In an embarrassment to realty major DLF, GlaxoSmithKline Consumer Healthcare Ltd (GSKCH), the FMCG company that owns leading brands such as Horlicks and Boost, has filed a case against DLF over charges of violations of its agreement in one of the commercial projects in Gurgaon.
GSKCH alleges that DLF had violated its agreement with the company over the purchase of a property in its City Centre project, which was later renamed Horizon Centre. GSKCH claims that by relaunching the project, DLF had violated the agreement it had with DLF Ltd and DLF Utilities Ltd for Tower 3 in the City Centre together with parking and proportionate share in the common areas in the project site.
Real estate sources associated with the marketing of Horizon Centre said the commercial space that were up for sale now were not related to the one specified by GSKCH.
