DLF moves SC against COMPAT order

NEW DELHI: India’s largest real estate firm DLF has moved Supreme Court against an order of Competition Appellate Tribunal (COMPAT) that held the company guilty of abuse of its dominant position in New Gurugram with regards to its project New Town Heights.

Home buyers in the project had filed a complaint with the Competition Commission of India saying the company had lured them into buying homes under a pre-launch scheme and that the layout plan was not approved.

A DLF spokesperson said that the company has filed an appeal in the Supreme Court against an order passed by COMPAT in November 2015 relating to New Town Heights where it held DLF as a dominant player in the New Gurugram market.

Admitting DLF’s plea, the Supreme Court issued notices to the respondents and said that it will be clubbed with other cases relating to its projects.

Credits ET Realty

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