Extracting Additional Money: DLF Garden City - Chennai buyers approaching the CCI..!


Two months earlier, hundreds of house buyers in DLF Ltd 's project in Chennai collectively moved the CCI (Competition Commission of India) accusing the company of extracting additional money under the garb of taxes. 

A year after the CCI, in a landmark judgment, slapped DLF Ltd with a Rs. 630-crore anti competition fine, which the DLF Ltdcompany is contesting in a higher body—more such cases are piling up against the developer for a wide range of unfair business practices.

DLF Garden City..!

Mr. Rajeev Talwar, Group Executive Director, DLF Ltd  said, ''The  very premise of the DLF Garden City - Chennai buyers approaching the CCI is wrong as the issue pertains to a consumer case. Please take it to an appropriate forum like a consumer court...,! Our company 'honours' its clients. I must restore confidence of my customers and it is my duty to satisfy my customers first and not the media.Some people are 'litigant minded' and are trying to find issues in the project even as the overall value of the apartments in the Garden City township has doubled to Rs. 3,600 per square feet over the years, from its launch price of Rs. 1,850 per square feet"

Many of the house buyers counter Mr. Rajeev Talwar's claim, said, ''The rate per square feet was never below Rs. 2,500.

 
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