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Balapur Ganesh Laddu Sells for 39 Lakh! Real Estate Boss Shatters All Records
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News18•25-09-2026, 16:48
Balapur Ganesh Laddu Sells for 39 Lakh! Real Estate Boss Shatters All Records
- •The Balapur Ganesh Laddu sold for 39 lakh rupees, 4 lakh higher than last year's bid.
- •Sama Praneeth Reddy, a real estate company head, won this year's auction.
- •The tradition began in 1994 with a mere 450 rupees, now fetching millions.
- •Funds from the auction are used for community development and welfare activities.
- •In 2020, during the COVID-19 pandemic, the laddu was given to the then Chief Minister as the auction was not held.
Key Questions Answered
Sama Praneeth Reddy, a real estate company head from Vanasthalipuram, won the 21 kg Balapur Ganesh Laddu for a record-breaking 39 lakh rupees.
The auction tradition was started by the Balapur Ganesh Utsav Committee in 1994, when the laddu was sold for just 450 rupees to a local farmer named Kolanu Mohan Reddy.
The funds collected from the mega auction are utilized by the Balapur Ganesh Utsav Committee for community development and various welfare activities in the city, including village development and educational programs.
