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Delhi's Khan Market has been ranked as the 22nd most expensive high street globally, maintaining its status as India's priciest retail location with annual rents of $229 per square foot (approximately Rs 19,330), reflecting a 7% year-on-year growth, according to a Cushman & Wakefield report. The report highlights that Delhi-NCR hosts the top three most expensive retail streets in India, including Connaught Place and Galleria Market, with rents of $158 and $156 per square foot, respectively. The limited availability of retail space in Khan Market intensifies competition, leading to rising rental values. As malls face supply constraints, main streets in India are thriving, achieving an 11% increase in leasing activity year-to-date. Milan's Via Montenapoleone has surpassed New York's Upper 5th Avenue to become the world's most expensive retail destination, with global rental growth averaging 4.4%.
Published: Nov 21 2024, 1 pmeznews.inIn the aftermath of the Maharashtra Assembly polls, the BJP-led Mahayuti coalition is poised for a decisive victory, leading in 221 of 288 seats, while the opposition Maha Vikas Aghadi trails with only 56. The BJP has emerged as the dominant force, winning 124 of the 148 seats it contested, supported by allies Eknath Shinde's Shiv Sena and Ajit Pawar's NCP. A significant question arises regarding the Chief Minister position, with the BJP likely to push for it, possibly favoring senior leader Devendra Fadnavis. This mirrors the contentious post-2019 scenario when disagreements over leadership led to the collapse of the BJP-Shiv Sena alliance. The current dynamics, however, could complicate negotiations, as the Shinde Sena may resist ceding the Chief Minister role. Meanwhile, the Congress-led INDIA alliance has faced a severe setback, winning only 30 seats, raising concerns about its future and leadership amid internal challenges.
Published: Nov 23 2024, 11 ameznews.inShiv Sena (Uddhav Balasaheb Thackeray) leader Sanjay Raut has raised concerns over the integrity of the election results in Maharashtra, alleging that a "money machine" was installed in every constituency to manipulate outcomes. As of 11.30 am, the ruling Mahayuti coalition, comprising the BJP, Eknath Shinde's faction of Shiv Sena, and Ajit Pawar's NCP, was leading in 220 of the 288 seats, while the opposition coalition was projected to secure only 56. Raut questioned the legitimacy of the results, suggesting that the numbers were suspect and calling for a re-election using ballot papers. The BJP responded, with spokesperson Shehzad Poonawalla dismissing Raut's claims as a sign of "mental bankruptcy," accusing the opposition of crying foul whenever they lose. Raut, whose faction is trailing, insisted that the results could not reflect the true will of the voters, emphasizing a perceived dishonesty in the electoral process.
Published: Nov 23 2024, 11 ameznews.inBy-elections held on November 20 in Punjab's Gidderbaha, Dera Baba Nanak, Chabbewal, and Barnala have shown the Aam Aadmi Party (AAP) leading in three seats, while the Congress is ahead in one, according to initial results. AAP's Ishank Kumar Chabbewal is currently leading in Chabbewal, followed by Congress's Ranjit Kumar, while in Gidderbaha, AAP's Hardeep Singh Dimpy Dhillon is ahead of Congress's Amrita Warring, the wife of Punjab Congress chief Amarinder Singh Raja Warring. In Barnala, Congress's Kuldeep Singh Dhillon has taken the lead over AAP's Harinder Singh Dhaliwal after a close contest. The Dera Baba Nanak seat is also competitive, with AAP's Gurdeep Singh Randhawa currently ahead of Congress's Jatinder Kaur Randhawa. The bypolls were necessitated by the election of the previous legislators to the Lok Sabha earlier this year.
Published: Nov 23 2024, 10 ameznews.inCounting of votes for the Maharashtra assembly polls is currently underway, with Fahad Ahmad, the candidate from Sharad Pawar's party, leading in the Anushakti Nagar constituency against Sana Malik of the rival NCP faction, as of 12:40 pm. Ahmad has garnered 2,751 votes after fifteen rounds of counting, with five more to follow. Anushakti Nagar falls within the Mumbai South-Central Lok Sabha constituency. Ahmad, a former youth leader of the Samajwadi Party, joined Pawar's party shortly before the elections and is married to Bollywood actress Swara Bhasker. The BJP-led NDA appears poised for a significant victory, with a voter turnout exceeding 66%, surpassing the 61% seen in the 2019 elections. The BJP is contesting 148 seats, while its allies, including the Shiv Sena and Ajit Pawar's NCP, are competing for 80 and 53 seats, respectively, in a contest against the Maha Vikas Aghadi alliance.
Published: Nov 23 2024, 10 ameznews.inIn a closely contested battle for the Worli constituency in Mumbai, Milind Deora of the Eknath Shinde faction of the Shiv Sena holds a narrow lead over Aaditya Thackeray, the son of Uddhav Thackeray, as of 11:30 am on Saturday. Thackeray, who won Worli by over 67,000 votes in the 2019 elections, is trailing Deora by 597 votes after five rounds of counting out of 17. The constituency has historical significance for the Deora family, with Milind's father, Murli Deora, having served as an MP multiple times. Deora has framed the contest as a referendum on the Thackeray faction's performance, criticizing their governance, while Thackeray has accused the Shinde faction and the BJP of corruption and hollow promises. The election results come amid heightened political tensions in Maharashtra following the 2022 split in the Shiv Sena.
Published: Nov 23 2024, 10 ameznews.inEknath Shinde's Shiv Sena appears to be gaining the upper hand over Uddhav Thackeray's faction in the early stages of Maharashtra's Assembly election results, with Shinde's party leading in 53 of the 81 seats it contested, compared to Thackeray's 23 out of 95. Overall, the BJP-led Mahayuti alliance is ahead in 188 seats, while the opposition bloc, Maha Vikas Aghadi, trails with 77. This comes after Shinde's rebellion in 2022, which split the Shiv Sena and toppled Thackeray's government, leading to Shinde's alliance with the BJP and his subsequent role as Chief Minister. Despite the Thackeray camp's claims of having secured the Sena identity during the Lok Sabha elections, Shinde's resurgence suggests a shift in dynamics. Notably, in the Worli constituency, Aaditya Thackeray is currently leading against former Union Minister Milind Deora, highlighting the intense intra-party rivalry.
Published: Nov 23 2024, 10 ameznews.inThe Adani Group has dismissed allegations from a recent US government report, asserting that none of its 11 public companies are implicated in any wrongdoing. Chief Financial Officer Jugeshinder Singh clarified that the report pertains to a single contract related to Adani Green Energy, which constitutes about 10% of the subsidiary's business. He emphasized that no Adani entity is accused of legal misconduct in the filings made to a New York court. The group condemned the report as "baseless" and stated that it is considering legal action. Singh indicated that the conglomerate only became aware of the specifics of the allegations two days prior and urged caution against sensationalized reporting. The Adani Group maintains that the allegations from the US Department of Justice and the Securities and Exchange Commission are unfounded and will provide a comprehensive response once it has thoroughly reviewed the legal documents.
Published: Nov 23 2024, 9 ameznews.inMaharashtra's assembly election results are making waves in the UK as the Bharatiya Janata Party (BJP)-led Mahayuti coalition has surpassed the majority mark in the state assembly, according to early trends reported on Saturday, November 23. The search volume for these results was notably high in England and Scotland. Maharashtra, India's financial powerhouse, had a Gross State Domestic Product (GSDP) of approximately Rs 2.89 lakh crore for 2022-2023, underscoring the significance of these results for both local and expatriate populations. The opposition coalition, Maha Vikas Aghadi (MVA), comprising Congress, Shiv Sena (UBT), and NCP (Sharad Pawar faction), failed to pose a formidable challenge, as the Mahayuti secured 209 seats in the 288-seat assembly, with Eknath Shinde expected to remain chief minister. Voter turnout rose to 66.05%, a marked increase from 61.1% in 2019, indicating strong support for the ruling party despite anti-incumbency sentiments.
Published: Nov 23 2024, 9 ameznews.inIn the Maharashtra Assembly elections, the ruling BJP-led Mahayuti coalition appears set for a significant victory, leading in 186 of the 288 seats as of 9:45 am. The alliance, which includes factions of the Shiv Sena and the Nationalist Congress Party (NCP) led by Eknath Shinde and Ajit Pawar, respectively, is outpacing the Congress-led Maha Vikas Aghadi (MVA), which is ahead in only 78 seats. Voter turnout reached 65.1%, the highest since 2014, with both alliances claiming it as indicative of their support. Key contests include outgoing Chief Minister Eknath Shinde facing Kedar Dighe and Ajit Pawar battling his nephew Yugendra Pawar in Baramati. The election, marked by political maneuvering for the Chief Minister's post, follows a tumultuous political landscape since the 2019 elections, which saw significant party realignments and controversies.
Published: Nov 23 2024, 9 ameznews.inIn the Kerala parliamentary by-election for Wayanad, Congress leader Priyanka Gandhi is currently leading by over 48,000 votes, having secured 51,930 votes. She is contesting her first election from this constituency, which was vacated by her brother Rahul Gandhi when he shifted to Rae Bareli. CPI's Sathyan Mokeri trails significantly with 14,629 votes, while BJP's Navya Haridas follows with 7,613 votes. A total of 16 candidates are vying for the seat. Rahul Gandhi, who previously held the Wayanad seat, campaigned vigorously alongside their mother, Sonia Gandhi, aiming for a victory margin exceeding 500,000 votes. He emphasized the potential of Wayanad as a premier tourist destination, pledging ongoing support for the constituency’s development. Votes are being counted across 48 assembly seats and two parliamentary constituencies in 15 states, with results for Maharashtra and Jharkhand assembly elections also expected today.
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