Alton Buildtech not contravened Anti-Profiteering provisions in Project `Aangan’: NAA

Director General of Anti-Profiteering Vs Alton Buildtech India Pvt. Ltd (National Anti-Profiteering Authority) Perusal of the record reveals that the Project `Aangan’ consist of three Phases viz. I, II and III. Regarding Phase I the DGAP vide Report dated 14.06.2019 had alleged Profiteering of Rs. 6,24,48,008/- and the same had been confirmed by this Authority vide its Order dated 65/2020 dated 16.10.2020. Vide the same order DGAP was directed to investigate Phase II and Phase III. It has been revealed that the project is an affordable Housing project as notified by Town & Country Pl...