<p>Karnataka Municipalities Minister <a href="https://www.deccanherald.com/state/minister-m-t-b-nagaraj-rues-his-party-hopping-decision-1105422.html" target="_blank">N Nagaraju (MTB)</a> has declared total assets worth Rs 1,609 crore, making him one of India’s richest politicians. </p>.<p>Nagaraju is the BJP candidate from the Hoskote constituency, about 30 km from Bengaluru. </p>.<p>Nagaraju and his wife M Shanthakumari together own movable assets worth Rs 536 crore. Their immovable assets are worth Rs 1,073 crore, according to Nagarjau’s election affidavit. </p>.<p>This is a 31 per cent increase from June 2020 when Nagaraju had declared assets while contesting the Legislative Council election. Then, Nagaraju and his wife owned assets worth Rs 1,220 crore. </p>.<p><strong>Read | <a href="https://www.deccanherald.com/election/karnataka/karnataka-assembly-elections-bjp-fields-52-new-faces-targets-siddaramaiah-and-dks-1208710.html" target="_blank">Karnataka Assembly Elections: BJP fields 52 new faces, targets Siddaramaiah and DKS</a></strong></p>.<p>Nagaraju, 72, has studied up to Class 9. He has declared that his sources of income are agriculture, house property and business.</p>.<p>According to his affidavit, Nagaraju and his wife have liabilities of Rs 98.36 crore, up from Rs 53 crore three years ago. </p>.<p>Nagaraju was one of the 17 MLAs who defected from the Congress-JD(S) coalition in 2019. The former Congress lawmaker lost against independent candidate Sharath Bachegowda in the Hoskote bypoll.</p>.<p>This time, too, Nagaraju is up against Sharath who has formally joined Congress. </p>
<p>Karnataka Municipalities Minister <a href="https://www.deccanherald.com/state/minister-m-t-b-nagaraj-rues-his-party-hopping-decision-1105422.html" target="_blank">N Nagaraju (MTB)</a> has declared total assets worth Rs 1,609 crore, making him one of India’s richest politicians. </p>.<p>Nagaraju is the BJP candidate from the Hoskote constituency, about 30 km from Bengaluru. </p>.<p>Nagaraju and his wife M Shanthakumari together own movable assets worth Rs 536 crore. Their immovable assets are worth Rs 1,073 crore, according to Nagarjau’s election affidavit. </p>.<p>This is a 31 per cent increase from June 2020 when Nagaraju had declared assets while contesting the Legislative Council election. Then, Nagaraju and his wife owned assets worth Rs 1,220 crore. </p>.<p><strong>Read | <a href="https://www.deccanherald.com/election/karnataka/karnataka-assembly-elections-bjp-fields-52-new-faces-targets-siddaramaiah-and-dks-1208710.html" target="_blank">Karnataka Assembly Elections: BJP fields 52 new faces, targets Siddaramaiah and DKS</a></strong></p>.<p>Nagaraju, 72, has studied up to Class 9. He has declared that his sources of income are agriculture, house property and business.</p>.<p>According to his affidavit, Nagaraju and his wife have liabilities of Rs 98.36 crore, up from Rs 53 crore three years ago. </p>.<p>Nagaraju was one of the 17 MLAs who defected from the Congress-JD(S) coalition in 2019. The former Congress lawmaker lost against independent candidate Sharath Bachegowda in the Hoskote bypoll.</p>.<p>This time, too, Nagaraju is up against Sharath who has formally joined Congress. </p>
