TNREAT - Ownership Of Land Is Not Determined By FSI But By Area Mentioned In Sale Deed And Allotment Letter To Homebuyer

In a recent case, the Tamil Nadu Real Estate Appellate Tribunal (TNREAT) ruled on ownership rights regarding land FSI area in relation to a sale deed versus an allotment letter issued to a homebuyer. The Tribunal emphasized that ownership rights are established by the sale deed, not the allotment letter. This decision clarifies the legal position where disputes arise over property ownership documentation in real estate transactions, underscoring the importance of sale deeds in determining ownership rights. This ruling impacts how homebuyers and developers interpret their legal rights and obligations in property transactions.