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shikhar agarwal prashakha mathur resort deal ias shikhar agarwal resort land scandal

Udaipur & Ajargarh Resort Land Deal Scandal: IAS Officer Shikhar Agarwal, IPS Wife Prashakha Mathur and Family Buy 40 Cottages | आईएएस शिखर अग्रवाल और परिवार का रिसॉर्ट सौदा विवाद

Senior Rajasthan bureaucrat IAS Shikhar Agarwal, his IPS wife Prashakha Mathur, and family members purchased 40 commercial cottages and villas across Ananta Resorts in Bujhada (Udaipur) and Ajargarh for Rs 6.15 crore, subsequently leasing them back to the seller firm for Rs 1.80 crore annually.

Udaipur: Udaipur — In a major administrative and financial disclosure coming to light in October 2026, senior Rajasthan bureaucrat and Additional Chief Secretary (ACS) shikhar agarwal prashakha mathur resort deal has triggered intense political and administrative debate across Mewar. Official registry documents reveal that IAS officer Shikhar Agarwal, his wife—IPS officer and Additional Director General (ADG) Prashakha Mathur—along with their two sons and in-laws, acquired a total of 40 luxury villas and cottages within a span of 2.5 years. The properties, located in Ananta Resorts at Bujhada in Udaipur district and Ajargarh, were registered between September 2023 and subsequent periods, raising serious questions regarding asset acquisitions, commercial leasebacks, and conflict of interest guidelines.

⚡ Quick Highlights: IAS Shikhar Agarwal & Family Buy 40 Resort Villas in 2.5 Years

  • Total Properties: A total of 40 luxury resort villas and cottages purchased across Bujhada in Udaipur and Ajargarh.
  • Key Buyers: Rajasthan ACS Shikhar Agarwal, IPS ADG Prashakha Mathur, two sons (Shipransh & Prashikh), and in-laws.
  • Acquisition Cost: All 40 properties were acquired for a cumulative declared registry value of approximately Rs 6.15 crore.
  • Leaseback Return: Leased back immediately to Goyal Fashions, the seller company, generating an annual lease rent of Rs 1.80 crore.
  • Udaipur Location: 20 cottages in Bujhada Ananta Resort bought for Rs 15-15 lakh each and leased at Rs 4 lakh each annually.
  • Ajargarh Location: 20 villas in Ajargarh Ananta Resort bought by family members at Rs 14-16.5 lakh and leased at Rs 5 lakh each.

Anatomy of the 40-Villa Deal: Valuation and Simultaneous Lease Structure

The financial architecture of the transaction reveals that senior bureaucrat shikhar agarwal prashakha mathur resort deal involved simultaneous execution of sale and lease deeds. IAS Shikhar Agarwal currently serves as Additional Chief Secretary (ACS) in the Rajasthan government, holding portfolios including Industries, MSME, Public Undertakings, Delhi-Mumbai Industrial Corridor (DMIC), Investment & NRI affairs, alongside heading RIICO, RSLDC, and acting as OSD for the Bhiwadi Integrated Development Authority. Previously, he served as ACS to the Chief Minister. His wife, Prashakha Mathur, is an IPS officer serving as Additional Director General (ADG) for Planning, Modernization, and Welfare.

According to official registry records, the family acquired 20 cottages at the Ananta Resort in Bujhada, Udaipur, with Shikhar Agarwal and Prashakha Mathur buying 10 cottages each at Rs 15 lakh per unit. Similarly, at the Ananta Resort in Ajargarh, both spouses acquired 8 villas for Rs 16.5 lakh each. Their sons, Shipransh and Prashikh, along with maternal grandparents Manjula and Raghuvansh Narayan Mathur, acquired the remaining units, bringing the total acquisition to 40 properties for a combined sum of Rs 6 crore 16.5 lakh. (Also read: Rajasthan SSO Portal Jan Aadhaar & PM Surya Ghar Updates: October 2026 Citizen Schemes Guide).

“The sale deeds and lease agreements for all forty commercial resort units were executed concurrently, binding the seller firm to annual rental payouts.” — Property Registry Records & Financial Audit Trail

  • Concurrent Deeds: Sale and lease agreements were registered simultaneously without operational gap.
  • Bujhada Investment: 20 cottages in Udaipur’s Bujhada purchased at Rs 15 lakh each.
  • Ajargarh Portfolio: 20 villas distributed among sons and in-laws at comparable nominal rates.
shikhar agarwal prashakha mathur resort deal matrix card
Detailed breakdown of the 40 cottages and villas acquired by the senior bureaucratic family in Udaipur and Ajargarh.

Breakdown of Family Property Registries and Lease Returns

The transaction details derived from official property registries highlight how the family distributed purchases among individual members across Udaipur’s Bujhada resort and Ajargarh, alongside their respective lease rental configurations with the developer firm.

Family Member DesignationProperty LocationUnits PurchasedRegistry Cost per UnitAnnual Lease Return
IAS Shikhar AgarwalBujhada (Udaipur) Ananta Resort10 Cottages₹15 Lakh₹4 Lakh per cottage
IPS Prashakha MathurBujhada (Udaipur) Ananta Resort10 Cottages₹15 Lakh₹4 Lakh per cottage
IAS Shikhar & IPS PrashakhaAjargarh Ananta Resort8 Villas₹16.5 Lakh₹5 Lakh per villa
Shipransh Agarwal (Son)Ajargarh Ananta Resort4 Villas₹14L (3) & ₹16.5L (1)₹5 Lakh per villa
Prashिख Agarwal (Son)Ajargarh Ananta Resort5 Villas₹15L (4) & ₹16.5L (1)₹5 Lakh per villa
Manjula & R.N. Mathur (In-laws)Ajargarh Ananta Resort4 Villas₹16.5 Lakh₹5 Lakh per villa

Unpacking the High Return Lease Model with Goyal Fashions

What has drawn intense scrutiny from financial analysts and governance watchdogs is the high-yielding commercial leaseback arrangement attached to the properties. All 40 resort units were purchased from Goyal Fashions and immediately leased back to the exact same company. Under the terms of the lease agreement, the 20 cottages in Bujhada, Udaipur, were leased back at Rs 4 lakh per cottage annually, while the 20 villas in Ajargarh were leased back at Rs 5 lakh per villa annually.

This structural arrangement guarantees the family a combined annual rental income of Rs 1.80 crore on an initial investment of roughly Rs 6.15 crore. Such a return on investment exceeds conventional real estate yields, mirroring commercial financial instruments rather than standard residential vacation home acquisitions. Citizens seeking information on administrative transparency can also review official guidelines via the Rajasthan SSO Portal Jan Aadhaar & PM Surya Ghar Updates: October 2026 Citizen Schemes Guide for broader digital governance frameworks.

  • Guaranteed Yield: Goyal Fashions contracted an annual payout of Rs 1.80 crore to the buyers.
  • High Return Margin: Annual rental income represents nearly 30% of the total acquisition cost.
  • Commercial Utilization: Units remain integrated within active luxury resort inventories.

मुख्य समाचार एवं विस्तृत विवरण: आईएएस शिखर अग्रवाल और परिवार के रिसॉर्ट सौदे पर प्रशासनिक हलकों में हलचल

राजस्थान सरकार में अतिरिक्त मुख्य सचिव (एसीएस) शिखर अग्रवाल और उनकी आईपीएस पत्नी एवं अतिरिक्त पुलिस महानिदेशक (एडीजी) प्रशाखा माथुर के परिवार द्वारा उदयपुर के बुझड़ा और अजबगढ़ स्थित अनंता रिसॉर्ट्स में 40 कॉटेज व विला खरीदे जाने का मामला तूल पकड़ता जा रहा है। सितंबर 2023 के दौरान और उसके आसपास हुई इन रजिस्ट्रियों में आईएएस अधिकारी, उनकी पत्नी, उनके दोनों बेटों और सास-ससुर के नाम पर कुल 40 संपत्तियां दर्ज की गईं। इन सभी संपत्तियों की कुल रजिस्ट्री वैल्यू करीब 6 करोड़ 15 लाख रुपए आंकी गई है।

इस पूरे प्रकरण का सबसे महत्वपूर्ण पहलू यह है कि ये सभी विला और कॉटेज जिस गोयल फैशन्स कंपनी से खरीदे गए थे, उसी कंपनी को इन्हें भारी-भरकम वार्षिक लीज पर वापस दे दिया गया। उदयपुर के बुझड़ा स्थित 20 कॉटेज 4 लाख रुपए प्रति कॉटेज और अजबगढ़ के 20 विला 5 लाख रुपए प्रति विला सालाना की लीज पर दिए गए। इस प्रकार इस परिवार को हर साल लीज के जरिए 1.80 करोड़ रुपए की आमदनी हो रही है। इस सौदे के तहत सेल डीड और लीज डीड एक साथ ही रजिस्टर्ड की गईं, जिससे प्रशासनिक गलियारों में सवाल उठने लगे हैं। स्थानीय प्रशासनिक और प्रशासनिक सुधार गतिविधियों की अधिक जानकारी के लिए पाठक Udaipur Panchayat Samiti Elections Phase 3: 214 Candidates in Fray Across 62 Wards रिपोर्ट का अवलोकन कर सकते हैं।

“बुझड़ा और अजबगढ़ के अनंता रिसॉर्ट्स में खरीदे गए 40 विला और कॉटेज की खरीद और लीज डीड एक साथ तैयार की गईं, जिससे कंपनी को सालाना 1.80 करोड़ रुपए का लीज भुगतान सुनिश्चित हुआ।” — आधिकारिक रजिस्ट्री एवं संपत्ति दस्तावेज

  • पारिवारिक निवेश: एसीएस शिखर अग्रवाल, एडीजी प्रशाखा माथुर, उनके दो बेटों और सास-ससुर के नाम पर कुल 40 संपत्तियां.
  • कुल लागत: सभी विला और कॉटेज की कुल खरीद लागत 6 करोड़ 16.5 लाख रुपए दर्ज की गई.
  • लीज अनुबंध: गोयल फैशन्स कंपनी को लीज पर देने से हर साल 1.80 करोड़ रुपए का भारी रिटर्न मिल रहा है.
  • दस्तावेजी प्रक्रिया: संपत्तियों की बिक्री और लीज के कागजात एक ही समय में पंजीकृत किए गए.

Broader Administrative Impact and Governance Questions in Mewar

The disclosure of this high-value multi-unit resort acquisition involving top-tier state bureaucrats has sparked intense debates across administrative forums in Jaipur and Udaipur. Questions regarding asset declaration compliance, commercial entanglements involving state-regulated entities, and the ethical boundaries of bureaucrat investments are being fiercely debated by civil society organizations.

As inquiries into real estate transactions involving senior civil servants gain momentum, civic bodies and local administrative watchers continue to monitor the enforcement of service conduct rules. Citizens looking into regulatory compliance and local accountability can also cross-reference enforcement actions such as those detailed in the report on Udaipur Kalyanpur Illegal Clinics Raid: 6 Unlicensed Quacks Operating Without Degrees Busted, highlighting the ongoing local governance oversight across Udaipur district.

  • Conduct Rules: Scrutiny over commercial leaseback returns earned by high-ranking civil servants.
  • Transparency Demands: Civil groups call for detailed auditing of asset declarations.
  • Regional Impact: Increased public interest in luxury hospitality investments across Mewar tourist belts.

Frequently Asked Questions (FAQs)

1. Who are the primary buyers in the Udaipur and Ajargarh resort property deal?

The primary buyers include Rajasthan ACS IAS Shikhar Agarwal, his wife IPS ADG Prashakha Mathur, their two sons (Shipransh and Prashikh), and maternal grandparents Manjula and Raghuvansh Narayan Mathur.

2. What is the total investment and annual lease return generated from the 40 cottages?

The family invested approximately Rs 6.15 crore to purchase 40 cottages and villas, which are leased back to Goyal Fashions for an annual rental income of Rs 1.80 crore.

3. आईएएस शिखर अग्रवाल और उनके परिवार ने कुल कितने विला और कॉटेज खरीदे हैं?

आईएएस शिखर अग्रवाल, उनकी आईपीएस पत्नी प्रशाखा माथुर और उनके परिवार ने उदयपुर के बुझड़ा और अजबगढ़ के अनंता रिसॉर्ट्स में कुल 40 विला और कॉटेज खरीदे हैं।

4. इन संपत्तियों की खरीद और लीज से परिवार को कितना वार्षिक लाभ मिल रहा है?

लगभग 6.15 करोड़ रुपए के कुल निवेश पर इन सभी संपत्तियों को बेचने वाली कंपनी (गोयल फैशन्स) को ही सालाना 1.80 करोड़ रुपए की लीज पर दिया गया है।

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HC Ajmera

HC Ajmera

The Udaipur Mirror Editorial Bureau is an independent newsroom comprising financial analysts, investigative reporters, and regional correspondents based in Udaipur, Rajasthan. The bureau provides data-driven coverage of Indian IPOs, Dalal Street market movements, Rajasthan infrastructure, and Mewar architectural heritage, adhering strictly to SEBI compliance norms and the Press Council of India code of ethics.

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