The Competition Commission of India (CCI) has imposed a hefty penalty of Rs 630 crore on realty major DLF for abusing its dominant market position on a complaint by 'The Belaire' association in Gurgaon.
But even the buyers of the Park Place project in Gurgaon had approached the CCI with similar grievances. In the case of Park Place, when DLF had revised the project midway, the number of flats had gone up from 988 to nearly 1,500.
The CCI in fact had heard both these cases together and the buyer associations were also represented by the same lawyer.
In an interview on CNBC-TV18, Harsh Sehgal, head of the buyer association at DLF Park Place talks about the DLF order and its ramifications. Below is a verbatim transcript of his interview with CNBC-TV18
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