New Delhi: Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission and his wife Isher J Ahluwalia own assets worth Rs 3.85 crore and two properties in Greater Kailash and Noida, a RTI reply said on Thursday.

Data showed that he has an outstanding loan of Rs 1.5 crore from Syndicate Bank for house purchase in Greater Kailash in New Delhi. Ahluwalia purchased the 500-square yards house at Greater Kailash in 2006 for Rs 7.1 crore from sale of earlier property and house loan. His wife has a 60 percent share in the house.

All the properties and the bank accounts stated in the RTI reply are jointly held by Ahluwalia and his wife. Ahluwalia has five bank accounts, including one in the United States, with a cumulative balance of more than Rs 1.43 crore.

The couple also has a plot in NOIDA which he obtained through Greenwoods Government Officers' Welfare Society of which he is a member. The plot, along with construction of one room, costed around Rs 25 lakhs.

He also has an apartment constructed in 2001, which costed around Rs 30 lakhs, on first and second floor in Panchsheel Enclave, New Delhi, on an existing single storey house which, along with the plot, is owned by his mother.

He has also invested Rs 3,33,58,817 in Indian mutual funds and Rs 58,49,360 in Fidelity Investment, Washington, DC.


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