The iconic ‘Balapur Ganesh laddu’ of Hyderabad has ceded its title as the most expensive laddu, as the Ganesh laddu from Keerthi Richmond Villas of Bandlaguda in Telangana has set a new record by fetching a record ₹1.26 crore in the auction held on September 28. This price is said to be the highest ever recorded in the Telugu States.
Sources say that the residents of Keerthi Richmond Villas collectively purchased the laddu in a joint effort. This turn of events surpasses last year’s auction where the Bandlaguda laddu fetched ₹60.08 lakh, outdoing the Balapur laddu, which was auctioned at ₹24.60 lakh.
Residents of Richmond Villas say that the proceeds generated from the auction of the laddu will be dedicated to charitable purposes. The funds will be allocated to support voluntary organisations engaged in various welfare activities.
