Shah is a legislator in the Gujarat Assembly.
Senior BJP leader Piyush Goyal said Shah’s affidavit of 2012 states Shah and his wife owned movable and immovable assets worth Rs 10.99 crore. Goyal said Shah’s mother died on February 28, 2013, after which her ancestral wealth worth Rs 18.85 crore had devolved upon Shah.
“Therefore, in 2013 the value of property owned by Shah increased to Rs 29.84 crore, which in 2017 is worth Rs 34.31 crore,” Goyal said in a press statement. The minister, who has also been the party treasurer, said “much of the increase has been because of the increase in the value of the property.”