HomeNewsBusinessCompaniesDoes CCI's Rs 630cr fine on DLF hint trouble for builders?

Does CCI's Rs 630cr fine on DLF hint trouble for builders?

The Competition Commission of India has slapped a Rs 630-crore penalty on real estate major DLF. It has been fined for something that is common among the hundreds of other builders in the country. And the CCI now want to probe into the matter scanning other realtors for unfair trade practices.

August 23, 2011 / 23:01 IST

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Moneycontrol Bureau

The Competition Commission of India has slapped a Rs 630-crore penalty on real estate major DLF. It charges the company of misusing its dominant market position and imposing unfair conditions on home-buyers. In response to the Competition Commission

first published: Aug 23, 2011 12:49 pm

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Does CCI's Rs 630cr fine on DLF hint trouble for builders?

The Competition Commission of India has slapped a Rs 630-crore penalty on real estate major DLF. It has been fined for something that is common among the hundreds of other builders in the country. And the CCI now want to probe into the matter scanning other realtors for unfair trade practices.

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