Tirupati assets valued at over Rs 85,000 crore – The New Indian Express

By Express press service

TIRUPATI: The Tirumala Tirupati Devasthanams (TTD) has a total of 960 properties spread over 7,123 acres and valued at around Rs 85,705 crore, Chairman of the Board, YV Subba Reddy, said on Saturday. He announced that a white paper, elaborating on the properties of the TTD, would be uploaded to the website. Local tax authorities assessed the properties, located in various locations across the country, and concluded that the value of the land would be over Rs 85,000 crore.

The TT D decided a few years ago to publish a white paper on its assets and properties with the aim of bringing transparency. In November 2020, the Trust published a white paper, revealing that it owned 1,128 real estate assets spread over 8,088.89 acres in the country. Of the total, the TTD auctioned off 141 assets, measuring 335.21 acres, between 1974 and 2014.

No fewer than 61 assets up for auction were farmland, measuring 293 acres. When releasing the figures in 2020, Subba Reddy said they could not do physical land verification due to the Covid-19 pandemic. Among other decisions, the president announced that the TT D has signed a memorandum of understanding with the Rythu Saadhikara Samstha for the purchase of 12 ingredients to make laddoos and other prasadams. He said they also decided to build an amenity complex behind Gowardhan Choultries in Tirumala with an estimated cost of 95 crore to provide low cost accommodation.

TTD to buy land with Rs 25 cr for future needs

The Trust Board decided to build a ring road between the SV Zoo Park in Tirupati and the Vakulamatha temple in Peru. He also decided to procure additional government land of 130 acres with `25 crore for future needs. A total of 300 acres of land was donated to TTD for employee residences.

TTD Board to change VIP darshan slots
Considering the increasing influx of pilgrims to Tirumala post Covid, the TTD would implement a few decisions in a phased manner on a trial basis after Puratasi month. The Council decided to change the timings of the VIP darshan to 10 a.m., instead of the existing early hours, to allow Srivari darshan to common pilgrims, who wait for hours together in compartments and queues.

Considering that the housing available in Tirumala would only be sufficient for a limited number of devotees, the TTD decided to transfer the housing allocation system to Tirupati. “If accommodations are sold out in Tirumala, we ask pilgrims to book their rooms in Tirupati instead of waiting long hours in Tirumala,” Subba Reddy said.

TIRUPATI: The Tirumala Tirupati Devasthanams (TTD) has a total of 960 properties spread over 7,123 acres and valued at around Rs 85,705 crore, Chairman of the Board, YV Subba Reddy, said on Saturday. He announced that a white paper, elaborating on the properties of the TTD, would be uploaded to the website. Local tax authorities assessed the properties, located in various locations across the country, and concluded that the value of the land would be over Rs 85,000 crore. The TT D decided a few years ago to publish a white paper on its assets and properties with the aim of bringing transparency. In November 2020, the Trust published a white paper, revealing that it owned 1,128 real estate assets spread over 8,088.89 acres in the country. Of the total, the TTD auctioned 141 assets, measuring 335.21 acres, between 1974 and 2014. No fewer than 61 auctioned assets were farmland, measuring 293 acres. When releasing the figures in 2020, Subba Reddy said they could not do physical land verification due to the Covid-19 pandemic. Among other decisions, the president announced that the TT D has signed a memorandum of understanding with the Rythu Saadhikara Samstha for the purchase of 12 ingredients to make laddoos and other prasadams. He said they also decided to build an amenity complex behind Gowardhan Choultries in Tirumala with an estimated cost of 95 crore to provide low cost accommodation. TTD will buy land with Rs 25 cr for future needs The Trust Board has decided to build a ring road between SV Zoo Park in Tirupati and Vakulamatha temple in Peru. He also decided to procure additional government land of 130 acres with `25 crore for future needs. A total of 300 acres of land was donated to TTD for employee residences. Considering the increasing influx of pilgrims to Tirumala post Covid, the TTD would implement a few decisions in a phased manner on a trial basis after Puratasi month. The Council decided to change the timings of the VIP darshan to 10 a.m., instead of the existing early hours, to allow Srivari darshan to common pilgrims, who wait for hours together in compartments and queues. Considering that the housing available in Tirumala would only be sufficient for a limited number of devotees, the TTD decided to transfer the housing allocation system to Tirupati. “If accommodations are sold out in Tirumala, we ask pilgrims to book their rooms in Tirupati instead of waiting long hours in Tirumala,” Subba Reddy said.

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