Tirupati: The Tirumala Tirupati Devasthanams (TTD), the world’s richest Hindu place of worship, has announced that it has 960 properties across the country, worth Rs 85,705 crore. The Times of India quoted TTD officials as saying that the official figure And the market value of the properties will be at least 1.5 times higher to around Rs 2 lakh crore. This is the first time in recent years that TTD has officially made the details of its properties public.
To put things in perspective, for example, Elon Musk, the world’s richest man and Tesla CEO, announced in 2021 that he would pay $11 billion in taxes that year, a payment of about Rs 85,000 crore, which is the highest for the US. There is also a record for The latest figures from Tirumala Tirupati Devasthanams come at a time when there has been a steady increase in the monthly income of TTD through donations to the temple ‘hundi’ for the last five months. From April this year till now, the total donation through Hundi has crossed Rs 700 crore.
TTD is opening temples in different parts of the country apart from some countries like America
With day by day increase in its treasury, TTD is opening temples in different parts of the country apart from a few countries like America. TTD chairman YV Subba Reddy said on Saturday that the temple trust controls 7,123 acres of land across the country. He said that between 1974 and 2014 (before the present YSRCP government came to power), during the tenure of different governments, different trusts of TTD disposed of 113 properties due to some unavoidable reasons. However, he did not elaborate on the reasons for selling the property.
Subba Reddy said TTD has not disposed of any assets after 2014 and has no plans to sell any of its immovable assets in the future. “Following the instructions of the state government, the previous trust board under my chairmanship resolved to issue a white paper on TTD properties every year. While the first white paper was released last year, the second white paper has also been uploaded on the TTD website with details and the valuation of all the properties. There are gold reserves. Now, with the valuation of all its land properties, the temple has become manifold richer.
