Tuesday, July 17, 2012

Firoz.T.Totanawala The Bangalore Metro Reporter SUB REGISTRAR CHELUVARAJ-2 MAN, HOW MUCH HE EARNS?

By Firoz.T.Totanawala

The Bangalore Metro Reporter


SUB REGISTRAR CHELUVARAJ-2 
MAN, HOW MUCH HE EARNS?

 Cheluvaraj, a Sub Registrar presently working in the most fertile Varthur office, has come a long way from a mere probationary in 1999 to a multi millionaire by 2012. He is now the Transfer broker in the registration department making some more millions. In spite of the Lokayukta raiding him in 2010, Cheluvaraj is making millions in two ways - one as the Sub Registrar and another as the Transfer broker. 

One feels shocked at the naami and benami properties he has made. In 1999, when he joined as the probationary Sub Registrar, according to his assets and liability statements filed with the government for 1999-2000, his declared assets were ‘Nil’ except a house and a quarter acre of land in Chennarayaptna and that too in his grand parent’s name. 

When the Lokayukta raided his posh house in Banashankari II Stage, which he has built in his father-in-law’s name, the Lokayukta police were surprised. His father-in-law, who had retired from service long back, had no where withal to fund the construction of this house, which costs not less than Rs. 50 lakhs. 

Cheluvaraj had worked in a highly fertile Mysore north where he began his money making business. It is here, he started purchasing properties, which by 2007, multiplied by leaps and bounds. He also made many properties in his wife’s name. 

In his assets and liabilities statement for the years 2006-2007, he had a list of properties both in his and his wife’s names. In Lalithadripura in Mysore, he had purchased a big site 60x45 in his mother’s name showing the value at Rs. 8.10 lakhs. Similarly, he had purchased another big site in Belavadi at Mysore measuring 40x60 showing the value at 5.80 lakhs. This site was purchased by Cheluvaraj in his wife’s name. Interestingly, he had shown Rs. 11 lakhs Fixed Deposit in Saraswathipuram Branch of Vijaya Bank being the sale proceeds of site in Kothanur Bangalore South. However, this property was not mentioned in his earlier statement. 

From 1999 to 2007, Cheluvaraj made properties in his wife and mother’s name worth over a crore. The building in BSK II Stage in his father-in-law’s name alone is worth more than 2 crores today. From 2007, when he landed in Bommanahalli Sub Registrar office in Bangalore, he made lot of properties worth crores. He had worked in Bommanahalli for three years and after the Lokayukta raid, he moved on to another fertile Mahadevapura office. Now he has grabbed the Varthur office. 

 What about the Transfer business and its returns? What about his earnings after 2007? 
(To be continued)

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