Hyderabad: The traditional Laddu auction gets expensive Makeovers of Ganesh Utsav, with offers in several housing communities who shot past Rs 1.5 lakh to Rs 2 Lakh-Mark.
Leading the way is an upscale gated community in the iT hyderabad corridor where the highest winner offer, like on Saturday, stands at Rs 5.1 Lakh.
Until 2019 – last year was Dud because Covid-19 – only a handful of people who looked ringing in big money, with a limited average of up to 50,000 to RS 50,000.
“Almost every gated community in the Western Corridor has a Laddu auction this year.
Bids ranging from Rs 30,000 and rising to Rs 2 Lakh to Rs 2.5 Lakh in many cases.
For the first time, touching Rs 5 Lakh,” said Dr.
Sai Ravi Shanker , Executive Member of the Cyberabad Residents’ Welfare Association.
The association consists of more than 45 gated communities spread across Gachibowli, Miyapur, Kondapur, City Hi-Tec etc.
Betting.
“We have decided to contribute to the orphanage or institution for blind people,” CEO of the US-based IT staff company and my residents of my house Vihanga, Gachibowli.
In other communities in condolur, a family pays Rs 2.8 lakh (around) for Laddu Ganesh which is then distributed among the population.
The money, the residents said, rolled back to Kitty Society.
Ditto with the new participants Sumadhura Acropolis, Nanakramguda and Aparna Sarovar, Nalagandla where the offer of winners reached Rs 1.45 lakh (around) (for Laddu 5 kg) and Rs 1.35 lakh.
“The money will be used to regulate the next UTSAV Ganesh,” said G Nagaraju from Aparna Sarovar.
He, however, claimed that the auction this time was boring because the community had succeeded in collecting Rs 4 Lakh in 2019.
“Auctions, over time, have become an extension of the celebration of Ganesh Utsaav for people.
Does someone agree with extravaganza or not, someone cannot deny that it brings together people, often for a good purpose, “said the value of Panda from accurate wind bells, Narsingi where the laddu was ‘sold’ with Rs 50,000.
Not too far, at Vertex Panache, Kokapet Laddu went under the hammer for the second time last week, took Rs 90,001.