Priyanka Gandhi Vadra files nomination, reveals nearly ₹12 crore net worth, farmhouse in Shimla
Priyanka Gandhi Vadra’s election affidavit reveals significant financial assets, legal challenges, and insights into the wealth of her family. Declaring her assets for the first time, Priyanka has disclosed a net worth of nearly ₹12 crore, while her husband, Robert Vadra, possesses assets worth approximately ₹66 crore. These details came to light as Priyanka filed her nomination for the Wayanad Lok Sabha bypolls, marking her electoral debut.
Priyanka Gandhi’s most valuable property is a 12,000 sq. ft. farmhouse located near Shimla, valued at ₹5.64 crore. She also owns over ₹4.24 crore in movable assets, which include deposits in three bank accounts, mutual fund investments, a Public Provident Fund (PPF), and 4,400 grams of gold worth ₹1.15 crore. Her immovable assets, valued at ₹7.74 crore, include two inherited shares of agricultural land in Mehrauli, New Delhi, and the Shimla farmhouse. Priyanka has declared annual earnings of ₹46.39 lakh for the financial year 2023-24, derived from rental income, bank interest, and other investments.
Priyanka’s liabilities include ₹15.75 lakh, which is being contested as part of ongoing tax reassessment proceedings related to the 2012-13 financial year. The Income Tax Department has issued a demand, and the matter is currently under appeal before the Commissioner of Income Tax (Appeals).
Robert Vadra's financial assets far surpass those of his wife. Vadra’s movable assets are worth ₹37.9 crore, and he owns immovable properties valued at ₹27.64 crore. His real estate holdings include a property in Gurugram, initially purchased for ₹2.78 crore, with additional development costs of ₹3.62 crore. Vadra also has investments in limited liability partnerships such as Sky Light Hospitality LLP, Blue Breeze Trading LLP, and North India IT Park LLP, with total holdings worth ₹35.5 crore.
Additionally, Vadra faces liabilities of ₹10 crore. Tax assessment proceedings for the years 2010 to 2021 have led to a demand of ₹80 crore, of which ₹24.16 crore pertains to the 2019-20 financial year. Vadra has appealed these assessments, with the cases still pending. His declared income for 2023-24 stands at ₹15.09 lakh, significantly lower than the ₹55.58 lakh he reported in 2019-20.