He is the Congress candidate from Bellary City constituency

Anil Lad, who is contesting for the second time as the Congress candidate from Bellary City Assembly constituency, has assets of Rs. 230.08 crore, according to the declaration made by him while filing his nomination papers here on Wednesday, which is double the value of assets declared by him in 2008.

According to the affidavit filed by him, he has moveable assets worth Rs. 115.93 crore (Rs. 81.75 crore in 2008) and immoveable assets of Rs. 114.14 crore (Rs. 65.21 crore in 2008).

Assets in the name of his wife, Arati A. Lad, are worth Rs. 43.84 crore (Rs. 31.02 crore in 2008).

The moveable assets include deposits in banks, financial and non-banking institutions comprising bonds worth Rs. 3.19 crore, debentures worth Rs. 28.91 crore, loans advanced totalling Rs. 101.21 crore and other assets, including jewellery and vehicles.


He owns agricultural land worth Rs. 6.82 crore, non-agricultural land worth Rs. 78.74 crore, commercial and residential buildings worth Rs. 18.89 crore and another residential building worth Rs. 9.7 crore.


Mr. Lad’s liabilities, including bank loans, have been put at Rs. 51.25 crore.

He had declared a loss of 1.52 crore in the Income Tax returns filed at the end of March 2012, when he had declared his income as Rs. 1.05 crore.

Tippareddy’s assets

Chitradurga Staff Correspondent reports:

G.H. Tippareddy, MLC, who is the BJP candidate in Chitradurga Assembly constituency, has declared that he owns properties worth Rs. 24.34 crore and has borrowed Rs. 2.2 crore.

Mr. Tippareddy filed his nomination papers on Wednesday.

Immovable property

Mr. Tippareddy’s wife and sons have agricultural land at Kadabankatte, Doddballapur, Kodihalli, Barampur, Hoskote, Gollarhatti, Medehalli, Madakaripur, Kavadigarhatti and Hulagundi villages. He has bank deposits of Rs. 10 lakh, besides 386 gm of gold and 1 kg of silver.

Outstanding loan

He has stated in his declaration that he has an outstanding loan of Rs. 2.14 crore with the Reddy Cooperative Bank. He has also borrowed Rs. 6 lakh from Apex Bank, Bangalore, for purchasing a car. The balance in his bank account is Rs. 19.5 lakh.

The former legislator H. Anjaneya, who filed his nomination papers from the Holalkere Assembly constituency, has declared that he owns assets worth Rs. 3.16 crore. He has loans totalling Rs. 51 lakh from different banks. He has gold worth Rs 4.4 lakh and silver worth Rs 1.5 lakh.