Culture

Net worth of Tirupati temple estimated at Rs 2.3 lakh crore

The net worth of the Lord Venkateswara temple, which is one of the richest in the country, has been estimated at Rs 2.3 lakh crore.

Tirumala Tirupati Devasthanams, the trust that manages the temple, has declared its net worth for the first time since its founding in 1933.

The temple trust said it has 10.3 tonnes of gold deposits in nationalised banks worth more than Rs 5,300 crore at the prevailing market prices.

 Besides, it has 2.5 tonnes of gold jewellery, most of which are antique pieces that are considered priceless. Besides, it has cash deposits in banks to the tune of around Rs 16,000 crore.

The list of the temple’s assets includes 960 properties across India with a total area of 7,123 acres. These are valued  at around Rs 85,705 crore, according to TTD chairman YV Subba Reddy.

IN Bureau

Recent Posts

VINBAX 2024: Vietnam-India bilateral army exercise concludes at Kaushalya Dam

The fifth edition of the historic Indo-Vietnam Joint Field Training Exercise, VINBAX-2024, successfully concluded its…

16 hours ago

India-Russia strengthen defence ties at 22nd Working Group meeting on military technical cooperation

The 22nd meeting of the India-Russia Working Group on Military technical cooperation and defence industry…

16 hours ago

“I want to have strong representation of India at World Nuclear Exhibition 2025”: Sylvie Bermann

Sylvie Bermann, President of the World Nuclear Exhibition expressed confidence in India's nuclear supply chain…

17 hours ago

PoJK: Joint Awami Action Committee protests against government following new ordinance, many injured

Joint Awami Action Committee core member Shaukat Nawaz Mir has condemned the attack of police…

18 hours ago

PM Modi meets 31 world leaders, heads of organisations during his 3-nation foreign visit

Prime Minister Narendra Modi participated in 31 Bilateral Meetings and informal interactions with global leaders…

20 hours ago

India- Australia conduct 11th Indian Air Force-Royal Australian Air Force Air Staff Talks

India and Australia conducted the 11th edition of the Indian Air Force and Royal Australian…

20 hours ago