According to a report by news channel Asianet News, Srinijan had declared while contesting as a Congress candidate in the 2006 Assembly elections that he had no landed property. He had contested unsuccessfully from the SC reserved constituency of Njarakkal in Ernakulam.
He was the vice-president of the State Youth Congress then. The land registration documents cited by the report shows Sreenijan had purchased 2.5 acres of a riverfront property for Rs 14 lakh in Thrissur in 2007. However, according to locals, the market rate for a cent of land in the locality was Rs 2 lakh. The report also showed visuals of a resort under construction on the riverfront property.
In another instance, Srinijan and his wife K B Sony had in 2009 jointly purchased 30 cents at Elamakkara in Kochi, paying a lakh of rupees a cent. The marker rate of this property is Rs 8 lakh for a cent. Again, last year, another 15 cents of property was purchased in the name of Srinijan's mother.
Interestingly, the report points out that Sreenijan’s IT returns in 2009 showed his annual income to be Rs 25 lakh and that of his wife as Rs 15 lakh. The two are lawyers. A Toyota Corolla car was purchased in Sony's name in 2007 and a flat at Edapally in the Kochi. The IT returns on record do not show any other source of income for the couple.