ISLAMABAD, Aug 18 (APP):The Competition Commission of Pakistan (CCP) will hold an Open Hearing on August 27 to hear stakeholders and examine competition concerns in the real estate sector, particularly false or misleading claims, hidden charges and misrepresentation of project approvals. The CCP has invited consumers, investors, developers, builders, real estate professionals, industry associations and other stakeholders to share their experiences and concerns directly with the Commission. The hearing is …
CCP to hold open hearing on real estate sector to record competition concerns
ISLAMABAD, Aug 18 (APP):The Competition Commission of Pakistan (CCP) will hold an Open Hearing on August 27 to hear stakeholders and examine competition concerns in the real estate sector, particularly false or misleading claims, hidden charges and misrepresentation of project approvals.
The CCP has invited consumers, investors, developers, builders, real estate professionals, industry associations and other stakeholders to share their experiences and concerns directly with the Commission. The hearing is being held against the backdrop of complaints received by the CCP regarding deceptive and anti-competitive practices in the sector, said a release issued here on Tuesday.
The Commission has observed that claims relating to project approvals, features, charges and other material information can significantly influence investment decisions. Where consumers invest substantial amounts on the basis of false or misleading representations, the consequences can be serious. Truthful and transparent information is therefore essential for informed consumer choice and fair competition.
Under Section 10 of the Competition Act, 2010, deceptive marketing practices, including the dissemination of false or misleading information that may harm consumers or the business interests of other undertakings, are prohibited.
While the CCP has undertaken enforcement actions, conducted enquiries and passed orders involving deceptive marketing practices in the real estate sector, the Commission considers wider stakeholder engagement necessary to identify broader competition concerns and understand market practices from the perspective of both consumers and businesses.
The hearing is being held under Section 29(c) of the Competition Act, 2010, which empowers the Commission to hold open hearings on matters affecting competition. Submissions and concerns raised by participants will be recorded and considered by the Commission in formulating its Opinion and recommendations.
The hearing will be held from 4:00 p.m. to 6:00 p.m. on Thursday, August 27, 2026, at the Competition Commission of Pakistan, 9th Floor, ISE Towers, Jinnah Avenue, Islamabad. Registration is mandatory and will remain open until August 25, 2026. Participants may register at [email protected] or contact 051-9100260 (Ext. 334 or Ext. 273).
