City
Epaper

Hyderabad's famous Ganesh laddu fetches Rs 18.90 lakh

By IANS | Published: September 19, 2021 11:21 AM

Hyderabad, Sep 19 Balapur Ganesh, Hyderabad's most popular 21-kg laddu, was on Sunday auctioned for an all-time record ...

Open in App

Hyderabad, Sep 19 Balapur Ganesh, Hyderabad's most popular 21-kg laddu, was on Sunday auctioned for an all-time record of Rs.18.90 lakh.

Ramesh Yadav, a member of the Andhra Pradesh Legislative Council, along with Marri Shashan Reddy, a businessman from Nadargul in Telangana, bought the famous laddu.

The bidding started for Rs 1,116 and within a few minutes it was auctioned for the highest-ever bid amid loud cheers by hundreds of devotees.

Yadav termed this as a gift to Andhra Pradesh Chief Minister Y S. Jagan Mohan Reddy.

Kolanu Ram Reddy, a businessman and an agriculturist who bought the laddu for Rs 17.60 lakh in 2019, alsoparticipated in the auction this year along with many others

State Education Minister P. Sabitha Indra Reddy, former MLA T. Krishna Reddy and several other politic were present to witness the auction.

The annual auction of the laddu in Balapur village on the outskirts of the city mark the beginning of the Ganesh immersion procession, which passes through various parts of the city to reach Hussain Sagar lake in the heart of the city.

According to Balapur Ganesh Utsav Samithi, which organises the auction every year, the laddu was sold for Rs 450 in the first auction held in 1994.

Since then, this sweet grew in its popularity and price. As it is believed to bring prosperity to the winner, businessmen-politic vie with each other to bid every year.

In 2018, the laddu was auctioned for Rs 16.60 lakh. Last year, the auction was cancelled as there were no public celebrations due to Covid-19 pandemic.

Kolanu Mohan Reddy had bought the laddu in the first auction in 1994 and was the successful bidder for five years in a row. As he claimed prosperity by winning the bid, the laddu became more popular.

The winners not only distribute pieces of laddu among their family and friends, but also sprinkle the remnants in their agriculture fields, business houses and at home.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Marri shashan reddyAndhra PradeshRamesh YadavAndhra pradesh stateCoastal andhra pradeshAndhra pradesh legislative councilAndhra pradesh uttar pradeshAndhra pradesh homeAndhra pradesh rss
Open in App

Related Stories

NationalHeat Wave In India: Scorching Temperatures Expected in 265 Andhra Pradesh Mandals Today

NationalAndhra Pradesh Road Accident: Four Killed, 4 Injured After Lorry Collides With Auto in Konaseema

NationalAndhra Pradesh Train Crash: No Evidence of Loco Pilots Watching Cricket During Accident

NationalAndhra Pradesh Assembly Election 2024: Jagan Mohan Reddy Files Nomination for Pulivendla Seat

NationalAndhra Pradesh Forest Blaze: Wildfire Breaks Out in Nellore Jungle

International Realted Stories

InternationalTurkey halts trade with Israel to compel ceasefire: President Erdogan

InternationalCanada: Indian couple, their grandchild killed in multi-vehicle accident

InternationalUK: Boris Johnson turned away from polling station for forgetting ID

InternationalChinese media revoke entries from South Asian journalism awards

InternationalNijjar murder remains "very much under active investigation"; 3 Indian nationals arrested: Canada police