Richest Candidates in KDMC Election 2026

The KDMC Election 2026 has triggered intense public interest as official nomination affidavits reveal the richest candidates contesting the Kalyan-Dombivli Municipal Corporation (KDMC) polls. Cutting across party lines, several contenders have declared personal and family assets worth hundreds of crores, underlining the expanding role of wealth in urban local body politics. From real estate heavyweights and business-linked independents to veteran corporators and candidates elected unopposed, the 2026 KDMC race reflects a sharp rise in financial stakes.

Leading the wealth chart is Ravindra Patil of Eknath Shinde’s Shiv Sena, with declared assets of over ₹182 crore, making him the richest candidate in the KDMC election. He is followed by Shalini Sunil Wayle, also from the Shinde-led Shiv Sena, who has declared assets worth ₹140.77 crore, and Saroj Rai, an Independent candidate with business links, whose family assets stand at ₹122 crore. Together, these candidates dominate the list of ₹100 crore-plus contenders in KDMC 2026.

This detailed breakdown of the wealthiest KDMC candidates in 2026, based on official affidavits, highlights not just electoral competition but also the increasing role of economic power in municipal governance.

Ravindra Patil — Eknath Shinde ShivSena

  • Declared Assets: ₹182.56 crore
  • Emerged as the wealthiest candidate in the KDMC election field. His assets reportedly include large real estate holdings and business interests. His wealth has grown significantly since previous elections.


Shalini Sunil Wayle — Eknath Shinde ShivSena

  • Declared Assets: ₹140.77 crore
  • The second-richest candidate in KDMC 2026. Her affidavit shows substantial ancestral property and other high-value holdings, showing an steady increase in declared wealth compared to earlier election cycles, where it was 105 cr.


Saroj Rai (Independent / Business-linked)

  • Declared Assets: ₹122 crore
  • Third among the ₹100 crore+ contenders. She is associated with local business interests and is noted as the wife of a businessman and former corporator, with combined family assets of ₹122 crore.


Varun Patil — Bharatiya Janata Party (BJP)

  • Declared assets: ₹39 crore 72 lakh 76 thousand 411
  • A former corporator, contesting again with strong declared property and business holdings.


Shyaml Gaykar — BJP

  • Declared assets: ₹26 crore 74 lakh 69 thousand 944
  • Son of ex-councillor Mangesh Gaykar, part of BJP’s candidate slate.


Mahesh Patil — BJP (elected unopposed)

  • Declared assets: ₹26 crore 36 lakh 47 thousand 609
  • Won unopposed; declared family and personal assets sum to this figure.


Vikrant Shinde — Nationalist Congress Party (NCP)

  • Declared assets: ₹17 crore 85 lakh 42 thousand 779
  • Business and construction interests contribute to his wealth.


Hema Pawar — BJP

  • Declared assets: ₹15 crore 29 lakh 29 thousand 290
  • Spouse of a former BJP MLA; significant land/property holdings.


Jyoti Marathe — Eknath Shinde ShivSena (elected unopposed)

  • Declared assets: ₹13 crore 51 lakh 44 thousand 468
  • Unopposed winner; indicated substantial movable and immovable assets.


Sachin Pote — Eknath Shinde ShivSena

  • Declared assets: ₹12 crore 49 lakh 4 thousand 214
  • Party candidate with notable property.


Rahul Damle — BJP

  • Declared assets: ₹12 crore 14 lakh 68 thousand 604
  • Declared sizeable property and other holdings.


Mallesh Shetty — Eknath Shinde ShivSena

  • Declared assets: ₹10 crore 36 lakh 42 thousand 941
  • Part of the wealthier cohort of Shiv Sena candidates.


Nilesh Shinde — Eknath Shinde ShivSena

  • Declared assets: ₹8 crore 59 lakh 76 thousand 733
  • The declared assets primarily include immovable properties, such as residential and commercial real estate, along with business income and family assets. A portion of the wealth is also attributed to investments and movable assets as mentioned in the affidavit.


Jayesh Mhatre — BJP (elected unopposed)

  • Declared assets: ₹7 crore 3 lakh 32 thousand 722
  • According to the affidavit, the assets have been accumulated through business activities, property ownership, and family-owned immovable assets. The declaration also includes bank deposits and other movable assets.


Dipesh Mhatre — BJP (elected unopposed)

  • Declared assets: ₹6 crore 33 lakh 88 thousand 766
  • The affidavit shows income derived from business and professional sources, along with residential and commercial properties. The total assets include both self-acquired and family assets, as declared.


Vikas Mhatre and Kavita Mhatre — Eknath Shinde ShivSena

  • Declared assets: ₹4 crore 47 lakh
  • Their combined assets are largely attributed to family properties, business income, and movable assets such as savings and investments, as disclosed in the nomination affidavit.







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