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CCI a new hope for victims of property dealings

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With increase demand in the business the Indian realty circuit is also suffering from the viruses of dealings related scams and other irregularities. According to the sources of www.propertykhazana.com from now onwards one can seek the help of the competition commission of India (CCI) for their grievances against their developers or other case related to the property dealings. A latest verdict of penalty around Rs 630 crores from the country’s realty giant DLF has made more number of applicants to file their petition against their developers and realty promoters.
As of now the CCI has received 10 complains of property dealings last month for various reason of inequitable trade against some of the realty players of the country as stated by the senior official of the department. At present the authority is planning how to handle these complains for the better benefit of customer without hampering the growing business of the nation. An individual interaction with all the parties may take longer time and so collective examinations can be a better idea for fast track justifications of the matters. Earlier it has imposed 7 per cent of the average turn over from the realty giant of the country - DLF in Gurgaon that worth approximately Rs 630 crore.
Source: NIMMA BENGALURU

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