Tirumala Tirupati controls properties worth Rs 85,000 crore across India

TIRUPATI: Tirumala Tirupati Devasthanams (TTD), the richest Hindu temple body in the world has finally provided an answer about the overall value of all TTD properties located across the country.
According to the TTD chairman YV Subba Reddy, the temple trust as on today has 960 properties located across the country which is spread across in an extent of 7,123 acres valued at Rs 85,705 crore.

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YV Subba Reddy told reporters that between 1974 and 2014, different TTD trusts under different governments had disposed off 113 properties belonging to the temple trust for various reasons.
He clarified that no TTD properties were disposed off after 2014 till today.
“Following the directions of the state government, the previous TTD trust board under my chairmanship had resolved to release a white paper on TTD properties every year. While the first white paper was released last year, the second white paper with details and valuations of all the properties have been uploaded on the TTD website now. We believe in rendering a transparent administration in line with the sentiments of the devotees and vow to preserve the properties of the temple trust,” Subba Reddy reiterated.
TTD, which has more than Rs 14,000 crore in fixed deposits in various nationalised banks and nearly 14 tons of gold reserves, is already touted as the richest Hindu temple body in the world.

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