Shiv Sena's Ravindra Waikar: From Mumbai Corporator to Maharashtra Minister, A Look at His Political Rise and Assets (With Family Details)

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Ravindra Waikar is a Shiv Sena politician from Maharashtra, India. 


Political career:

  • Elected as corporator in Brihanmumbai Municipal Corporation for four consecutive terms (1992-2007).
  • Served as Standing Committee Chairman in Brihanmumbai Municipal Corporation (2006-2010).
  • Elected to Maharashtra Legislative Assembly for three terms, representing Jogeshwari East constituency (2009, 2014, 2019).
  • Held the portfolio of Minister of State for Higher & Technical Education in the Maharashtra State Government (2014-2019).
  • Currently, a member of the 14th Maharashtra Legislative Assembly.

Family:

  • Wife: Manisha Waikar.
  • Children: Dipti Waikar Potnis and Prajakta Waikar Mahale.

Networth:

While Ravindra Waikar's exact net worth is not publicly available, his declared assets have been documented in election affidavits filed with the Election Commission of India.

  • As of 2014, his total declared assets were Rs. 20,51,37,559 (approximately $27.5 million USD at the time).
  • This included fixed assets like land, buildings, and investments, as well as movable assets like vehicles and bank deposits.
  • Notably, his liabilities at that time amounted to Rs. 80,70,487 (approximately $1.1 million USD).

Hotel and other businesses:

There is no publicly available information about Ravindra Waikar owning a hotel or directly involved in any specific business ventures. However, his declared assets include investments in companies like Icchapurti Infrastructure Pvt Ltd and Dipti Consultancy Service.

 

ED Raid in January 2024:

In a significant operation, the Enforcement Directorate (ED) is conducting raids at various locations associated with Ravindra Waikar, a close associate of Shiv Sena (UBT) leader and former Maharashtra Chief Minister Eknath Shinde. The ED is examining potential money laundering charges related to alleged irregularities in the construction of a high-end hotel in Mumbai's Jogeshwari area.

Waikar, aged 64, holds the position of a four-term Corporator in the Brihan Mumbai Municipal Corporation and has served as a three-term MLA representing Jogeshwari East. A seasoned figure in Mumbai politics, Waikar has maintained proximity to the Thackeray family, opting to align with them following the party's split in June 2022.

As of now, Waikar has refrained from providing any comments on the ongoing developments. Meanwhile, Maharashtra Chief Minister and Shiv Sena Chief Leader Eknath Shinde conveyed, "If one is clean, there is nothing to be worried about."