TTD releases white paper on immovable assets of temple

Andhra News, News

Tirumala: The TTD Trust Board Chairman YV Subba Reddy released a white paper on the immovable assests of the Temple. Speaking to the media persons YV Subba Reddy said that the TTD has owned 1,128 immovable assets across the country, measuring 8,088.89 acres of land.

Of the total, 141 assets measuring 335.21 acres were auctioned by the TTD from 1974 to 2014. Of them, 61 are agriculture lands measuring 293 acres. The remaining 80 are non-agriculture assets measuring 42.21 acres (2, 04,342.36 sq yards) costing Rs 6.13 crore.

As of November 28, 2020, the TTD has possessed 987 assets spread over 7,753.68 acres. Of the total, 172 assets measuring 1,792.41 acres are agriculture lands and 815 non-agriculture lands measuring 5,961.27 acres (2, 88, 52,546.8 sq yards), he said.

Subba Reddy said the TTD meeting held on May 28 this year resolved to release a white paper on the lands donated to the temple. The lands include encroached ones, which are not in use and unproductive assets. “Today, we released the white paper on assets. There are 1,128 assets measuring 8,088.89 acres of land,” he disclosed.

However, he said they are not aware of the total worth of assets as they could not take up physical verification of the lands due to the Covid-19 pandemic. The officials concerned have been instructed to conduct a survey of lands, besides physical verification, with the help of revenue authorities, he said.

The TTD resolved to release the white paper following a controversy over the proposed sale of five unproductive assets in Tamil Nadu by the previous Trust Board. Subba Reddy made it clear that the TTD has no intention of selling or auction the lands donated to Sri Venkateswara temple by devotees. They are mainly house sites measuring 6,003.48 acres (2, 90, 56,843.88 sq yards).

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