These are four photos of the steel balloons near the AIIMS flyover. Their utility and futility has certainly been debated in the media. According to a Tribune report, even the CM Shiela Dixit was not very happy with them. I shot them from the bus yesterday en route to the Delhi book fair.
They are called by various names: metallic lollipops, steel balloons, sprouts, mushrooms! I do not like them: they irritate and distract. 
One of the tag lines on the Jindal Steel website is this: A whole new world of steel brought to you by Jindal! Yes, indeed as is clearly visible here LOL!
I remember reading about this very “Steel Balloon” as the only piece of art or crafts being made/unveiled by Delhi Govt for the coming Commonwealth Games!!!!!!!! You said “displaced”: I always try looking those while passing them wondering what these are for that i try looking images of vehicles passing by thinking if these are meant for it!!!! Crazy. Ha3.
Muanthang,
They are both displaced and misplaced!
I noticed and photographed but wasn’t sure what and why they were… they are okay I thought… why do you think they are displaced and misplaced art?
Hey, I LIKE them…
they r diff and eye catching, and considering that only concrete and stone is used for roadside urban art, these are certainly welcome.
I even like looking at them when passing. Aesthetically we can differ in our views, isn’t it?
Indian Home Maker and Alak,
Here is why I dislike them:
1. They look strange. They must be distracting the traffic (though no accidents have occurred).
2. They leave you confused and amused
3. The govt. has paid a hefty fee to Jindal for this. Lot more could have been achieved in a lot less (but then that is the norm with govt. projects).
Media had voiced similar opinion on this though the 3 comments here are not negative at all.