Emaar MGF Land Ltd
The Competition Commission of India (CCI) has dismissed charges that realty major Emaar MGF Land Ltd had abused its dominant market position with respect to services for development and sale of commercial units in Gurgaon. The case relates to Emaar MGF Land’s commercial project, The Palm Square, at Sector 66, Gurgaon. The complaint was filed [...] Continue Reading »
During the course of a July 24 meeting, the inter-ministerial Board of Approval (BoA) of the Union Government had reached a decision with regard to the cancellation of its approvals to 27 Special Economic Zones (SEZs), while giving 18 SEZs some more time to execute their projects. The SEZs whose approvals have been cancelled by [...] Continue Reading »
There is some happy news for the property buyers as the unscrupulous developers will think twice before taking them for a ride. A bench of National Consumer Disputes Redressal Commission (NDCRC) gave a judgement in favour of the buyers. The apex consumer commission has dismissed an appeal filed by Emaar MGF Land Ltd against a [...] Continue Reading »
According to a recommendation of the Development Commissioners of Special Economic Zones (SEZs), the ‘formal approval’ granted to 43 SEZ developers should be cancelled. The SEZ developers whose approvals may be cancelled include the likes of Reliance Infocom Infrastructure, Emaar MGF Land Ltd., GVK Perambalur SEZ, Essel Infraprojects, Jindal Photo Ltd, Deccan Infrastructure and Land [...] Continue Reading »
