India's anti-competitive practices watchdog CCI (Competition Commission of India) slapped a Rs 630-crore penalty on real estate developer DLF, it will consider a similar complaint against Kolkata West International City (KWIC) , the mega township project of Indonesian conglomerate Salim Group in West Bengal.
KWIC customers filed a petition before CCI on last week, seeking action against the project promoters for failing to deliver more than 6,100 residential units and inserting abusive clauses in the allotment letters three years after the scheduled completion date.
Of the 6,100 bungalows commissioned, 800 were slated to be delivered in Phase-I by the end of 2008. Of these, just 170 bungalows are complete, but without any infrastructure development at the site.
By June 2010, after getting the completion certificate from KMDA, KWICPL issued letters to take possession of 170 units of the 800, slated to be completed in Phase-I.
Mr. Abhay Upadhyay, the president of KWIC Buyers' Welfare Association said, "However, there were no infrastructure and facilities in place. DLF abused its dominant position by imposing highly arbitrary, unfair and unreasonable conditions on the allottees.""
The international satellite township, planned in Howrah district, off Kona Expressway, is a joint venture involving the Salim Group, Indonesia-based Ciputra Group and Singapore-based Prasoon Mukherjee of the Universal Success Group. Kolkata Metropolitan Development Authority (KMDA), which leased out 390 acres of land to KWIC to build 6,100 bungalows, three information technology parks, and other amenities such as schools, hospitals and shopping malls, has also been made a respondent.
KWIC customers filed a petition before CCI on last week, seeking action against the project promoters for failing to deliver more than 6,100 residential units and inserting abusive clauses in the allotment letters three years after the scheduled completion date.
Of the 6,100 bungalows commissioned, 800 were slated to be delivered in Phase-I by the end of 2008. Of these, just 170 bungalows are complete, but without any infrastructure development at the site.
By June 2010, after getting the completion certificate from KMDA, KWICPL issued letters to take possession of 170 units of the 800, slated to be completed in Phase-I.
Mr. Abhay Upadhyay, the president of KWIC Buyers' Welfare Association said, "However, there were no infrastructure and facilities in place. DLF abused its dominant position by imposing highly arbitrary, unfair and unreasonable conditions on the allottees.""
The international satellite township, planned in Howrah district, off Kona Expressway, is a joint venture involving the Salim Group, Indonesia-based Ciputra Group and Singapore-based Prasoon Mukherjee of the Universal Success Group. Kolkata Metropolitan Development Authority (KMDA), which leased out 390 acres of land to KWIC to build 6,100 bungalows, three information technology parks, and other amenities such as schools, hospitals and shopping malls, has also been made a respondent.
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