Tag: CCI

CCI Frames New Agreement Between Developers & Buyers

CCI will frame a new agreement to smoothen the relationship between the Developers and the buyers. CCI hopes that the new agreement will serve as a benchmark for all commercial dealings. Competition Commission of India (CCI) will come up with a revised agreement between the property taker and the developer. CCI frames the new agreement […]

CCI Fine Real Estate Firm for Anti-Competitive Practices

CCI has initiated probe against a major real estate firm which is alleged of conducting anti-competitive practices. Five other major real estate firms are included in the list. The Competition Commission of India (CCI) has received many complaints against some major real estate dealers being anti-competitive. Nearly five real estate firms are alleged of anti-competitive practices. All of […]

Due to Allotment Cancellation the Competition Commission of India Pulls Up DLF

The Competition Commission of India (CCI) has pulled up real estate major DLF Ltd in a recent order for cancelling the allotment of an apartment of a member of DLF’s Park Place RWA, stating that it was in “direct contravention” of its stay order of September 2010. The order was passed by the commission to […]