Will CCI crackdown against GDA, DDA hit real estate companies

The order has significance for private sector real estate companies also, who are eagerly eyeing the low-cost housing market

Despite the lunatic traffic on Vikas Path, the building of the Ghaziabad Development Authority (GDA) is easy to locate. It towers over the street as the most impressive piece of architecture in a town that gets all its ideas from Delhi, next door. The Authority, too, borrows its mandate from Delhi Development Authority (DDA).
 
Both are under the scanner for anti-competitive conduct by India’s fair market regulator, the Competition Commission of India (CCI). Except at this time it is GDA that has scored a first of sorts as a government housing agency. On the last day of February, it