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What is significant about the Venkateswara Temple, Tirumala?

The Venkateswara Temple, Tirumala, is the wealthiest and most visited Hindu temple in India with an estimated value of about $30 billion, or more than 2.5 lakh crore rupees, and nearly 25 million pilgrims annually. It is a key temple for Srivaishnava Hindus, a southern Indian form of Vishnu worship in Hinduism, and is said to be the abode of the god Vishnu in the current age of the Kali Yuga. It is known for the power of its deity, Venkateswara, as well as its signature laddus (sweets).