Hyderabad, Sept. 6 -- As Ganesh laddus continue to fetch high value at auctions in Hyderabad, the Balapur laddu fetched Rs 35 lakh on Saturday, September 6.

The laddu was won by Lingala Dasharath Goud. In 2024, the Balapur laddu was auctioned at Rs 30 lakh. BJP leader from Balapur Kolan Shankar Reddy won the bid last year.

The auction is held every year on the final day of the Ganesh idol immersion. In 1994, the laddu was auctioned for Rs 450. Over the years, theauctionamount has steadily increased, crossing Rs 30 lakh last year.

Eight persons who are from diverse backgrounds such as politics, real estate, education, farmers and other vocations participated in the auction.

The first auction took place in 1994 when a farmer Kolan Mohan...