Jewellery made of gold and silver worth crores belonging: A practical reader guide

Jewellery made of gold and silver worth crores belonging: A practical reader guide

As the Delhi’s civic administration has cracked the whip on dangerous and illegal buildings across the city, at least 56 jewellery and bullion-related shops in Chandni Chowk’s Kucha Mahajani were reportedly sealed by the Municipal Corporation of Delhi ( MCD ) on Thursday.

The affected traders claimed that jewellery and bullion worth crores remain locked inside the premises, news agency PTI reported. Traders claimed that the MCD and police arrived at Kucha Mahajani posted notices on several shops in multiple buildings and executed the sealing simultaneously without prior notice. Traders stated they only realised what was happening after arriving at their shops. The association expressed concern over the significant amount of gold and silver jewellery locked inside the sealed shops.

This comes amid an intensified enforcement drive by the MCD following the fatal building collapse in South East Delhi’s Satya Niketan on September 6 that left seven dead and many others injured. Yogesh Singhal, president of the All India Bullion and Jewellers Association, stated that notices were posted on the shops, and the sealing occurred around 11.30 am on Thursday. The notices affixed to the shops are backdated, with one notice shared by the traders’ association dated May 12, 2026, according to traders.

“The question to consider is whether, after the Satya Niketan tragedy, only traders will have to bear the brunt of this tragedy or whether action will also be taken against any government department and politicians,” the association said in a statement cited by PTI. “Basement of the property in question, directing thereby to stop misuse of the basement and bring the premises within the permitted use of Master Plan-2021 within 48 hours, as to why the aforesaid be not sealed for commercial activity,” the notice read. Jewellery made of gold and silver worth crores belonging to the jewellers remains locked inside the sealed shops, they said.