New Delhi, February 19, 2025: The Bharatiya Janata Party (BJP) on Wednesday (February 19) announced Rekha Gupta as the new Delhi Chief Minister. She will be sworn-in as Delhi CM tomorrow in a grand ceremony which will be attended by Prime Minister Narendra Modi, Union Home Minister Amit Shah and all the BJP Chief Ministers among other guests.
BJP held its Legislature meeting in Delhi today and made the announcement after the meeting concluded. Parvesh Verma was one of the frontrunners of the CM candidates, however, the party announced Rekha Gupta as its Chief Minister in the National Capital.
Rekha Gupta was announced as the BJP candidate from AC-14 Shalimar Bagh. She declared total assets exceeding ₹3 crore in her election affidavit. Gupta, who is a professional advocate, filed her nomination with a detailed breakdown of her financial holdings and liabilities.
Rekha Gupta defeated Aam Aadmi Party's Bandana Kumari with a margin of over 25,000 votes in the Delhi Assembly Elections 2025 from the Shalimar Bagh constituency. The first time MLA has now been announced the Chief Minister of Delhi.
Here's a detailed scrutiny of the affidavit submitted by her during the Assembly Elections:
Assets and Liabilities
As per the affidavit, Rekha Gupta's total moveable assets amount to ₹1.25 crore, while her spouse, Manish Gupta, has moveable assets worth ₹1.14 crore. Additionally, the Hindu Undivided Family (HUF) holds assets worth ₹31.09 lakh.
In terms of immovable assets, Rekha Gupta has self-acquired property valued at ₹87.63 lakh, while her spouse owns property worth ₹23.06 lakh. The current market value of her immovable properties stands at ₹2.3 crore, and her spouse’s at ₹30 lakh.
Cash in Hand and Bank Holdings
The affidavit states that Rekha Gupta has ₹50,000 in cash, while her spouse holds ₹75,000. Their total bank deposits and investments across various financial instruments are yet to be fully disclosed in the affidavit.
Liabilities and Loans
Gupta has declared loans totaling ₹48.44 lakh from banks and financial institutions. Her spouse, Manish Gupta, has liabilities amounting to ₹70.39 lakh, while the HUF has an outstanding loan of ₹1.5 lakh. However, she has no pending government dues or disputed liabilities.
Criminal Record
The affidavit confirms that Rekha Gupta has no pending criminal cases or convictions against her.

Professional Background and Income Sources
Rekha Gupta is a professional advocate, while her spouse is an Agency Associate at Kotak Life Insurance and runs a business. Their declared income sources include professional earnings, business, salary, share trading, and interest income.
With significant assets and no criminal charges, Rekha Gupta's affidavit presented her as a financially stable candidate in the elections.