NAA: Directs re-investigation into realtor’s under-construction project basis new figures

Dec 02,2020

NAA directs further investigation on being satisfied that there are sufficient grounds to believe that the Respondent-realtor is liable to pass on the benefit of ITC to the home buyers in respect of one of the projects of Respondent, relies on Nestle India (as approved by Delhi HC) in relation to suo-motu cognizance; Considering DGAP’s submission that issues raised by Respondent might change profiteering amount (from Rs. 9.5 Cr.), directs DGAP to reinvestigate the following...


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