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Balapur Laddu auction fetches Rs. 15.50 lakh
The famous Balapur Ganesh laddu fetched a whopping Rs 15.50 lakh in the open auction held before the start of final Ganesh immersion procession here on Tuesday.
Hyderabad: The famous Balapur Ganesh laddu fetched a whopping Rs 15.50 lakh in the open auction held before the start of final Ganesh immersion procession here on Tuesday.
Tirupati Reddy of Ayyapa Society in Jubilee Hills made the highest bid to take possession of the prestigious laddu. Last year, the laddu was auctioned for Rs. 14.65 lakh. A total of 21 people participated in the auction on Tuesday.
Located on the outskirts of Hyderabad, the small village of Balapur in Ranga Reddy district became famous over the years due to the auction of its Ganesh laddu. This year too thousands of people belonging to all communities gathered at Balapur to witness the famous auction.
In 1980, when the Balapur Ganesh pandal was installed for the first time it was named as 'Praramba Grama Vinayakudu'. But later it was renamed 'Adi Vinayaka'. In 1994, the laddu was auctioned for the first time and Kollan Mohan Reddy placed the highest bid of Rs 450 to get possession of Laddu. The tradition continued and it became mandatory that the final Ganesh immersion procession in the city would start only after the completion of laddu auction.
