‘Govt to update CCP on housing schemes’

 

LAHORE: The Punjab government will provide updated information about the housing schemes in Punjab to the Competition Commission of Pakistan (CCP) to facilitate its ongoing investigation against housing schemes engaged in deceptive marketing practices.

This decision was taken in a meeting held under the chairmanship of Secretary Housing, Urban Development & Public Health Engineering Department, Capt (Retd) Asad Ullah Khan. The meeting was attended by CCP Member Office of Fair Trade Saeed Ahmad Nawaz, Secretary LG&CD, Shakeel Ahmad Mian, DG Lahore Development Authority Tahir Farooq, and senior officials from LG&CD and CCP.

Member CCP briefed the participants on directions taken by CCP against illegal housing schemes. He informed that CCP was investigating the housing schemes that were violating Section 10 of the Competition Act, 2010 by misleading consumers. He desired that updated information about housing schemes may be provided and necessary support for conducting public hearings may also be provided.

Secretary HUD&PHED, Secretary LG&CDD and LDA DG agreed to provide necessary support and venue for public hearing. It was also decided that Pro forma No1 and Pro forma No2 soliciting basic and detailed information about the housing schemes under investigation containing basic information shall be provided.