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Hyderabad Laddu Auction Shatters Records: Rs 1 Crore Bid!
25 Sep
Summary
- A 5-kg Ganesh laddu was auctioned for Rs 1.01 crore in Hyderabad.
- The Balapur Ganesh laddu auction recorded a bid of Rs 39 lakh this year.
- Auction proceeds fund community activities, charitable initiatives, and future celebrations.
Ganesh Chaturthi celebrations in Hyderabad have culminated with highly anticipated laddu auctions across the city. This year, a remarkable Rs 1.01 crore was bid for a 5-kg Ganesh laddu at Keerthi Richmond Villas in Bandlaguda Jagir on September 22, with the Shaktiman group securing the winning bid. This event reflects a broader trend of substantial bids occurring within Hyderabad's gated communities.
The Balapur Ganesh auction, a deeply rooted tradition, also drew considerable attention, with Sama Praneet Reddy acquiring the laddu for Rs 39 lakh. This represents an increase from the previous year's bid and continues a legacy that began in 1994 with a Rs 450 bid. The tradition has seen significant growth, surpassing Rs 1 lakh in 2002 and Rs 10 lakh in 2015.
Beyond the spectacle of high bids, these auctions are steeped in devotion, with the laddu considered sacred prasadam believed to bring blessings and prosperity. The community aspect is also significant, as proceeds from the auctions are frequently allocated towards next year's celebrations, local community projects, and charitable endeavors like education and healthcare support. The practice, which originated in Balapur, has now become an integral part of Ganpati festivities throughout Hyderabad.
