assets Up 9-Fold!

Mumbai
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News18•08-01-2026, 08:16
Mumbai BMC Elections: Candidates' Wealth Soars, Some Assets Up 9-Fold!
- •Mumbai Municipal Corporation elections see 1700 candidates vying for 227 wards, with a direct fight between Mahayuti and Thackeray brothers.
- •Many candidates, including former corporators and mayors, are millionaires, with significant increases in their declared assets.
- •Samadhan Sarvankar is the richest candidate with assets worth ₹46.59 crore, followed by former mayor Shraddha Jadhav at ₹46 crore.
- •Former Mayor Kishori Pednekar's assets grew from ₹1.61 crore (2017) to ₹5.26 crore; Neel Kirit Somaiya's from ₹1.99 crore to ₹9 crore.
- •Tejasvi Abhishek Ghosalkar's wealth saw a 9-fold increase from ₹25 lakh (2017) to ₹5 crore in 8 years.
Why It Matters: BMC election candidates reveal massive wealth growth, highlighting the financial stakes in Mumbai's civic body.
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