How much do you pay for a laddu? Hardly ₹20-₹25. Next question, how many laddus can you buy for a crore? With this humongous amount of money, we can buy all the laddus available in a line of sweet shops and more. You might be surprised to read that a huge laddu was sold for over ₹1.87 crore at an auction at Bandlaguda’s Keerthi Richmond Villas. But why is it so expensive? Let’s find out the hype about this sweet and special auction.
Here’s All About The Much-Talked-About Laddu Auction At Bandlaguda
Taking to X, Indian Trend 𝕏 (@IndianTrendX) shared a video of the auction at Keerthi Richmond Villas in Bandlaguda.
🚨 HYDERABAD – Kirti Richmand Villas in Bandlaguda Municipal was auctioned Ganapati Laddu, which stands at an all-time record price of ₹ 1.87 crores,
Last year it was auctioned for ₹ 1.26 Cr.
(Tscribe) pic.twitter.com/nWTCNKajVR
— Indian Trend 𝕏 (@IndianTrendX) September 17, 2024
Keerthi Richmond Villas in Hyderabad’s Bandlaguda has gained popularity over the years for its extravagant auction during the grand Ganesh Chaturthi celebrations. Like every year, they organsied a wonderful auction this Ganeshotsav too and broke all the previous records.
In 2024, the record-breaking auction witnessed the highest bid for the laddu reaching as high as ₹1,87,36,500. The much-anticipated laddu auction was hosted at Keerthi Richmond Villas on September 16. According to a report by The Hindu, the event organisers did not release the name of the buyer of the massive-sized laddu.
Sankaraiah Samudrala (@Sankaraiah33455) shared a glimpse of the huge laddu on X.
Ganesh laddu auctioned for ₹1.87 crore in Bandlaguda in Hyderabad.
The festive offering of laddu at Keerthi Richmond Villas in Bandlaguda, Hyderabad, was sold for ₹1,87,36,500 in an auction held late on Monday night, September 16, 2024. pic.twitter.com/j56wKdHgZt
— Sankaraiah Samudrala (@Sankaraiah33455) September 17, 2024
Known for having a reputation for a surge in bids for the puja’s laddu every Ganesh Chaturthi, this year’s auction witnessed a major rise of ₹61 lakh compared to 2023. Last year, the highest bid for the laddu during the Ganesh Chaturthi celebrations was ₹1.26 crore. The highest auction bid was reported at ₹60 lakh in 2021. The auctions successfully mark a significant growth in the bids every year.
One Of The Most Expensive Laddu Offerings
Taking to X, Murali Duggineni (@NarrativeNest) shared about the auction.
The Balapur Ganesh in Hyderabad is famous for its unique laddu auction. In 1994, the first-ever auction saw local farmer K. Mohan Reddy win the bid for ₹450. In 2023, the iconic laddu was auctioned for a staggering ₹27 lakh! The winning bidder: Dasari Dayananda Reddy. pic.twitter.com/vIEs9Xh7lg
— Murali Duggineni (@NarrativeNest) September 15, 2024
Participants wait for the auction during Ganeshotsav every year. Each celebration brings out a new and extravagant auction with the bids skyrocketing. The auction organised in 2024 established Keerthi Richmond Villas’s name as one of the most expensive laddu offerings for Ganeshotsav.
The tradition of auctioning off festive laddu offerings is quite famous in Telangana. Have you participated in one of these events before?
Cover Image Courtesy: X/ Murali Duggineni (@NarrativeNest)
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