TTD to auction 50 properties, denies allegations against the move

Two teams have been constituted for conducting the public auction, finalising successful bidders, registration of documents in favour of successful bidders and remittance of sale proceds to TTD accoun

The Tirumala Tirupati Devasthanam (TTD) Board has decided to sell 50 immovable properties in Andhra Pradesh and Tamil Nadu, worth Rs 23.92 crore through a public auction. This include 23 properties in Tamil Nadu, according to documents.

While the decision has raised controversy, TTD Chairman Y V Subba Reddy said that the decision was taken by the previous Board of Trustees and the Board had in the past sold several such unviable assets through auction.

According to the documents, TTD Board in a resolution resolved to dispose the immovable properties with an upset value or bidding value fixed at a total of