Amrutanjan pays rental arrears on temple property
Amrutanjan has paid ₹8.77 crore in rental arrears to the Mylapore Kapaleeswarar Temple following a legal dispute over fair rent for a 14.910-ground property. The payment concludes a long-standing lease agreement that originally began in 1901.
Why it matters
This settlement highlights the ongoing efforts by religious institutions in India to recover fair market value from long-term commercial leaseholders on temple-owned land.
The Mylapore Kapaleeswarar Temple administration on Saturday received a cheque for ₹8.77 crore towards rental arrears from Amrutanjan, which had taken 14.910 ground of land on lease from the temple.
The lease for the property on Luz Church Road began in 1901 for a period of 99 years. After the temple won a legal battle to fix fair rent, the arrears were handed over to P. Vijayakumar Reddy, chairman, board of trustees of the temple.
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