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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