Hoskote: The constituency of 'crorepati' candidates

The constituency on the outskirts of Bengaluru is seeing a three-cornered contest

Phantom and the rebel M.T.B. Nagaraj, the disqualified Congress MLA from Hosakote, with his customised Rolls-Royce Phantom VIII, which costs 012.75 crore on road. Nagaraj, who started off as a brick-kiln owner, is now one of the richest politicians in Karnataka. He was among the rebel MLAs who recently brought down the Congress-JD(S) government | Bhanu Prakash Chandra

Hoskote, one of the 15 assembly constituencies that is expected to witness a high stake battle for December 5 bypolls in Karnataka, has "crorepatis" in the fray.

The constituency on the outskirts of Bengaluru is seeing a three-cornered contest between BJP, Congress and JD(S) supported independent candidate.

While the ruling BJP has fielded M.T.B. Nagaraj, one of the disqualified Congress MLAs, as the party candidate; Congress has fielded Padmavathi, who is the wife of Hebbal legislator Byrathi Suresh.

JD(S) has decided not to file any candidate, and has extended support to BJP's rebel Sharath Bachegowda, who is contesting as independent candidate.

According to an election affidavit of Nagaraj filed along with his nomination, his total assets are worth about Rs 1,200 crore, which has grown by over Rs 180 crore in the last 18 months.

On the other hand, Congress candidate Padmavathi along with her husband, Byrathi Suresh, who is MLA from Hebbal have assets worth Rs 424 crore, the election affidavit said.

Padmavathi, who is making electoral debut, has declared her occupation as business.

She along with her husband have movable assets worth Rs 16.63 crore, while their immovable assets run into Rs 407 crore.

Suresh has major share in the properties.

The couple have cars worth Rs 3.13 crore, including Prado, Audi, Hyundai i20, JCB (backhoe), Benz, Innovas, Mahindra jeep.

On the other hand, Sharath Bachegowda, who is contesting as independent candidate, rebelling against the BJP, after the party denied him the ticket favouring disqualified Congress MLA M.T.B. Nagaraj, has declared assets worth Rs 138 crore along with his wife Pratibha in his election affidavit.

Sharath, the son of BJP MP from Chikkaballapura, B.N. Bachegowda, has declared his occupation as public service and business.

He has also declared certain cases pending against him. 

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