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Balapur Ganesh Laddu Auction Shatters Records, Sells for 39 Lakh to Real Estate Tycoon
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News18•25-09-2026, 13:23
Balapur Ganesh Laddu Auction Shatters Records, Sells for 39 Lakh to Real Estate Tycoon
- •The Balapur Ganesh Laddu was auctioned for a record-breaking 39 lakh rupees, surpassing last year's 35 lakh rupees.
- •Real estate businessman Sama Praneeth Reddy, promoter and director of Urban Group, won the prestigious laddu.
- •Reddy believes the sacred laddu will bring prosperity and blessings to his family and organization.
- •The auction, which started at 9:30 AM, saw nine new participants, with Reddy winning on his first attempt.
- •The laddu's auction history dates back to 1994, starting at 450 rupees and now reaching 39 lakh rupees in 2026.
Key Questions Answered
Real estate businessman Sama Praneeth Reddy won the prestigious Balapur Ganesh laddu with a record-breaking winning bid of 39 lakh rupees.
The Balapur Ganesh laddu auction tradition started in 1994, when local farmer Kolanu Mohan Reddy purchased the laddu for just 450 rupees.
The grand 16-kilometer immersion procession starts from Balapur and passes through Chandrayangutta, Falaknuma, the historic Charminar, Afzalgunj, MJ Market, and Abids before reaching Hussain Sagar (Tank Bund).
