# Hyderabad Balapur Ganesh Laddu Hits Historic High as Sama Praneeth Reddy Wins Auction With Rs 39 Lakh Bid > Real estate developer Sama Praneeth Reddy secured the coveted Balapur Ganesh laddu in Hyderabad for a historic Rs 39 lakh, surpassing the previous record by Rs 4 lakh. **Type:** article · **Category:** Telangana · **Published:** 2026-09-25 · **Source:** TrendKia **Canonical:** https://trendkia.com/en/telangana/hyderabad-men-balapur-ganesh-laddu-ki-rikorda-nilami-sama-praneeth-reddy-ne-39-lakha-rupaye-men-hasila-kiya-mahaprasada-38384 · **Language:** English **Tags:** Balapur Ganesh, Balapur Laddu Auction, Hyderabad, Sama Praneeth Reddy, Ganesh Visarjan, Hussain Sagar Hyderabad witnessed a fresh milestone at the renowned Balapur Ganesh celebrations as the annual laddu auction shattered all previous records. Real estate and infrastructure developer Sama Praneeth Reddy placed the winning bid of Rs 39 lakh to claim the revered prasadam. The final amount registered an increase of Rs 4 lakh over the previous year, when the laddu was auctioned for Rs 35 lakh, drawing loud cheers from the massive gathering present at the venue. ## The Winning Bidder: Sama Praneeth Reddy Sama Praneeth Reddy is an established figure within Hyderabad's infrastructure and property development landscape. He serves as promoter and director of Urban Group, a prominent company based in Vanasthalipuram. His enterprise manages major residential and commercial ventures across the city and neighboring regions. Alongside business operations, Praneeth Reddy participates actively in civic initiatives and religious gatherings. Expressing his reverence, he shared that possessing the sacred Balapur Ganesh laddu brings divine grace, prosperity, and peace to his family and the entire organization. ## High Stakes Among New Contenders The bidding process got underway at 9:30 AM amid an enthusiastic ceremonial setting. In accordance with established convention, prospective bidders enrolled by remitting a registration fee of Rs 5,000. Intense interest marked this edition, with nine first-time entrants stepping forward to compete. Praneeth Reddy, participating for the very first time, maintained a decisive edge over rival contenders and ultimately sealed the win with his record Rs 39 lakh offer. ## Three Decades of Milestones: From Rs 450 to Rs 39 Lakh The auction tradition at Balapur spans more than three decades, tracing its origin back to 1994. In that inaugural edition, Kolanu Mohan Reddy bought the laddu for just Rs 450. Over the years, the bidding value escalated dramatically. In 2002, Kandada Madhava Reddy took the figure past the six-figure threshold with a winning bid of Rs 1.05 lakh. By 2015, Kallem Madan Mohan Reddy pushed the benchmark to Rs 10.32 lakh. The annual tradition faced an interruption in 2020, when the auction was suspended due to the coronavirus pandemic. In recent times, Kolanu Shankar Reddy won the bid in 2024 for Rs 30.01 lakh, followed by Lingala Dasharath Goud in 2025 at Rs 35 lakh. The 2026 auction has now set an unprecedented high of Rs 39 lakh. ## The 16-Kilometre Procession Towards Hussain Sagar Right after the culmination of the bidding event, the ceremonial immersion procession of Balapur Ganesh set out for Hussain Sagar (Tank Bund). The traditional route extended across 16 kilometres, journeying from Balapur through Chandrayangutta, Falaknuma, the historic Charminar, Afzalgunj, MJ Market, and Abids before reaching Tank Bund. Lakhs of devotees lined the route throughout the procession to catch a final glimpse and pay homage to Lord Ganesha. ## What this means for you The landmark auction and extensive immersion procession create significant public, spiritual, and logistical impacts across Hyderabad. - **In Hyderabad:** The 16-kilometre procession from Balapur to Tank Bund triggered major traffic diversions across crucial transit corridors. Commuters along Chandrayangutta, Charminar, and Abids had to adjust their travel schedules. - **For Devotees:** The auction serves as an esteemed cultural and religious spectacle drawing vast participation. Prospective participants must adhere to the traditional protocol of paying a Rs 5,000 registration fee. - **Local Businesses:** Footfall from lakhs of devotees moving through old city hubs significantly boosted sales for roadside vendors and hospitality shops along the route. Commercial momentum peaked throughout the immersion day. - **Public Safety:** Heavy crowd gatherings required comprehensive civic and security deployments along major monuments including Charminar. This ensured disciplined coordination during the long procession. ## Why this happened The continuous escalation in the Balapur laddu auction prices is driven by profound spiritual faith, social prestige, and growing competition among prominent business figures. - **Spiritual Conviction:** Devotees strongly believe that obtaining the Balapur Ganesh laddu bestows divine blessings, good fortune, and business prosperity. This sentiment motivates entrepreneurs to commit substantial financial resources to secure the offering. - **Entry of Fresh Competitors:** Nine new contenders registered for the contest this year, intensifying rivalry right from the outset. First-time participant Sama Praneeth Reddy bid aggressively to decisively outpace all competitors with his Rs 39 lakh offer. - **Decades of Prestige:** Originating in 1994 at a modest Rs 450, the event has evolved into an iconic annual tradition. Following the Rs 35 lakh benchmark reached in 2025, natural competitive momentum pushed the 2026 valuation to a new record. ## Questions & Answers ### 1. What was the winning bid for the Balapur Ganesh laddu in 2026? The Balapur Ganesh laddu was auctioned for a record-breaking sum of Rs 39 lakh. ### 2. Who won the auction for the Balapur laddu this year? Sama Praneeth Reddy, real estate developer and promoter-director of Urban Group, won the auction. ### 3. How much higher was this bid compared to the previous year? The bid increased by Rs 4 lakh compared to the previous year, when it sold for Rs 35 lakh. ### 4. What was the registration requirement for participants? Participants were required to pay an enrollment registration fee of Rs 5,000 to enter the bidding. ### 5. When did the Balapur laddu auction begin and what was its first price? The auction began in 1994, when Kolanu Mohan Reddy bought the laddu for Rs 450. ### 6. When did the auction amount cross Rs 1 lakh for the first time? In 2002, Kandada Madhava Reddy crossed the threshold with a winning bid of Rs 1.05 lakh. ### 7. What route did the immersion procession follow after the auction? The 16-kilometre procession began in Balapur, traversed through Charminar, and culminated at Hussain Sagar (Tank Bund). --- _TrendKia — Har trend, sabse pehle.. Machine-readable view; canonical HTML at the URL above._