MahaRERA held that a buyer who had paid Rs 1.6 crore remained an allottee even though the sale agreement was only notarised and not registered. The order matters for buyers and project lenders because stamp duty and registration undertakings in the allotment record can affect completion obligations and RERA exposure.
We have not written our own note on this one yet. The source report and, where we found it, the primary document are linked below.