ICAI Working with TTD for REITs to Monetise Land Assets
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AI-generated summary of the coverage listed below: The Institute of Chartered Accountants of India is collaborating with the Tirumala Tirupati Devasthanams to modernise the temple trust’s finances. The partnership focuses on setting up real‑estate investment trusts to monetise the trust’s land holdings, valuing its gold assets, and drafting an updated accounting manual. The initiative aims to unlock value from the trust’s assets and strengthen its financial systems, potentially providing new revenue streams for the temple.
Covered by 2 outlets across the spectrum: 0% left, 0% center, 100% right.
Who is covering this story
- Right-leaning (2): Times of India, Deccan Chronicle
Sources
- How TTD plans to unlock value from land and strengthen its financial systems — Times of India (right-leaning)
- ICAI Working with TTD for REITs to Monetise Land Assets — Deccan Chronicle (right-leaning)