Hyderabad: Balapur Ganesh laddu auctioned for Rs 18.9 lakh

HYDERABAD: The famous Balapur Ganesh Laddu has fetched a whopping Rs 18.9 lakh this year after an open auction.
The auction was won by Marri Shashank Reddy who bought the gold-coated laddu that weighs 21kg.
Around 19 people participated in the auction. The bidding for the laddu started at Rs 1,116 and it has been increased in the bidding process.
In 2020, the Utsav Committee did not organise an auction due to Covid-19 pandemic, in 2019, the laddu was sold for Rs 17.60 lakh.
The laddu auction has been a tradition on the day of Ganesh immersion for over 26 years now. The first-ever auction of the Balapur laddu went for Rs 450 in 1994.
Bidders who participate in the bidding of Balapur laddu auction feel it brings good luck, health and wealth.
Ahead of the auction event, the Balapur Ganesh idol was paraded on the streets of Balapur, and reached the auction venue at 10am.
Devotees were carrying the idol of Lord Ganesha for immersion in the Hussain Sagar lake.