TKR institutions owner ex-Mayor of Hyderabad, Teegala Krishna Reddy Bought Hyderabad Balapur Laddu Sold for 9.26 Lacs. In 2012 Balapur Laddu sold for 7.5 lacs
The auctioning of laddus at Ganesh pandals began in 1994, when they fetched around Rs. 450. The money generated through the auctions is supposed to be used for the development of the neighbourhood.
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