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Balapur Ganesh Laddu Smashes Record, Fetches ’39 Lakh at Auction!
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CNBC TV18•25-09-2026, 17:46
Balapur Ganesh Laddu Smashes Record, Fetches ’39 Lakh at Auction!
- •The iconic Balapur Ganesh laddu was auctioned for a record ’39 lakh, setting a new high in the decades-old tradition.
- •Sama Praneeth Reddy, head of a real estate firm in Hyderabad, won the 21-kg laddu after intense bidding.
- •The winning bid surpassed last year’s ’35 lakh by ’4 lakh, continuing the trend of increasing auction amounts.
- •Praneeth Reddy stated that the laddu symbolizes prosperity and attributed his success to Lord Ganesha's blessings, planning to distribute it among people.
- •The Balapur Ganesh laddu auction, which started at ’450 in 1994, has grown into a major tradition, with proceeds used for community development.
Key Questions Answered
The iconic 21-kg Balapur Ganesh laddu fetched a record-breaking ₹39 lakh at the annual auction. Real estate firm head Sama Praneeth Reddy won the bidding, surpassing the previous year's record of ₹35 lakh.
Sama Praneeth Reddy, a real estate firm head from Sahebnagar in Vanasthalipuram, won the 21-kg laddu with a record-setting winning bid of ₹39 lakh.
The Balapur Ganesh Utsav Samithi introduced the laddu auction tradition in 1994, when local farmer Kolanu Mohan Reddy won the first 21-kg laddu for just ₹450.
