Byrathi Suresh's wife Padmavathi’s affidavit: Couple’s wealth grows by 8 cr in 18 months

We compared Congress MLA Byrathi Suresh’s affidavit filed in 2018, and his wife Padmavathi’s affidavit filed now.
 Byrathi Suresh's wife Padmavathi’s affidavit: Couple’s wealth grows by 8 cr in 18 months
Byrathi Suresh's wife Padmavathi’s affidavit: Couple’s wealth grows by 8 cr in 18 months
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Congress’s candidate for the Hosakote bye-poll in Karnataka, Padmavathi, filed her affidavit on Sunday. Padmavathi is married to sitting Congress MLA Byrathi Suresh from Hebbal, and this is her first election. The couple’s wealth has grown by just short of Rs 8 crore in the last 18 months. 

According to Election Commission rules, a candidate has to declare not just their own assets, but also those of their spouse. The sum of all the assets (moveable and unmoveable) owned by Padmavathi and her real estate tycoon husband Byrathi Suresh amount to a little over Rs 425.5 crore. The affidavit filed by the Hebbal MLA in 2018 had said their assets were worth Rs 416.7 crore.

The couple bought two new cars in 2019, including a Mercedes Benz and a Mahindra SUV, both costing little less than Rs 1.2 crore in total.


Heads 2019 2018 DIFFERENCE
cash in hand 246653 549095 -302442
deposits 9126158.41 8169929 956229.41
investments 10719600 10719600 0
loan given 98152469.8 100593737 -2441267.2
cars 31386111 25910472 5475639
jewellery 16720800 12584800 4136000
residential property 319106646 286537316 32569330
commercial property 1316609630 1279297960 37311670
non-agri land 2262875000 2262875000 0
agri land 180700000 180700000 0
  4245643068 4167937909 77705159.21


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