Already, by 2008-09, Mr Vadra was busy deploying the large dollops of money that had come to Sky Light Hospitality: Rs 25 crore from DLF as advance on two separate deals, Rs 4.45 crore from Artex, and Rs 1.55 crore from a company called Carnival International Estates.
He wiped out the overdraft with Corporation Bank, paid the second instalment on the Manesar land, and lent Rs 5.5 crore to two other companies of his - Sky Light Realty got Rs 3.5 crore and Blue Breeze Trading got Rs 2 crore. A further Rs 10 crore lay in the bank.
Sky Light Realty, meanwhile, had taken the Rs 1 crore lent to it by its directors in 2007-08, and in its very first transaction, promptly deposited it with DLF, perhaps for booking flats (which DLF says was done in September 2008). The following year, armed with Rs 3.5 crore received from Sky Light Hospitality, another Rs 1.5 crore from Carnival, and Rs 15 lakh from Artex, Sky Light Realty went shopping.
It bought land in Hayyatpur for Rs 1 crore, more land in Palwal (both places in Haryana) for Rs 42 lakh, and paid DLF another Rs 2 crore for multiple flat bookings. Some Rs 78 lakh stayed in bank accounts.
By the next year (2009-10), Artex had got back its original loan to Sky Light Hospitality, and it now increased its loan to Sky Light Realty to Rs 2.84 crore.
Sky Light Realty shows the apartment in Aralias as a joint venture with Mr Vadra, valued in Sky Light Realty's books at Rs 89 lakh, while furniture and fixtures in the flat are valued at Rs 94 lakh.
Another seven flats get booked in the neighbouring Magnolias apartment complex, the payment for these being shown as Rs 5.23 crore, while Rs 5.07 crore has been put into DLF's Capital Green project in Delhi.
Some of these numbers were mentioned by Mr Arvind Kejriwal when he raked up the whole issue of Mr Vadra's dealings, last week.