Tuesday, June 24, 2014

DLF AND CCI – UNFAIR AND UNREASONABLE CONDITIONS BY DLF


CCI has ordered a probe against a DLF group company for allegedly imposing unfair and unreasonable conditions on office buyers at one of its commercial projects in Gurgaon.

CCI had earlier also imposed a fine of Rs 630 crore against DLF for abuse of its dominant market position a residential real estate case, but the company had challenged the same.

The latest probe would be carried out against DLF Universal, upon a complaint that alleged the realty company of imposing certain anti-competitive clauses in the "Commercial Office Space Buyers Agreements". 


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