10-kg Ganesh laddu auctioned for record ₹2.32 crore in Hyderabad’s Bandlaguda

Quick Summary

• A 10-kg laddu was auctioned for ₹2.32 crore at Keerthi Richmond Villas, Bandlaguda, Telangana, during Ganesh Chaturthi celebrations.
• The auction saw over 80 villa owners divided into four teams placing more than 500 bids over 2.5 hours.
• This year’s record-breaking price is ₹45 lakh higher than last year’s ₹1.87 crore bid amount.
• Funds raised will benefit RV Diya Charitable Trust,supporting over 42 NGOs working on old-age care,menstrual hygiene,education,nutrition,medical aid,animal welfare,and other causes impacting more than 10,000 lives.
• mr.Abhay Deshpande noted that teamwork-focused group auctions reduce ego clashes and unify the community for charity efforts.
• Initiated in 2018 with contributions of ₹25,000; annual proceeds have grown exponentially each year since then.
• The laddu remains under special care while placed before the Ganesh idol during the festival’s ten days and is later distributed as prasad among residents.

Indian Opinion Analysis

The initiative at Keerthi Richmond Villas highlights how festive traditions can be repurposed for meaningful social impact through community-driven efforts.The exponential rise in auction amounts from its modest beginning signifies growing enthusiasm among participants to support diverse charitable causes actively benefiting thousands of lives across Telangana.

This event also underscores the potential of localized philanthropy models-where funds are deployed directly to nearby NGOs-with openness ensuring optimal resource allocation tailored to actual needs witnessed firsthand by donors themselves.

Moreover,integrating teamwork via group auctions reflects an innovative mechanism that blends competitive enthusiasm with united charitable goals while sidestepping personal rivalries frequently enough seen in individual bids.

Such approaches could serve as a template for similar initiatives nationwide to mobilize communities into contributing meaningfully toward pressing societal issues during cultural festivals without undermining conventional values or communal spirit associated with their celebration.

Read More: Source article