Tirumala temple trust’s net worth pegged at Rs 2.26 lakh crore | Amaravati News

TIRUPATI: The net worth of the Tirumala Tirupati Devasthanams (TTD), the biggest Hindu temple conglomerate in the world, is pegged at Rs 2.26 lakh crore.
The TTD overlooks the affairs of the iconic Lord Venkateswara temple at Tirumala and nearly five dozen other temples across the country.
TOI throws light into the riches of Lord Venkateswara, the richest Hindu deity in the world.
Tirumala Tirupati Devasthanams, established by the British government in 1933, has now grown into one of the most professional temple trusts in the country and its success story has set an example for other temple trusts to emulate, from time to time.
While the Andhra Pradesh government has always closely monitored the affairs of the TTD by appointing officers from the Indian bureaucracy and by constituting trust boards from time to time, the TTD as a Hindu religious institution has reached a state of financial soundness which is unparalleled when compared to any other Hindu religious trust in the world, thanks to the unflinching faith expressed by the devotees of Lord Venkateswara in various forms.
Speaking to TOI after releasing a white paper on TTD investments and deposits on Saturday, TTD EO AV Dharma Reddy said that the total net worth of the temple trust has gone up to around Rs 2.26 lakh crore.
“TTD’s investments in the form of fixed deposits at various nationalized banks in 2019 were Rs 13,025 crore. Despite the challenges of the Covid-19 pandemic, trust’s investments in bank FDs have gone up to Rs 15,938 crore as on September this year. In the last three years, we could manage to increase our investments in bank FDs by Rs 2,900 crore against all odds,” TTD EO noted.
“I still recollect how some vested interests questioned TTD’s financial soundness during the Covid-19 pandemic and wondered if the temple trust could pay the employees’ salaries without having to dig into the fixed deposits. But today, we have managed to add Rs 29,00 crore to our fixed deposits after comfortably paying off salaries and after meeting all our expenditures, which goes on to showcase the strong financial prudence of the TTD,” AV Dharma Reddy recalled.
On the other hand, the temple trust also continued to receive considerable gold donations from the devotees during the last three years in particular.
Today the overall gold deposits of TTD in Centre’s gold monetization scheme is 10.25 tons. In 2019, TTD had only 7.3 tons of gold deposits and the temple trust could manage to add another 2.9 tons of the precious metal in the gold monetization scheme during the last three years.
The total value of TTD’s gold deposits with the various nationalized banks is worth approximately R 5,309 crore.
Meanwhile, the temple trust which has been receiving land parcels as donations from individual donors so far, has been receiving valuable land allocations even from various state governments, for the construction of Lord Venkateswara temples.
Today, TTD has 960 land properties across the country, spread across 7,123 acres of land.
“Following the advice of chief minister YS Jagan Mohan Reddy, TTD had recently released a white paper on properties. While the sub-registrar value of TTD’s properties is pegged at Rs 85,705 crore, the overall market value could be over Rs 2 lakh crore,” TTD EO added.
TTD’s buildings and other fixed assets at Tirumala and Tirupati in the form of guest houses, cottages, pilgrim amenities complexes and super specialty hospitals are pegged at approximately Rs 5,000 crore.

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