Top 5 Highly Expensive Assets Owned by Politician Jyotiraditya Scindia

Top 5 Highly Expensive Assets Owned by Politician Jyotiraditya Scindia

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49 YO Jyotiraditya Madhavrao Scindia is an Indian politician , who belongs to the house of Scindia that once ruled in in the city of Gwalior . Jyotiraditya Scindia’s family has been into politics ever since his grandmother, Vijayaraje Scindia joined politics back in 1957 and won the Guna seat from the Congress Party. He is a former MP representing the Guna Constituency in the state of Madhya Pradesh. Now Scindia is in Bhartiya Janta Party (BJP).

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This  Gwalior royal family, which is among the richest families in India currently. In 2019, the politician had filed an affidavit declaring all his assets, before contesting the elections. Now that he is back in the news, here are some of the most bizarre and expensive things he owns.

1. Property worth ₹2,970 crores

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In his affidavit, Jyotiraditya Scindia declared property assets worth ₹2,970 crores. The biggest piece of real estate he owns is his ancestral palace. The Jai Vilas Mahal is spread across over 40-acres and is reported to have over 400 rooms. A part of the palace is dedicated to be a museum wing, while the rest still houses the royal family. Besides that, he also owns a 19-acre land in Maharashtra’s Shrigonda and 43 acres in Limban village.

2. Flats in Samudra Mahal

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Besides the above mentioned property, Jyotiraditya Scindia also owns two flats in a Mumbai high-rise called Samudra Mahal. Incidentally, he had rented out one of his duplex flats in the A wing of the building to YES Bank CEO, Rana Kapoor. Even the absconded Neerav Modi has a flat in Samudra Mahal .However, Scindia is reported to have paid about ₹31 crores for these flats.

3. A Silver Train

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If you ever have the fortune to visit Gwalior, you must check out the Jai Vilas Mahal. It was built in 1874 by Maharajadhiraj Shrimant Jayajirao Scindia Alijah Bahadur. Reportedly, architect Sir Michael Filose drew inspiration from Italian,Tuscan and Corinthian style of architecture. It is extravagant in all the right ways. The dining room houses 40-seater dining tables, fitted with a train track, which is a part of the pièce de résistance. A model silver train runs the lengths of the tables, carrying after-dinner brandy and cigars. This seems apt, considering that Jyotiraditya’s father, Madhavrao Scindia served as the Railway Minister of India.

4. 1960 model BMW car

Among Jyotiraditya Scinida’s $2 billion inheritance is a 1960’s BMW car. This is a part of the vintage car collection sitting in the Jai Vilas Mahal. However, among all the cars, the one that stands out is a BMW Isetta. What makes this car so special is that it runs only on three wheels. This unusual car makes appearances only on special occasions.

5. Two 3,500-kg Chandelier

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You may now have a hazy idea about the grandiose that the Jai Vilas Mahal exudes. But maybe this will give you a clearer idea. This 1,240,771 square feet palace’s main attraction is its opulent Durbar Hall. Its interiors are decorated with gilt and gold furnishings and adorned with a huge carpet and gigantic chandeliers. Each of these chandeliers weighs a whopping 3,500 kgs. During the time of installation, it is said that eight elephants were suspended from the ceiling of the Durbar Hall to make sure that the roof was strong enough to take the weight of these majestic chandeliers. Two of these 12.5m-high chandeliers currently brighten up the Durbar Hall with the help of 250 light bulbs. They also reportedly hold the record for being the largest pair of chandeliers in the world.

Scindia has gained his education from esteemed institutions like The Doon School, Harvard University and Stanford University.

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