Former Chief Minister Chandrababu Naidu’s family announced the details of their assets and liabilities. They have been doing that for the last nine years. Nara Lokesh came before the media in Mangalagiri and revealed the details. Chandrababu‘s assets net-worth have been put at 3.87 Crore.
His total assets, including his house at Jubilee Hills and at Naravaripalle in Chittoor district, his ambassador car and the value of his national savings certificates, are worth Rs 9 crore. This also includes Rs 74.10 lakh in the form of cash and balance in Savings Bank Accounts.
Naidu has loans and liabilities to the extent of Rs 5.13 crore including housing loan from Bank of Baroda. Chandrababu’s wife Nara Bhuvaneswari, holds net assets worth Rs 39.58 crore. Her total assets are worth around Rs 50.62 crore and liabilities are worth around Rs 11.04 crore.
Lokesh has net assets worth Rs 19 crore with total assets worth Rs 24.70 crore and liabilities of Rs 5.70 crore. Lokesh’s wife Nara Brahmani’s assets are worth Rs 11.51 crore, with total assets being Rs 15.68 crore and liabilities of Rs 4.17 crore. Lokesh’s son Nara Devansh, has total assets worth Rs 19.42 crore with no liabilities.
Lokesh clarified that all these values are not according to the market value but are of Registered Values. YSR Congress makes severe criticism whenever the assets are announced. But now, since they are in power, let us see if they prove Babu’s family to be on the wrong side.
