Palaces, cars, cash: Assets of Shivaji’s descendants

MUMBAI: Chhatrapati Shahu Maharaj, a 12th generation descendant of Maratha king Shivaji Maharaj, who is contesting from Kolhapur Lok Sabha seat as a Congress candidate, has declared assets worth around ₹343 crore. This includes movable and immovable properties in the name of his wife Yadnasenaraje and his Hindu Undivided Family (HUF). His election affidavit filed recently revealed that all the immovable assets possessed by him is inherited property worth over ₹150 crore.

He is not the only Shivaji family member who is contesting the general elections from Maharashtra. Udayanraje Bhosale, another descendant of Shivaji Maharaj who is contesting from Satara as a BJP nominee, has declared assets worth ₹226 crore. He has also declared liabilities worth over ₹2.44 crore in the form of loans. Among that is a car loan of ₹31.64 lakh.

Shahu Maharaj, who belongs to the erstwhile ruling family of Kolhapur, owns a palace in Kolhapur city spread over 65,614 square feet. He has no criminal cases or financial liability such as debt or loan in his name. He has a life insurance policy worth ₹75 lakh.

Bhosale, who is currently a Rajya Sabha MP from BJP, will be contesting against NCP (SP) candidate Shashikant Shinde from Satara seat that falls in Western Maharashtra region. He has declared inherited property worth ₹148.72 crore and total immovable property worth ₹172.49 crore which includes commercial assets, agricultural plots and non-agricultural properties spread in different areas of the state such as Satara, Solapur, Pune and among others.

His wife owns property in

North Goa and a Volkswagen Polo car. Construction work has been going on since 2010 at their palace, Jal Mandir at Shukrawar Peth in Kolhapur.