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Tag Archives: Maharashtra Appellate Tribunal (Real Estate): Allotment letter to be treated as binding agreement between Promoter and Allottee

Maharashtra Appellate Tribunal (Real Estate): Allotment letter to be treated as binding agreement between Promoter and Allottee

Maharashtra Real Estate Appellate Tribunal recently held – “Allotment letter it is quite evident that promoter agreed to sale and allottees agreed to purchase the flat for an agreed price in the allotment….though the allotment letter executed on November 2012, it is as good as agreement between promoter and allottees …

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