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rs. 18.9 Lakh for a laddu!

The laddu which weighs 21kgs will be gifted to Andhra CM Jagan Mohan Reddy by the MLC. In 2019, the laddu fetched 17.6 lakh.

The famous Balapur Ganesha’s laddu was auctioned off for a record price on 19th September in Hyderabad. YSRCP MLC Ramesh Yadav and his business partner Shashank Reddy won the auction for a record Rs 18.9 lakh. 

The laddu which weighs 21kgs will be gifted to Andhra CM Jagan Mohan Reddy by the MLC. In 2019, the laddu fetched 17.6 lakh. It is a ritual to auction the laddu prasadam on the day of idol immersion in Telangana.

This is the first time after bifurcation that an Andhra CM will be gifted the laddu. There was no auction in 2020 due to the pandemic, and was gifted to Telangana CM KCR. In 2019, the laddu fetched 17.6 lakh.

In 2013, the Balapur laddu was gifted to former Chief Minister Chandrababu Naidu. Jagan Mohan Reddy became the third CM to get this laddu as a gift. It is a ritual to auction the laddu prasadam on the day of idol immersion in Telangana.

This time there were 15 bidders and the starting bid was Rs 1,116.

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