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LatestAccounting And Audit 21 September 2026

ICAI and Tirumala Temple Explore REITs to Monetise Land Assets

The Institute of Chartered Accountants of India (ICAI) has partnered with the Tirumala Tirupati Devasthanams (TTD) to explore setting up real estate investment trusts (REITs) as a way to unlock the value of the templeā€™s extensive land holdings. The move aims to generate steady revenue for temple maintenance and charitable activities while offering investors a regulated, transparent asset class.

ICAI and the Tirumala Tirupati Devasthanams are studying REIT structures to turn the templeā€™s vast land portfolio into a revenue source.

  • Unlock land value through REITs
  • Provide steady funds for upkeep and charitable work
  • Offer investors a transparent, regulated asset class

Read the full story here.

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ICAI and Tirumala Temple Explore REITs to Monetise Land Assets | Legal Suvidha