Unsold housing inventories fell 7 per cent in the last three months across 9 major cities to around 4.81 lakh units on higher sales than new supply, according to PropEquity. Real estate data analytic firm PropEquity data showed that unsold housing stock has come down to 4,81,566 units at the end of March this year from 5,18,868 units at the end of December 2023 across 9 major cities. These cities are Mumbai, Navi Mumbai, Thane, Delhi-NCR (Delhi, Gurugram, Noida, Greater Noida, Ghaziabad and Faridabad), Bengaluru, Hyderabad, Pune, Chennai and Kolkata. PropEquity founder and Managing Director (MD) Samir Jasuja said the unsold housing stocks have declined as "sales are surpassing the new launches which is a positive indicator for the market". During January-March period of 2024, housing sales across 9 major cities stood at 1,44,656 units while the new launches were 1,05,134 units. This led to a reduction in the unsold stocks. As per the data, Pune saw the maximum 13 per cent fall in
The Enforcement Directorate (ED) has summoned Delhi minister Kailash Gahlot for questioning on Saturday in connection with a money-laundering case linked to the now-scrapped excise policy for the capital, official sources said. Gahlot (49), an Aam Aadmi Party (AAP) MLA from Najafgarh, is the minister for transport, home and law in the Delhi government led by Chief Minister Arvind Kejriwal, who has been arrested in the case by the federal agency. The sources said Gahlot has been asked to appear for questioning in the case and getting his statement recorded under the Prevention of Money Laundering Act (PMLA). The case pertains to alleged corruption and money laundering in formulating and executing the Delhi government's excise policy for 2021-22, which was later scrapped. AAP leaders Manish Sisodia and Sanjay Singh were arrested by the ED in the case earlier and they are in judicial custody.
Delhi on Saturday registered a minimum temperature of 21.8 degrees Celsius, four notches above the season's average, according to the India Meteorological Department (IMD). The humidity levels were recorded at 64 per cent at 8:30 am. The weatherman has forecast a thunderstorm with rain during the day. The maximum temperature is likely to hover around 37 degrees Celsius, it said. The Air Quality Index (AQI) of the national capital was recorded in the "moderate" category with a reading of 181 at 9 am, according to the Central Pollution Control Board (CPCB). An AQI between zero and 50 is considered "good", 51 and 100 "satisfactory", 101 and 200 "moderate", 201 and 300 "poor", 301 and 400 "very poor", and 401 and 500 "severe".
The Delhi High Court on Thursday dismissed a PIL seeking the removal of AAP leader Arvind Kejriwal from the post of chief minister following his arrest in the excise policy-linked money laundering case. A bench headed by Acting Chief Justice Manmohan refused to comment on the merits of the issue, saying the same fell outside the scope of judicial interference. "It is for the other wings of the government to examine in accordance with the law," the bench, also comprising Justice Manmeet PS Arora, said. During the hearing, the court asked petitioner Surjit Singh Yadav's counsel to show the legal bar on the continuation of Kejriwal as the chief minister. "There may be practical difficulties but that is something else. Where is the legal bar?" the court asked. The Aam Aadmi Party (AAP) national convener, who was arrested on March 21 and subsequently remanded to the Enforcement Directorate's (ED) custody till March 28 by a Delhi court, faces allegations of direct involvement in a ...
Chief Minister Arvind Kejriwal is likely to be produced before a Delhi court on Thursday on the conclusion of his Enforcement Directorate custodial remand. The federal probe agency had arrested Kejriwal last Thursday in connection with an excise policy-linked money laundering case. The next day, Special Judge Kaveri Baweja remanded him in the custody of the Enforcement Directorate (ED) till March 28. The court remanded Kejriwal in the ED custody for six days after the agency pressed for his custodial interrogation for 10 days. The ED has accused the AAP leader of "being involved in the entire conspiracy of the Delhi liquor scam, in drafting and implementation of the policy, for favouring and benefiting the quid pro receiving kickbacks and eventually using part of the proceeds of crime generated out of the scheduled offence in the election campaign for the Goa Assembly elections". "The accused (Kejriwal) is hereby remanded to the custody of the ED till March 28 for his detailed and
Chief Minister Arvind Kejriwal on Wednesday urged the Delhi High Court to order his immediate release from ED custody in connection with a money-laundering case linked to the excise policy 'scam', contending his arrest on the cusp of elections was against the basic structure of the Constitution. Senior advocate A M Singhvi, appearing for the AAP leader, argued that the "Object of the arrest was not to find material but to disable me and my party. My prayer is, release me now". Singhvi further claimed that there was no "necessity" to arrest Kejriwal, as mandated under the Prevention of Money Laundering Act, and that the grounds of "non-cooperation" were the most abused by the Enforcement Directorate (ED). Justice Swarana Kanta Sharma, who orally said she would issue a notice on the petition and grant time to the ED to file a reply to it, said she would pass an order in the matter and upload the same later in the day. Singhvi urged the court to grant interim relief in the meantime to
The government will not be run from jail, Delhi Lieutenant Governor V K Saxena said on Wednesday in the backdrop of statements by AAP leaders that Arvind Kejriwal will continue as chief minister even if he is behind bars. Aam Aadmi Party (AAP) national convener Kejriwal was arrested by the Enforcement Directorate on March 21 in the Delhi excise policy-linked money laundering case and subsequently remanded to the agency's custody till March 28 by a court here. Speaking at the Times Now Summit, Saxena said, "I can assure the people of Delhi that the government will not be run from jail.
Proceedings of the Delhi Assembly were adjourned for 15 minutes shortly after the House convened on Tuesday as AAP MLAs protested against Chief Minister Arvind Kejriwal's arrest in a money laundering case. Before the commencement of the session, the AAP MLAs staged a protest outside the assembly and raised slogans demanding Kejriwal's immediate release. Party leaders, including Atishi and Saurabh Bharadwaj, were among those who were part of the protest. They were dressed in yellow T-shirts with slogans like "Main Bhi Kejriwal" and "Modi ka Sabse Bada Dar Kejriwal" written on them. "Today, all AAP MLAs are protesting against the illegal arrest of Chief Minister Arvind Kejriwal. Efforts are being made to end democracy in the country. For the first time in the history of the country, a sitting CM has been arrested and that too just before the national elections," Atishi told reporters. Kejriwal was arrested by the Enforcement Directorate last week in connection with the money launderi
The Enforcement Directorate on Wednesday urged the Delhi High Court to grant it time to file reply to a plea by Chief Minister Arvind Kejriwal challenging his arrest in a money-laundering case linked to the alleged excise policy scam. Additional Solicitor General S V Raju, appearing for the agency, said the "bulky" petition was served upon them only on Tuesday, and three weeks' time should be given to bring their stand on record. For interim relief as well, appropriate time should be given to respond, he said. Senior advocate AM Singhvi, appearing for the AAP leader, alleged that the request to file response was a delay tactic. Challenge is to the foundation of arrest and there are several "glaring issues" that need immediate decision by the high court either way, the senior lawyer added. Justice Swarana Kanta Sharma said she would take up the matter again after some time. The Aam Aadmi Party (AAP) national convener, who has sought his immediate release on account of the arrest a
On 21 March, Delhi CM Arvind Kejriwal was arrested by ED on corruption charges that Aam Aadmi Party rejects
The arrest and the trial of Kejriwal will have a profound impact on his governments in Delhi and Punjab as well as on the party itself
Delhi Chief Minister Arvind Kejriwal has issued his first direction from ED custody on running the city government, AAP sources said on Sunday. Kejriwal was arrested by the Enforcement Directorate (ED) on Thursday from his official residence in connection with an excise policy-linked money-laundering case. A court on Friday sent the AAP national convenor to the central agency's custody till March 28. "He (Kejriwal) has issued his first direction from ED custody. The directions pertain to the city government's Water department. Water Minister Atishi will announce the directions later in the day," the party sources said. The AAP has said Kejriwal will continue as chief minister even if he is sent to jail.
Assam Chief Minister Himanta Biswa Sarma said his Delhi counterpart Arvind Kejriwal effectively invited his own arrest by the Enforcement Directorate (ED) due to his repeated failure to respond to summonses, suggesting that it might have been a tactic to garner political sympathy. Sarma emphasised that when a person disregards nine summonses from the ED, it indicates a deliberate invitation for arrest. He remarked that if Kejriwal had complied with the initial summonses, his arrest might have been avoided. Speaking to reporters at the state BJP headquarters here after a poll-preparedness meeting on Saturday, Sarma said, "If the ED serves someone nine summonses and that person doesn't show up, it is evident that he is inviting his arrest. The ED didn't arrest Kejriwal, he invited the agency to arrest him." The BJP leader cited the examples of politicians such as Rahul Gandhi and Sonia Gandhi, who appeared before the ED when they were issued summonses, implying that Kejriwal's action
Delhi Chief Minister Arvind Kejriwal's wife Sunita Kejriwal on Saturday evening met him at the ED office where he is lodged under custody in connection with the excise policy-linked money laundering case. A special Prevention of Money Laundering Act (PMLA) had allowed Sunita Kejriwal and Bibhav Kumar (Kejriwal's personal assistant) to meet him every day for half an hour between 6-7 pm, apart from his lawyers. Sunita Kejriwal met her husband at the ED office at A P J Abdul Kalam Road as per the court's order, officials said. Wearing a salwar suit and holding some papers, she was captured by news cameras while exiting the ED office and boarding a car with some staff. Arvind Kejriwal, also the national convenor of the Aam Aadmi Party (AAP), was arrested by the ED on March 21 under the anti-money laundering law after conducting searches at his official residence in the Civil Lines area of the national capital. Sunita Kejriwal (58), a 1993-batch Indian Revenue Service (IRS) officer of
Chief Minister Arvind Kejriwal on Saturday moved the Delhi High Court challenging his arrest by the Enforcement Directorate in the money laundering case linked to the alleged Delhi excise policy scam but the court is unlikely to grant an urgent hearing. According to highly placed court sources, the plea is unlikely to be heard before March 27 as the court is closed for Holi. Sources in his Aam Aadmi Party had said his legal team would request the high court to hear the matter urgently, preferably on Sunday. On Friday, a trial court had remanded him in ED's custody till March 28 "for his detailed and sustained interrogation". In his plea, Kejriwal, who was apprehended by the ED on Friday night, contended that his arrest and remand were illegal and that he was entitled to be released from custody immediately. The ED had arrested Kejriwal hours after the high court refused to grant him protection from coercive action by the central anti-money laundering agency. Kejriwal had approach
A court here on Saturday extended the Enforcement Directorate custody of BRS leader K Kavitha, an accused in the Delhi excise policy scam case, till March 26. The federal probe agency has sought a five-day extension of her custody. The ED has alleged that Kavitha, the daughter of former Telangana chief minister K Chandrashekar Rao, was a key member of the 'South Group' that has been accused of paying the AAP kickbacks of Rs 100 crore in return for a big share of liquor licences in the national capital. After producing her in court, the ED said that she was confronted with the statements of four people and a forensic report of the data extracted from her phone. The probe agency also told the court that raids were being conducted at the house of her nephew in Hyderabad. BRS leader's counsel filed a bail plea in court. Kavitha, 46, a Telangana Legislative Council member, was arrested by the central probe agency from her residence at Banjara Hills in Hyderabad on March 15.
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The AAP asked the ED on Saturday to file a case against the BJP, alleging that the saffron party received crores of rupees from an accused in the alleged Delhi excise policy scam through electoral bonds. Addressing a press conference, Delhi minister Atishi asserted that the Enforcement Directorate (ED) has not been able to establish a money trail against any Aam Aadmi Party (AAP) leader despite multiple raids, arrests and two-year-long investigations in the alleged liquor scam. "Two days ago, Delhi Chief Minister Arvind Kejriwal was arrested in connection with the alleged liquor scam on the basis of Sarath Reddy's statement. On November 9, 2022, Reddy had said he did not know Kejriwal. After the ED arrested him, he changed his statement, saying he knew Kejriwal," Atishi said. Reddy of Aurobindo Pharma was arrested by the federal agency in November last year in connection with the excise policy case. Atishi alleged that Reddy donated crores of rupees to the Bharatiya Janata Party (BJ
Delhi Metro services will begin from 2.30 pm on the day of Holi on March 25, officials said on Friday. The services on non-terminal stations will be available much later as the operations start from terminal stations at 2.30pm. "On the day of the Holi festival, on March 25 (Monday), Metro services will not be available till 2.30 pm on all lines of the Delhi Metro including Rapid Metro/Airport Express Line," the DMRC said in a statement. Metro train services will thus start at 2.30 pm from terminal stations on all lines on March 25 and will continue normally thereafter, it further said.
The AAP office in Delhi has been "sealed off" from all sides, senior leader Atishi claimed on Saturday and said the party will report the matter to the Election Commission. In a post on X, Atishi questioned the "sealing" of the party office, saying it is against the "level playing field" promised by the Constitution. "How can access to a national party office be stopped during the Lok Sabha election? This (is) against the 'level playing field' promised in the Indian Constitution. We are seeking time with the Election Commission (EC) to complain against this," the Delhi minister said in her post. Another senior AAP leader and Delhi Minister Saurabh Bharadwaj alleged that all access to the party office has been closed by the central government. "We will approach EC, the central government has closed all access to AAP head office at ITO, that too in Model Code of Conduct," he said in a post on X. The AAP office at DDU Marg near ITO in central Delhi was also blocked on Friday during a