Explorer

Andhra Pradesh: Tirupati Temple’s Assets Worth Over Rs 2.5 Lakh Crore

Tirumala's Tirupati Temple of Lord Venkateswara has 2.5 lakh crore worth assets which includes Land Parcels, buildings, cash and gold deposits as well, according to temple officials.

Tirupati: The assets, owned by the Tirumala Tirupati Devasthanams (TTD), the governing body of the ancient hill temple of Lord Venkateswara at Tirumala here is over Rs 2.5 lakh crore, official sources said here on Sunday.

The TTD is growing richer and richer as the cash and gold offerings made by devotees at the hill temple continue to rise and fixed deposits in banks are also generating more income in view of the increase in interest rates, a temple official said.

Sources in the governing body told PTI that the rough value of assets owned by the Tirumala Tirupati Devasthanams across the country could be over Rs 2.5 lakh crore. This includes land parcels, buildings, cash, and gold deposits in the banks, given as offerings to the temple by devotees.

Assigning a value to priceless antique jewelry and properties including cottages and guest houses on the seven hills to provide amenities to devotees could be misleading and hence does not form part of the estimated, general asset value, they said. The sprawling seven hills are held sacred by devotees and are revered as the abode of Lord Venkateswara.

The TTD’s fixed deposits with several PSU and private banks have as on September 30, 2022, crossed Rs 15,938 crore as against Rs 13,025 crore in June 2019, seen as a record surge. The gold deposits made by the Devasthanams in banks have also now increased rapidly from 7.3 tonnes in 2019 to 10.25 tonnes as on September 30, 2022.

Also Read: CM Jagan Reddy To Lay Foundation Stone Of Rs 270 Crore BioEthanol Plant Near Rajahmundry

In its about Rs 3,100 crore annual budget for 2022-23 presented in February, the TTD has projected over Rs 668 crore as income in the form of interest from cash deposits in banks. Also, Rs 1,000 crore income was predicted in the form of cash offerings alone –by about 2.5 crore devotees– in the hundi of the hill temple.

The TTD is getting a good sum as income on the 10.25 tonnes of gold deposited recently with the SBI and Indian Overseas Bank. The SBI alone has about 9.8 tonnes of gold deposits.

The Tirumala Tirupati Devasthanams has over 900 immovable properties measuring well over 7,000 acres across the country and it administers a large number of temples in Andhra Pradesh, Tamil Nadu, Telangana, Odisha, Haryana, Maharashtra, and New Delhi.

(This report has been published as part of the auto-generated syndicate wire feed. No editing has been done in the headline or the body by ABP Live.)

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Tamil Nadu BSP Chief Killed: Madras HC Rejects Plea For K Armstrong's Burial At Party Office As DMK Govt Opposes Proposed Site
Madras High Court Denies Petition For TN BSP Chief K Armstrong's Burial At Party Office
8 Terrorists, 2 Army Personnel Killed In Two Ongoing Encounters In Kashmir's Kulgam
8 Terrorists, 2 Army Personnel Killed In Two Ongoing Encounters In Kashmir's Kulgam
BMW Kills 1, CM Shinde Assures Strict Action As Police Looks For His Deputy's Son
BMW Kills 1, CM Shinde Assures Strict Action As Police Looks For His Deputy's Son
Apna Dal (S) Leader Indrajit Patel Shot Dead In UP's Prayagraj, Accused Held
Apna Dal (S) Leader Indrajit Patel Shot Dead In UP's Prayagraj, Accused Held
Advertisement
ABP Premium

Videos

Maharashtra: Heavy Rain Causes Destruction In Thane, NDRF Deployed To Save 150 Tourists | ABP NewsUP News: Apna Dal (S) Leader Indrajit Patel Shot Dead In Soraon Due To rivalry | ABP NewsWeather Update: NDRF Personnel Deployed As 150 Tourists Get Stuck After Heavy Rains In MaharashtraMaharashtra: Heavy Rains In Thane Leaves 150 Tourists Stranded, Rescue Operation Underway | ABP News

Photo Gallery

Embed widget