Magunta Sreenivasulu Reddy(TDP):Constituency- ONGOLE(ANDHRA PRADESH)

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Home → Lok Sabha 2024 → ANDHRA PRADESH → ONGOLE → MAGUNTA SREENIVASULU REDDY(Criminal & Asset Declaration)

Lok Sabha 2024

MAGUNTA SREENIVASULU REDDY (Winner)

ONGOLE (ANDHRA PRADESH)

Party:TDP

S/o|D/o|W/o: Magunta Raghava Reddy

Age: 70

Name Enrolled as Voter in: 108 Ongole (Andhra Pradesh) constituency, at Serial no 230 in Part no 168

Self Profession:Business
Spouse Profession:Family Business

Print Profile

Crime-O-Meter

No criminal cases

Assets & Liabilities

Assets:	Rs 57,95,39,820 ~57 Crore+
Liabilities:	Rs 27,83,23,276 ~27 Crore+

Educational Details

Category: Graduate
B.Com from V.R. Collage S.V. University, Nellore In 1973

Details of PAN and status of Income Tax return

Relation Type	PAN Given	Financial Year	Total Income Shown in ITR
self	Y	2022 - 2023	2022 - 2023 Rs 13,85,370 ~ 13 Lacs+ 2021 - 2022 Rs 11,09,410 ~ 11 Lacs+ 2020 - 2021 Rs 37,14,790 ~ 37 Lacs+ 2019 - 2020 Rs 21,96,620 ~ 21 Lacs+ 2018 - 2019 Rs 11,11,890** ~ 11 Lacs+
spouse	Y	2022 - 2023	2022 - 2023 Rs 25,42,800 ~ 25 Lacs+ 2021 - 2022 Rs 23,83,490 ~ 23 Lacs+ 2020 - 2021 Rs 24,49,570 ~ 24 Lacs+ 2019 - 2020 Rs 23,76,330 ~ 23 Lacs+ 2018 - 2019 Rs 24,33,270** ~ 24 Lacs+
huf	Y	2020 - 2021	2020 - 2021 Rs 99,120 ~ 99 Thou+ 2019 - 2020 Rs 1,06,650 ~ 1 Lacs+ 2018 - 2019 Rs 1,11,420 ~ 1 Lacs+ 2017 - 2018 Rs 63,000 ~ 63 Thou+ 2016 - 2017 Rs 2,070** ~ 2 Thou+
dependent1	N	None	None Rs 0 ~ None Rs 0 ~ None Rs 0 ~ None Rs 0 ~ None Rs 0** ~
dependent2	N	None	None Rs 0 ~ None Rs 0 ~ None Rs 0 ~ None Rs 0 ~ None Rs 0** ~
dependent3	N	None	None Rs 0 ~ None Rs 0 ~ None Rs 0 ~ None Rs 0 ~ None Rs 0** ~

Data Readability Report of PAN and Income Tax :No Problems in Reading Affidavit Information

Details of Criminal Cases

No criminal cases

Disclaimer: This information is an archive of the candidate's self-declared affidavit that was filed during the elections. The current status of this information may be different. For the latest available information, please refer to the affidavit filed by the candidate to the Election Commission in the most recent election.

Data Readability Report of Criminal Cases :No Problems in Reading Affidavit Information

Details of Movable Assets

Sr No	Description	self	spouse	huf	dependent1	dependent2	dependent3
i	Cash	18,529 18 Thou+	6,68,134 6 Lacs+	67,854 67 Thou+	Nil	Nil	Nil	Rs 7,54,517 7 Lacs+
ii	Deposits in Banks, Financial Institutions and Non-Banking Financial Companies	Kotak Mahindra Bank Chennai A/c no-04632000003037 11,32,546 11 Lacs+ SBI New Delhi A/c No-010023815265 23,52,786 23 Lacs+ UBI Ongole A/c No-040010025090984 14,51,458 14 Lacs+ SBI FD 2,00,000 2 Lacs+	BOB Nellore A/c No-09800100007262 5,305 5 Thou+ Indian Bank Ptrs RD Chennai No-403479686 1,71,531 1 Lacs+ Kotak Mahindra Bank A/c No-0712699486 1,09,691 1 Lacs+ Kotak Mahindra Bank Sweep Account 34,70,000 34 Lacs+	BoB Nellore Sb A/c No-09800100007944 63,595 63 Thou+ Indian Bank Chennai CU No-403479755 6,11,368 6 Lacs+	Nil	Nil	Nil	Rs 95,68,280 95 Lacs+
iii	Bonds, Debentures and Shares in companies	Angel Champgane LLP Capital 40,000 40 Thou+ Angel Champagne LLP Current (3795740.00) 0 Creative Industries LLP Capital 50,65,830 50 Lacs+ Creative Industries LLP Current 38,33,657 38 Lacs+ Global Alcobev Marketing Enterprises Capital 99,000 99 Thou+ Global Alcodev Marketing Enterprises Current 1,61,99,870 1 Crore+	United Spirits Ltd 4,11,642 4 Lacs+ Balaji Hotels and Enterprises Ltd 0 Balaji Hotels and Enterprises Ltd 0 Appollo Hospitaqls Enterprises Ltd 2,08,03,250 2 Crore+ Vani Threares Pvt Ltd 2,31,750 2 Lacs+ Ador Computers Pvt Ltd 3,22,000 3 Lacs+ RBF Home Finance Ltd 5,00,000 5 Lacs+ RBF Hospitals Ltd 5,00,000 5 Lacs+ Crown Real Estates Pvt Ltd 12,00,000 12 Lacs+ Prayag Enterprises Marketing Services LLP Capital A/c 2,35,000 2 Lacs+ Prayag Enterprises Marketing Services LLP Capital A/c 1,78,81,498 1 Crore+	Balaji Hotels & Enterprises Ltd 0(Value Not Given) Balaji Industrial Corporation Ltd 0(Value Not Given) United Spirits Ltd 73,58,000 73 Lacs+ Kothari Petro Ltd 25,00,000 25 Lacs+ Balaji Constructions Company Pvt Ltd 50,000 50 Thou+ Dhanvathi Investments Ltd 98,010 98 Thou+ East Coast Distilleries Ltd 5,000 5 Thou+ Gayatri Sugar Complex Ltd 1,000 1 Thou+ Kalyani Agro Farms Pvt Ltd 4,500 4 Thou+ Magunta Finance Ltd 10,00,000 10 Lacs+ Nageswar Rao Estates Ltd 2,423 2 Thou+ Pearl Distillers Ltd 90,000 90 Thou+ Raghava Agro Farms Pvt Ltd 9,000 9 Thou+ Sapthagiri Distillers Pvt Ltd 7,50,000 7 Lacs+ Sri Venkateswara Orchards Pvt Ltd 4,500 4 Thou+ Viki Hotels Pvt Ltd 9,000 9 Thou+ Vikirani Investments Pvt Ltd 50 Magunta Enterprises Pvt Ltd 10,00,000 10 Lacs+ Vinayaka Castings Pvt Ltd 6,300 6 Thou+	Nil	Nil	Nil	Rs 8,02,11,280 8 Crore+
iv	(a) NSS, Postal Savings etc	Nil	Nil	Nil	Nil	Nil	Nil	Nil
iv	(b) LIC or other insurance Policies	Nil	Nil	Nil	Nil	Nil	Nil	Nil
v	Personal loans/advance given	K Surya Narayana 10,00,000 10 Lacs+ M Geetha Latha 1,82,32,384 1 Crore+	Smt M Snehalathamma 10,80,467 10 Lacs+ Sri M Raghav 1,57,05,531 1 Crore+ Sri S Subramanyam 7,20,00,000 7 Crore+ Sri AV Aneesh Reddy 1,84,01,600 1 Crore+ Sri M Kiran Reddy 46,01,469 46 Lacs+ Sri M Kiran Reddy 3,54,139 3 Lacs+ Sulaksha Builders Pvt Ltd 4,83,336 4 Lacs+	Ayinabathina Ghanashyam Ongole 8,00,000 8 Lacs+ Balaji Constructions Comapny Pvt Ltd 30,36,142 30 Lacs+ Balaji Traders Banglore 44,42,188 44 Lacs+ Enrich Corporation Services Pvt Ltd 2,71,720 2 Lacs+ Smt M Parvathamma 5,75,167 5 Lacs+ Shri M Snehalathamma 5,75,165 5 Lacs+ Shri M Srinivasulu reddy 1,49,40,816 1 Crore+ Sri M Sudhakara Reddy 20,22,964 20 Lacs+ Advance for Vacant Site at Hyderabad 10,00,000 10 Lacs+	Nil	Nil	Nil	Rs 15,95,23,088 15 Crore+
vi	Motor Vehicles (details of make, etc.)	Nil	Nil	Motors Cars 12,00,000 12 Lacs+	Nil	Nil	Nil	Rs 12,00,000 12 Lacs+
vii	Jewellery (give details weight value)	Nil	Jewelry Bullion 2,07,33,796 2 Crore+	Nil	Nil	Nil	Nil	Rs 2,07,33,796 2 Crore+
viii	Other assets, such as values of claims / interests	Nil	Nil	Nil	Nil	Nil	Nil	Nil
Gross Total Value (as per Affidavit)		4,58,30,319 4 Crore+	17,98,70,139 17 Crore+	4,24,94,762 4 Crore+	Nil	Nil	Nil	Rs 26,81,95,220 26 Crore+
Totals (Calculated as Sum of Values)		Rs 4,96,26,060 4 Crore+	Rs 17,98,70,139 17 Crore+	Rs 4,24,94,762 4 Crore+	Nil	Nil	Nil	Rs 27,19,90,961 27 Crore+

Data Readability Report of Movable Assets :No Problems in Reading Affidavit Information

Details of Immovable Assets

Sr No	Description	self	spouse	huf	dependent1	dependent2	dependent3
i	Agricultural Land	Peduru Village TP Gudur Mandal Nellore AP Sy No-118,98 & 376 Total Area 10.22 Acre Built Up Area Whether Inherited Y Purchase Date 0000-00-00 Purchase Cost 0.00 Development Cost 0.00 77,00,000 77 Lacs+	Nil	Nil	Nil	Nil	Nil	Rs 77,00,000 77 Lacs+
ii	Non Agricultural Land	Indira Mutually Aided Co-Operative Housing Scoiety Ltd Hyderabad Total Area Built Up Area Whether Inherited N Purchase Date 0000-00-00 Purchase Cost 1000000.00 Development Cost 0.00 10,00,000 10 Lacs+ Adarsh Vihar MP Co-Operative Society Delhi Total Area Built Up Area Whether Inherited N Purchase Date 0000-00-00 Purchase Cost 2200000.00 Development Cost 0.00 22,00,000 22 Lacs+	Site At Nellore Ward No-23 Cas No-523 Opp Kasturi Devi Vidyalayam Dargamitta Nellore Total Area 8775.20 1/2 Part Built Up Area Whether Inherited N Purchase Date 1986-04-23 Purchase Cost 47378.00 Development Cost 0.00 1,60,00,000 1 Crore+	Nil	Nil	Nil	Nil	Rs 1,92,00,000 1 Crore+
iii	Commercial Buildings	Nil	Building at 27-68/6/1 Patibandlavari Street Governorpet Vijyawada Total Area 433.33 Sq Yrd 1/3 Built Up Area Whether Inherited N Purchase Date 2005-06-14 Purchase Cost 379752.00 Development Cost 0.00 2,00,00,000 2 Crore+ Bulidng at D No-Old No-67 New No-10 15th Avenue Harrington Road Chet Pet, Lease Hold 1/3rd of 13 Grounds 184 Sq.ft. Total Area 184 Sqft Built Up Area 7500 Sqft Whether Inherited N Purchase Date 0000-00-00 Purchase Cost 342200.00 Development Cost 0.00 0*(Value Not Given)	Nil	Nil	Nil	Nil	Rs 2,00,00,000 2 Crore+
iv	Residential Buildings	Nil	Flat at Srirangam Door No-169 Wast Uthitra Street Srirangam Trichy 6 Ward No-2 Door No-169 East Uthira Street Sringam Trichy 6 Block No-23 Total Area 564 Sqft Built Up Area 564 Sqft Whether Inherited N Purchase Date 2000-08-24 Purchase Cost 523950.00 Development Cost 0.00 40,00,000 40 Lacs+ Building at 18 Subbarao Avenue Nungambakkam Chennai Holding 7/12th Share Total Area 12800 Sqft Built Up Area 14150 Sqft Whether Inherited N Purchase Date 2018-02-23 Purchase Cost 0.00 Development Cost 0.00 15,00,00,000 15 Crore+ Building at Chengelpet Chennai Total Area 43560 Sqft Built Up Area 7000 Sqft Whether Inherited N Purchase Date 2020-11-20 Purchase Cost 110444600.00 Development Cost 0.00 11,04,44,600 11 Crore+	Nil	Nil	Nil	Nil	Rs 26,44,44,600 26 Crore+
v	Others	Nil	Nil	Nil	Nil	Nil	Nil	Nil
Total Current Market Value of (i) to (v) (as per Affidavit)		1,09,00,000 1 Crore+	30,04,44,600 30 Crore+	Nil	Nil	Nil	Nil	Rs 31,13,44,600 31 Crore+
Totals Calculated		Rs 1,09,00,000 1 Crore+	Rs 30,04,44,600 30 Crore+	Nil	Nil	Nil	Nil	Rs 31,13,44,600 31 Crore+

Data Readability Report of Immovable Assets :No Problems in Reading Affidavit Information

Details of Liabilities

Sr No	Description	self	spouse	huf	dependent1	dependent2	dependent3
i	Loans from Banks / FIs	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Loans due to Individual / Entity	M Nikhil Reddy 1,69,98,755 1 Crore+ M Raghav Reddy 20,00,000 20 Lacs+ M Srinivasulu Reddy 1,49,40,816 1 Crore+	GPR Chits P Ltd 9,82,871 9 Lacs+ Mighty Agrotech India LLP 2,50,000 2 Lacs+ Smt M Parvathamma 11,65,799 11 Lacs+ Sri M Nikhil 3,58,36,482 3 Crore+ Magunta Exports 6,25,000 6 Lacs+ Sri M Vijay Kumar Reddy 12,00,000 12 Lacs+ Sri M Srinivasu Reddy 1,82,32,384 1 Crore+	Endeavour Estates Pvt Ltd 39,15,000 39 Lacs+ Kences Constructions P Ltd 21,44,100 21 Lacs+ Magunta Exports 9,55,57,635 9 Crore+ Mighty Agrotech India LLP 2,50,000 2 Lacs+ Pinakini Industries Pvt Ltd 6,10,912 6 Lacs+ Raghava Enyterprises Pvt Ltd 2,89,000 2 Lacs+ Shcil Service Ltd 1,56,99,157 1 Crore+ Sri g Harischandrer Reddy 2,50,00,000 2 Crore+ Sri G Harischander Reddy Loan 1,69,62,509 1 Crore+ Sri M Vijay Reddy Land 2,84,902 2 Lacs+ Sri N Dasaradharami Reddy 2,50,00,000 2 Crore+ Vittal Mallaya Ltd 3,77,954 3 Lacs+	Nil	Nil	Nil	Rs 27,83,23,276 27 Crore+
	Any other Liability	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Grand Total of Liabilities (as per affidavit)	3,19,39,571 3 Crore+	5,82,92,537 5 Crore+	18,60,91,169 18 Crore+	Nil	Nil	Nil	Rs 27,63,23,277 27 Crore+
ii	Dues to departments dealing with government accommodation	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Dues to departments dealing with supply of water	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Dues to departments dealing with supply of electricity	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Dues to departments dealing with telephones	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Dues to departments dealing with supply of transport	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Income Tax Dues	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Wealth Tax Dues	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Service Tax Dues	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Property Tax Dues	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Sales Tax Dues	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	GST Dues	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Any Other Dues	Nil	Nil	Nil	Nil	Nil	Nil	Nil
iii	Grand Total of all Govt Dues (as per affidavit)	Nil	Nil	Nil	Nil	Nil	Nil	Nil
iv	Whether any other liabilities are in dispute, if so, mention the amount involved and the authority before which it is pending	Nil	Nil	Nil	Nil	Nil	Nil	Nil
iv	Totals (Calculated as Sum of Values)	Rs 3,39,39,571 3 Crore+	Rs 5,82,92,536 5 Crore+	Rs 18,60,91,169 18 Crore+	Nil	Nil	Nil	Rs 27,83,23,276 27 Crore+

Data Readability Report of Liabilities :No Problems in Reading Affidavit Information

Profession or Occupation

Self	Business
Spouse	Family Business

Sources Of Income (Details)

Self	Salary and Share of Profit from Partnership Firm
Spouse	Salary and Share of Profit from Partnership Firm
Dependent	Nil

Contracts with appropriate Govt. and any public company/companies

Details of contracts entered by the candidate	Nil
Details of contracts entered into by spouse	Nil
Details of contracts entered into by dependent	Nil
Details of contracts entered into by Hindu undivided family or trust in which the candidate or spouse or dependents have interest	Nil
Details of contracts entered into by Partnership Firms in which the candidate or spouse or dependents are partners	Nil
Details of contracts entered into by Private Companies in which candidate or spouse or dependents have share	Nil

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