Ritu Tawde Net Worth: Know Financial Assets of BJP's Mumbai Mayor Candidate Ritu Tawde

Ritu Tawde net worth: The Mahayuti alliance has nominated Bharatiya Janata Party (BJP) leader Ritu Tawde as its candidate for the post of Mumbai mayor. Tawde is a corporator from Ward 132 in Ghatkopar and has been associated with the BJP since 2012, after switching from the Congress.

Details of Tawde's financial background are available from her 2013 election affidavit, which outlines her assets, liabilities, and those of her spouse and dependants.

Ritu Tawde Net Worth: Cash and Bank Deposits

According to the affidavit, Ritu Rajesh Tawde declared cash in hand of Rs 15,000, while her spouse reported Rs 60,000, taking the total cash holding to Rs 75,000. No cash assets were declared for dependants.

In terms of bank deposits, Tawde disclosed Rs 1.49 lakh held as proprietor of R.T. Industries in The Satara Sahakari Bank, Ghatkopar (West). Her spouse declared Rs 1.26 lakh at the same bank, bringing the combined bank balance to Rs 2.75 lakh.

Ritu Tawde Net Worth: Investments and Savings

The affidavit lists investments in bonds, debentures and company shares. Tawde declared investments worth Rs 2.90 lakh, while her spouse reported Rs 11.50 lakh, including holdings in Tata Finance and Janakalyan Bank. Together, these investments amount to Rs 14.40 lakh.

Under small savings schemes, Tawde reported Rs 6 lakh and her spouse Rs 9 lakh in National Savings Scheme and postal savings, taking the total to Rs 15 lakh. The affidavit also mentions LIC and mediclaim policies worth Rs 8 lakh, though these are not included in the total asset calculation.

Ritu Tawde Net Worth: Vehicles and Jewellery

Motor vehicles are listed in the affidavit without assigned monetary values. Tawde declared ownership of a Tata Tempo (Chhota Hathi), while her spouse listed a Tata Safari (2001), a Dumper (2001) and a Pulsar motorcycle (2003).

Jewellery holdings were disclosed with both weight and value. Tawde declared jewellery worth Rs 2.80 lakh (10 tola), her spouse Rs 1.40 lakh (5 tola), and one dependant Rs 84,000 (3 tola). The total jewellery value stands at Rs 5.04 lakh.

Ritu Tawde Net Worth: Total Movable and Immovable Assets

The total movable assets declared amount to Rs 37.94 lakh, including Rs 13.34 lakh for Tawde, Rs 23.76 lakh for her spouse, and Rs 84,000 for one dependant.

On the immovable assets front, Tawde declared a residential property in Bhandup, Mumbai, valued at Rs 60 lakh, covering an area of 1,000 sq ft. Her spouse declared an ancestral house in Vidyavihar (West) worth Rs 15 lakh. No agricultural or non-agricultural land was reported.

The combined immovable assets total Rs 75 lakh.

Ritu Tawde Net Worth: Liabilities and Loans

The affidavit also details outstanding liabilities. Bank loans include a vehicle loan of Rs 4.50 lakh, a car loan of Rs 5 lakh, and a gold loan of Rs 2.70 lakh, totalling Rs 12.20 lakh. Loans from financial institutions add another Rs 3.11 lakh, taking the total liabilities to Rs 15.31 lakh.

No government dues were reported. Income tax details are listed for the period 2006 to 2011-12, with a PAN provided, while entries for wealth tax, sales tax and property tax show Nil.