Don’t cancel allotments of apartments: CCI
The interim order by Competition Commission of India (CCI) brings some relief to apartment buyers of DLF Ltd. CCI passed an interim order against the real estate developer in a case pertaining to its alleged abuse of dominance by changing original provisions of agreements without informing the buyers-Belaire Owners’ Association and Park Place Residence Welfare Association in Gurgaon.
The interim order restrains the company from cancellation of allotment of apartments of Phase V of DLF city in Gurgaon, without the “leave of the commission”, while also restraining the company from creating third-party rights by selling or transferring apartments, common area and facilities without the CCI’s approval. The order is although not the final view of the commission.
Source: indianexpress
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