A number of builders are being probed by CCI for their alleged anti-competitive trade practices. The upcoming order can put an end to the malpractices in the real estate segment.

In its bid to put a tab over unfair practices in the realty sector of the country, the Competition Commission of India is expected to set to finalise its order on alleged unfair business practices in the realty sector.

According to media reports, the CCI, which has already issued notices to a number of real estate entities with regard to the cases, has completed the personal hearings of these cases and hence it would soon be coming out with its order to address this issue. [Read more...]