Late IRS officer leaves assets worth Rs 3.66 crore to Tirupati temple trust: ‘He had deep faith and devotion’

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‘He had deep faith and devotion…’ The donated property is a 3,500-square-foot building named “Ananda Nilayam”, located in Vanasthalipuram on the outskirts of Hyderabad.

Property and money worth Rs 3.66 crore, which belonged to the late YVSS Bhaskar Rao, who retired as an IRS officer, were donated to the Sri Venkateswara Swamy Temple at Tirumala on Thursday.

Rao’s family said it was his wish that the property and fixed deposits be given to the Tirumala Tirupati Devasthanams (TTD), which manages the temple. “He had deep faith and devotion towards Sri Venkateswara Swamy. He bequeathed a residential property worth Rs 3 crore and a cash donation of Rs 66 lakh to TTD through his will,” officials said.

The donated property is a 3,500-square-foot building named “Ananda Nilayam”, located in Vanasthalipuram on the outskirts of Hyderabad. Rao had said in his will that the TTD should use it for the purposes of conducting spiritual activities.

The cash donation of Rs 66 lakh from his bank accounts is to be distributed among various TTD trusts, including Rs 36 lakh to Sri Venkateswara Annaprasadam Trust, and Rs 6 lakh each to the Sri Venkateswara Sarva Sreyas Trust, Veda Parirakshana Trust, Go Samrakshana Trust, Vidyadana Trust, and SRIVANI Trust.

Fulfilling his last wish, trustees M Devaraj Reddy, V Satyanarayana, and B Lokanath handed over the property documents and cheques related to different trust donations to TTD Additional EO, C Venkaiah Chowdary, on Thursday at Ranganayakula Mandapam.