V. D. Satheesan set to become Kerala Chief Minister after Congress-led UDF wins clear Assembly majority
The 21-member cabinet swearing-in takes place in Thiruvananthapuram Monday morning, attended by senior leaders
Satheesan’s election affidavit provides details of assets and liabilities declared by him and family
Kerala is set for a political reset as senior Congress leader V. D. Satheesan prepares to take oath as the state’s new Chief Minister. The Congress-led United Democratic Front has secured a clear majority in the Assembly elections, opening the door for a change in leadership.
The swearing-in ceremony for the 21-member cabinet takes place in Thiruvananthapuram on Monday morning with several senior national leaders attend, making it a significant political event for the state.
However, even as attention shifts to the new government, Satheesan’s election affidavit has also come into focus. It offers a detailed picture of the assets and liabilities declared by him and his family.
1 June 2026
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VD Satheesan Net Worth
Satheesan election affidavit filed before the 2026 Kerala Assembly polls showed that he and his wife Lakshmipriya together own assets worth over ₹6 crore.
The disclosure said the couple holds both movable and immovable assets. Satheesan declared movable assets worth around ₹53.82 lakh, while his wife reported movable assets of nearly ₹68.45 lakh.
Their declared assets include cash, bank deposits, shares and gold jewellery. Satheesan stated that he has ₹64,000 in cash, bank shares worth ₹25,000 and 35 grams of gold in the affidavit.
However, the larger share of gold assets belongs to his wife. Lakshmipriya reported owning 1,128 grams of gold, making it one of the major components of the family’s declared wealth in the election filing.
Property & Loans
Satheesan also listed land and residential properties located in Paravoor and Nettoor. Some of these properties came through inheritance, while the family purchased others over the years, according to the affidavit details.
The Congress leader valued his immovable assets at nearly ₹2.42 crore. His wife separately declared inherited land worth around ₹1.85 crore. The filing also revealed that the family owns a car worth ₹9.61 lakh registered in their daughter’s name.
Despite owning assets worth several crores, the affidavit showed that the family also has pending loans. Satheesan declared liabilities of around ₹24 lakh, including home and vehicle loans.
