Competition Commission of India order soon on case related to unfair ways in realty sector

Competition Commission is expected to soon finalise its order on alleged unfair business practices in the realty sector, a matter where around 20 entities have come under its scanner with regard to alleged cartelisation and anti-competitive trade practices.  Among others, the developers are being probed for inserting one-sided clauses in favour of the companies and against the interest of consumers in the buyer agreements for sale of flats, apartments and other residential properties, along with other other anti-competitive practices.


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