Balapur Ganesh Utsava Samithi started Laddu Auction from Rs 1,116. Many residents took part in the auction. Finally Nagam Thirupathi Reddy Wins Laddu for Rs 15.6 Lakhs at the end of Balapur Laddu Auction. This year Nagam Thirupathi Reddy wins the laddu which the local residents feel so auspicious. People believe that those who wins the Balapur laddu will get the prosperity for which they will get ready to spend lakhs on the laddu. Balapur laddu auction has been in practice for years.