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Belaire residents’ association

Heavy Penalty by CCI likely to have Serious Ramifications on the Real Estate Industry

Heavy Penalty by CCI likely to have Serious Ramifications on the Real Estate Industry
The Competition Commission of India (CCI) in its order observed that DLF, which has market dominance, had abused its powers, building Belaire without getting no-objection certificates (NOCs) or seeking clearance from the state for changes that were made to its original plans. The director general, who conducted a thorough probe of allegations, had found that [...] Continue Reading »



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