Telangana BJP’s Chevella candidate Konda has family assets worth Rs 4,568 cr

Hyderabad: BJP’s Chevella candidate from Telangana, Konda Vishweshwar Reddy, is probably one of the richest contenders in the country. Tech entrepreneur Reddy submitted his nomination on Monday. He and his family declared assets of Rs 4,568 cr in the affidavit.

Most of his and his wife Sangeeta Reddy’s assets are movable properties. Sangeeta Reddy is one of the daughters of Apollo Healthcare group founder Dr. Pratap C Reddy. Vishweshwar Reddy made his debut in politics in 2013 after returning from the US.

Konda Vishweshwar Reddy, fondly called KVR by his followers, comes from an illustrious family. His grandfather is Konda Ranga Reddy, former deputy chief minister of Andhra Pradesh. It was in his name that the Ranga Reddy district, close to Hyderabad, was named.

Vishweshwar Reddy, a technology entrepreneur who studied and worked in the US, returned to India in 2013 and joined politics. While he won a BRS ticket from the Chevella Lok Sabha segment in the 2014 polls, he later joined the Congress and subsequently lost the elections from the same segment to the then BRS candidate Dr. G Ranjit Reddy in the 2019 polls.

Now he is contesting a BJP nomination from Chevella and hopes to win the elections by a landslide of votes.

While Vishweshwar Reddy declared assets around Rs 1,240 cr, his wife Sangeeta Reddy owned assets worth Rs 3,208 cr and his dependent son has Rs 108 cr assets. The couple owned shares in Apollo Hospital Enterprises Limited, PCR Investments, Citadel Research, Saffron Solutions and other companies. They also own Rs 11 cr worth of diamonds and gold.

They also own two villas at Aparna Elixir Puppalaguda and agricultural lands in Chevella, Rajendranagar and Chittoor. Remarkably, he doesn’t have a car. He is also facing four criminal cases, including a fraud case in Dwarka New Delhi.

Chevella, which falls under the GHMC region where the BJP had not performed well in the last polls, had fielded Vishweshwar Reddy. Interestingly, he and Congress candidate G. Ranjith Reddy will contest against each other again, but from different parties.

Latest polls Vishweshwar Reddy contested on Congress ticket and Ranjith Reddy on BRS nomination. Now Vishweshwar Reddy has been reduced to 2024 and joined the BJP and Ranjith Reddy Congress. BRS had fielded Kasani Gyaneshwar.

The TRS won the seat in both the previous LS elections – 2014 and 2019. In last year’s Assembly elections, the Congress won three and the BRS managed to win four assembly segments that fall under the Chevella Lok Sabha segment.

Besides, TDP’s Dr Pemmasani Chandrsekhar’s Konda Vishweshwar Reddy is another rich candidate from Andhra Pradesh. He is contesting from Guntur Lok Sabha on a TDP ticket.

He filed his nomination on Monday and in his election declaration, he declared that his family property was worth Rs 5,785.28 crores. He is a doctor by profession and also has some successful business ventures. These are his first elections. He returned to India to contest the 2024 elections.

Dr. Chandrasekhar and his wife Koneru Sriratna jointly own shares in nearly 100 companies around the world. He graduated MD in Internal Medicine from Geisinger Medical Center in Danville, Pennsylvania, USA in 2005, after completing MBBS from Dr. NTR University of Health Sciences, Andhra Pradesh in 1999.