Story perspectives

INR1.01 Crore 5-Kg Laddu Auction Raises Funds in Hyderabad

By Drooid · Sep 25, 2026, 10:24 AM UTC · How we work

Summary

Keerthi Residents Purchase Laddu

Hyderabad’s Keerthi Richmond Villas residents bought a 5-kg laddu for INR1.01 crore.
The same villa sold a 10-kg laddu for INR2.32 crore in 2025.
Balapur’s laddu fetched INR39 lakh in 2026, INR4 lakh above 2025 price.
Kohinoor by Auro Realty recorded a INR30,50,001 bid, the highest among recent sales.
All proceeds support RV Diya Charitable Trust’s education, healthcare and other aid programs.

Summary

Organizers Delay Auction

Organizers delayed the Ganesh idol auction by roughly one hour because of the ceremonial procession and rain-seeking prayers.
Priests of Balapur Ganesh Utsav Samithi prayed for rain before the bidding began.
Only nine bidders participated, far fewer than the anticipated 20-30.
After the sale, the Shobha Yatra traveled an 18-km route to Hussain Sagar for immersion.
Winners traditionally share the laddu with family and friends, reinforcing communal ties.

History

Historical Context

1991 reforms led by Prime Minister P. V. Narasimha Rao and Finance Minister Manmohan Singh dismantled the Licence Raj, attracting foreign investment and creating new urban wealth. Cities such as Hyderabad saw affluent donors emerge, and today the RV Diya Charitable Trust and Balapur Ganesh Utsav Samithi auction multi-kilogram laddus, with a record INR2.32 crore bid in 2025, reflecting the lasting impact of liberalisation.

1 of 3

Keerthi Residents Purchase Laddu

Hyderabad’s Keerthi Richmond Villas residents bought a 5-kg laddu for INR1.01 crore.
The same villa sold a 10-kg laddu for INR2.32 crore in 2025.
Balapur’s laddu fetched INR39 lakh in 2026, INR4 lakh above 2025 price.
Kohinoor by Auro Realty recorded a INR30,50,001 bid, the highest among recent sales.
All proceeds support RV Diya Charitable Trust’s education, healthcare and other aid programs.

1 / 3