The head of the Tirumula Trust has hit back at Owaisi's allegations, stating that fake news and propaganda are not the way forward. The trust is focused on the future and is already conducting inquiries through its vigilance commission.
Tirumula TrustWaqf BoardOwaisiTransparencyReligious PropertiesReal Estate NewsNov 03, 2024
The Tirumula Trust, also known as the Tirumala Tirupati Devasthanams (TTD), is a prominent religious and charitable organization responsible for the administration of the famous Tirumala Venkateswara Temple in Andhra Pradesh. It manages various charitable activities and religious services.
Owaisi, a prominent political figure, alleged that the Waqf Board, an autonomous body that manages Islamic religious properties, is being misused for real estate purposes.
The Waqf Board, established under the Waqf Act, is responsible for the management and maintenance of Islamic religious properties. These properties are often endowed for religious, charitable, or educational purposes and the board ensures they are used for their intended purposes.
The chief of the Tirumula Trust stated that fake news and propaganda are not right and that the trust's focus is on the future, not past events. The TTD has a vigilance commission already conducting inquiries.
The Tirumula Trust has a vigilance commission that conducts inquiries to ensure transparency and accountability. Additionally, there are calls for a more rigorous regulatory framework to prevent the misuse of religious properties for commercial and real estate purposes.
The government has proposed significant relief for taxpayers in terms of capital gains tax on real estate properties, giving them the option of paying a 20% tax rate with indexation or a 12.5% tax rate without indexation.
Discover why Tampa Bay is a prime location for commercial real estate investing, with its growing economy, diverse business landscape, and favorable climate.
The global economy is facing numerous challenges that threaten to hinder growth. From cheap money-driven speculation in real estate to rising debt levels, the risks are mounting.
Amid the festive season, real estate developers in Goa are optimistic about a surge in housing sales, riding on the wave of increased consumer spending and positive market sentiment.
DN Nagar police have arrested three individuals who stripped and gave electric shocks to four real estate agents, mistaking them for BMC informants. The incident took place in Andheri West and has sparked widespread outrage.
The real estate market in Mumbai has seen a significant surge, with over 1.41 lakh property units registered in 2024, marking a 13-year high. This trend indicates the robust economic activity and the growing appeal of Mumbai's property market as a long-te