Sun, Apr 20, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Legal, Regulatory more

India: Realty firms mull legal action against CCI order

Posted on 24 August 2011

The real estate industry, already reeling under falling profit, high interest rates and steep input costs, seems to be sticking together, fearing further action from the Competition Commission of India (CCI).
The competition watchdog had recently imposed a penalty of Rs 630 crore on real estate major DLF over “abuse of dominant position” in relation to two high-end housing projects in Gurgaon. Delayed delivery of projects and changes in the building structure were among the charges levelled against the developer……………………………………….Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930