Bhopal: Property details submitted by Madhya Pradesh (MP) cadre Indian Police Service (IPS) officers to the Union Home Ministry reveal that a majority of senior officers are millionaires, with agricultural land, commercial, and residential properties being their preferred investment avenues.
Among the 76 IPS officers at the DG, ADG, IG, and SP levels, nearly 59% own assets exceeding ₹1 crore, highlighting the substantial wealth accumulation in the state’s police hierarchy.
Top Wealthy IPS Officers in MP
Ajay Kumar Sharma – Chairman, Police Housing Corporation
- Total property value: ₹11.65 crore
- Annual rental income: ₹3.82 lakh
Key assets:
- Plot in Bawadia Kala, Bhopal – ₹1.50 crore, rent ₹1.10 lakh/month
- Flat in South East Friends Colony, Delhi – ₹7 crore, jointly owned with daughter and son-in-law, rent ₹1.20 lakh/month
- Farmhouse in Chandanpura, Bhopal – ₹1.5 crore, inherited, rent ₹1.50 lakh/month
- Land in Kolar’s Aranya Valley Housing Society (wife’s name) – ₹1.65 crore
Upendra Kumar Jain – DG, EOW
- Total property value: ₹8.39 crore
Key assets:
- Agricultural land in Indore and Barwah – total ₹2.41 crore
- House in TT Nagar, Bhopal (shared with sister) – ₹2.97 crore
Varun Kapoor – DG, Jail
- Total declared property: ₹4.43 crore
- Annual rental income: ₹5.12 lakh
Key assets:
- House in Indore – ₹40 lakh, rent ₹5.12 lakh/year
- Flat in Shyamala Hills, Bhopal – ₹70 lakh
- Agricultural land in Depalpur – ₹26.49 lakh
- Commercial land in Rau – ₹1.03 crore
- Shop in Indore Scheme 134 – ₹1.50 crore
Jaideep Prasad – ADG, SCRB
- Total property value: ₹5.32 crore
- Annual income from properties: ₹16.5 lakh
Key assets:
- Two houses in Ramgarh, Jharkhand – ₹45 lakh
- Flat and land in Bhopal – total ₹16 lakh
- 11.5 acres of ancestral land in Hazaribagh – ₹90 lakh
- Multiple residential and agricultural plots across Bhopal and Sehore – total ₹1.25 crore
- Flats in Gautam Buddha Nagar (UP) and Ranchi – total ₹97 lakh
- Two industrial plots in Gurgaon – ₹1.10 crore
Anil Kumar – Special DG, Women’s Branch
Total property value: ₹3.62 crore
Key assets:
- 4,000 sq. ft plot in Sanjeevnagar, Bhopal – ₹80 lakh
- 18 acres of agricultural land in Barkheda Bajyafta, Sehore (wife’s name) – ₹1.8 crore, annual income ₹3.50 lakh
- 3 BHK flat in Noida – ₹1 crore, annual income ₹2 lakh
- Office in Delhi – ₹50 lakh, income ₹4 lakh
Other Senior Officers’ Wealth
Anant Kumar Singh, Special DG (Deputation) – ₹7.15 crore, annual rental income ₹21.8 lakh. Assets include agricultural land in Bhopal and Mendori, flats in Delhi and Noida.
K.P. Venkateshwar Rao, ADG (Technical Services) – ₹6.25 crore, income ₹3.6 lakh. Assets in Telangana and Delhi include flats, land, and houses.
Ravi Kumar Gupta, Special DG (Railways) – ₹5.27 crore, annual income ₹26.28 lakh. Assets spread across Bhopal, Gwalior, Raisen, and Delhi.
Chanchal Shekhar, ADG (SAF) – ₹5.05 crore, annual income ₹17.75 lakh. Assets include agricultural land, flats, and commercial property.
SP-Level Officers
Among 16 SP-level officers, all are crorepatis, with DCP Crime Akhil Patel holding the highest assets at ₹6.87 crore.
Other notable SP-level officers include Rajgarh SP Amit Tolani with ₹3.85 crore.
Eleven SP-level officers declared no assets.
Patterns and Insights
- Majority investments: Agricultural land, commercial properties, and residential flats
- High-income sources: Rental income from flats and commercial properties often exceeds government salary
- Top earners: Ajay Kumar Sharma and Upendra Kumar Jain
- Regional concentration: Bhopal, Indore, Sehore, Delhi, and Gurgaon
This data, collected from the property disclosures submitted to the Union Home Ministry, reveals that wealth accumulation among senior IPS officers in Madhya Pradesh is significant, with many officers leveraging property investments for substantial passive income.
