Search
Close this search box.
Advertisement

Millionaire Weddings in India, despite the cash crunch Karnataka Billionaire to showcase the 500 crore wedding of his daughter

After the demonetization of high value currency by the Modi government everybody facing the crash crunch in the market while one family in India is
Estimated Reading Time
Share Button

After the demonetization of high value currency by the Modi government everybody facing the crash crunch in the market while one family in India is completely not bothered by the  demonetization and planning a whooping 500 crore wedding. It is none other than a cash king of Karnataka, Minning baron and billionaire Janardhan Reddy who has recreated the Vijayanagara Empire on the ground in Bangalore. Read the complete report here.

According to the news article published by the online news portal of Bangalore The News Minute, The so-called Cash King and Billionaire who is also a winning baron of Karnataka, has built a model palace which is the recreation of Vijayanagara Empire on the Grounds in Bengaluru. According to the news channel claims, this is the only family in India that has not been crippled by the cash crunch that has followed by the demonetization of high value notes.               

The sources have also revealed that, the mining baron and the former BJP minister of Karnataka who was accused of several money laundering and illegal mining cases.The business tycoon has not spared any expense efforts or imagination to host the big fat wedding that the Bengaluru state or perhaps the country has ever witnessed for his daughter Brahmin.

THE WEDDING RITUALS
THE WEDDING RITUALS

Meanwhile the hundreds of thousands of Indians are waiting in the big lines to get the cash and millions of Indians who still cannot afford a one time meal, Mr. Janardhana Reddy is reportedly spending a whopping 500 crore rupees on his daughter’s wedding. The four-day ostentatious affair, which began on November 12 with a mehndi ceremony will culminate in an outrageously extravagant wedding on November 16.

For starters, Janardhana Reddy, who reportedly believes he’s the reincarnation of the 14th century Vijayanagara King Krishnadevaraya, has recreated the Vijayanagara empire on 36 acres of land at Palace Grounds in Bengaluru. The groom Rajeev Reddy, the son of a Hyderabad-based industrialist, will tie the knot with Brahmini in a kalyana mandapa (wedding pavilion) that will resemble the Vijaya Vittala Temple in Hampi, reports BTV. Eight priests from the Tirupati Thirumala temple will perform the rituals, reports India Today. 

RECREATION OF VIJAYANAGARA PALACE
RECREATION OF VIJAYANAGARA PALACE

No faux-royal wedding is complete without a palace. Janardhana Reddy’s money will be spent on building King Krishnadevaraya’s palace, Lotus Mahal and Mahanavami Dibba all painstakingly reconstructed by some of Bollywood’s biggest art directors and around 100 labourers, reports Deccan Chronicle.

The word “simple” it seems is missing from Janardhana Reddy’s lexicon. The former BJP minister will reconstruct his childhood home “Hale Mane” in Belgaavi and it is here that he will hand over his daughter to the groom. The other frills at the big fat Reddy wedding include elephants, camels and chariots. The dining hall will resemble a traditional village set-up in Bellari. The wedding of the year will also, if rumours are to be believed, see the King Khan of Bollywood Shah Rukh Khan and Prabhu Deva perform. Other celebrity names doing the rounds are Alia Bhatt and Varun Dhavan while Tollywood’s Rakul Preet Singh, Priya Mani, comedians Brahmanandam, and Ali are among the A-list performers, reports Manorama. The newspaper estimates that 30,000 guests will participate in the wedding festivities, with 1500 rooms in star hotels booked to accommodate them, while 2000 cabs will ferry them to the venue and back. 15 helipads have also been set up to fly-in VIP guests. Keeping with palatial theme, attendants will be dressed as soldiers to usher the guests into the wedding. The bride’s wedding trousseau will comprise a Rs 17-crore saree, which she will wear on her wedding day. The multi-crore saree will be accessorised with jewellery worth 90 crore rupees, gifted by the bride’s father for the special day.    

About Janardana Reddy

Having been arrested by the CBI on the charges of illegal mining in 2011, Janardhana Reddy was granted bail by the Supreme Court in January 2015 on the condition that he does not visit his hometown of Ballari and Kadapa, where his mining company is situated. The apex court, however, relaxed its restrictions for 21 days from November 1 to November 21, allowing him to visit Ballari in view of his daughter’s wedding.

In 2014, a special anti-money laundering court attached assets worth Rs 37.86 crore belonging to Janardhana Reddy and his wife in connection with the mining scam. The ED had also frozen his bank accounts, besides attaching properties in Bengaluru and Ballari.

millionair-wedding-5

Quoting anti-corruption activists, Hindustan Times reported in January 2015 that the BJP leader has parked between Rs 40,000 crore to Rs 50,000 crore in tax havens such as Singapore, Mauritius, and Isle of Man.

But the CBI’s conservative figure pegged the mining baron’s off-shore money at Rs 5000 crore, with the report suggesting that the investigating agency was finding it difficult to recover the money, as officials at the tax havens were refusing to share information on Janardhana Reddy’s wealth.

But not everyone is onboard with the over-the-top spectacle, especially when lakhs across the country are scrounging for cash. 

State health minister KR Ramesh Kumar, who had introduced the private member’s bill to stop the excessive display of wealth at weddings, had stated that no individual with self-respect would attend the wedding.

Publicly deriding Janardhana Reddy for his daughter’s opulent wedding card, fitted with an LCD screen, Kumar said, “It is a sheer obscene display of wealth. I will not attend this marriage. I will not attend such marriages if any of my relatives or friends indulge in displaying the wealth.”   

NEWS AND IMAGE SOURCE

Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments