Hyderabad Balapur Ganesh Laddu Auction 2023: Breaks All Time High Record; Check Pics & Video

The Balapur Ganesh Laddu, a significant emblem of faith and ritual, was auctioned for an unprecedented 1.26 crore rupees at Richmond Villas, Suncity, Hyderabad this year. This is a record-breaking sum, with the previous record being 24 lakh rupees.

Everyone was eagerly waiting for the famous 'Laddu' prasad auction with the commencement of Ganesh Nimajjanam processions in Hyderabad. In 2021, this sweet treat was sold for a staggering 18.90 lakh rupees. It's impressive to note that the initial auction value of this laddu in 1994 was just 450 rupees. Those who take part believe obtaining the coveted Laddu Prasad will bring them luck.

All eyes are on the famous #BalapurGaneshLaddu auctioning is going on, expecting this election year will break all-time record price.#BalapurLaddu of #BalapurGanesh was auctioned for Rs 24.60 lakh last year.#GaneshImmersion #Hyderabad #Ganeshotsav2023 #GaneshVisarjan pic.twitter.com/rawn1tjG9z

— Surya Reddy (@jsuryareddy) September 28, 2023

This year's Balapur Ganesh idol featured a distinctive design of the deity seated on Panchmukhi Nagendra, showing animated eyes and ears. The decorative scheme for the pandal was based on the Vijayawada Kanaka Durga temple.

All eyes are on the famous #BalapurGaneshLaddu auctioning is going on, expecting this election year will break all-time record price.#BalapurLaddu of #BalapurGanesh was auctioned for Rs 24.60 lakh last year.#GaneshImmersion #Hyderabad #Ganeshotsav2023 #GaneshVisarjan pic.twitter.com/rawn1tjG9z

— Surya Reddy (@jsuryareddy) September 28, 2023

Breaking all records in #Hyderabad Richmond Villas, Suncity has auctioned this year’s #GanpatiBappa Laddu for a whopping 1.26 crore. Last year the five Kg laddu was auctioned for Rs 60.48 lakh.

This year the famous Balapur Ganesh Laddu fetched Rs 27 Lakh.#GaneshNimarjan… https://t.co/YUZ6fR9leO pic.twitter.com/71gSW26sIW

— Ashish (@KP_Aashish) September 28, 2023

According to a media report, this year witnessed an increase in the number of participants in the laddu auction, with five newcomers, including people from outside the local area. The auction was opened only to 25 successful bidders since its inception.

Last year, a nearby farmer named Vangeti Lakshma Reddy bought the laddu at an auction for 24.60 lakh rupees, surpassing the previous year's bid by 5.70 lakh rupees. This year, the expectation is high as the laddu is predicted to fetch a record-breaking price.

The practice of selling the Ganesh laddu at an auction started in 1994 when it was bought by a local farmer, Kolan Mohan Reddy, for only 450 rupees. He then shared the prasadam laddu with his relatives and other villagers and scattered some in his fields. When his harvest notably improved, it instilled a belief that the laddu brings benefits of well-being, wealth, and success.