Allottee Contractually Obligated To Take Possession If Offered After Issuance Of Allotment Letter: NCDRC

The National Consumer Disputes Redressal Commission (NCDRC) ruled that an allottee is contractually entitled to possession of the property upon the issuance of the allotment letter, reinforcing the binding nature of contractual terms in property transactions. The decision emphasizes the importance of honoring contractual obligations and provides clarity on the rights of allottees in property disputes, ensuring that developers adhere to agreed timelines and conditions.