Makrand Narwekar, younger brother of Maharashtra Assembly Speaker Rahul Narwekar, is among the wealthiest candidates for the Brihanmumbai Municipal Corporation (BMC) election with declared assets of ₹124.4 crore.
Seeking a third term from ward no 226 on a BJP ticket, Mr. Narwekar could be the wealthiest candidate in the BMC elections.
Among other 'high net worth' candidates, Samadhan Sarvankar, son of former Shiv Sena MLA Sada Sarvankar, has declared assets of ₹46.59 crore, while Shiv Sena (UBT) candidate and former mayor Shraddha Jadhav has declared assets of ₹46.34 crore.
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As per his affidavit filed with the Election Commission, Mr. Narwekar's assets (which include the assets of his wife) grew 1,868% compared to nine years ago.
