allottees in A Sentence

    1

    Consent from affected Allottees for any major addition or alteration.

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    2

    The Allottees can now view online every payment deposit entry in their account.

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    3

    It amends the Insolvency and Bankruptcy Code, 2016 to clarify that Allottees under a real estate project should be treated as financial creditors.

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    4

    The Ordinance amends the Insolvency and Bankruptcy Code, 2016 to clarify that Allottees under a real estate project should be treated as financial creditors.

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    5

    The Allottees of such plots would not be allowed to further transfer the plots to any other person within a period of five years after getting the possession.

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    6

    As per the provisions of the RERA, the developer is required to buy insurance for title of the land and building, before he transfers the project to the housing society or association of Allottees.

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    7

    The bench further observed that in the language of the Supreme Court, the Allottees in a large number of cases are speculative investors and not a person who is genuinely interested in purchasing a flat.

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    8

    In response to another question, he said that an account of builders and Allottees has been opened by HA-RERA Gurgram and now the money can be withdrawn only from this account to complete the project.

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    9

    Khandelwal said that in the Sector-89 of Gurugram allotments have been issued to 1,862 Allottees in the Greenopolis project and they have paid more than 80 per cent of the price while only 40 to 50 per cent construction work of flats has been completed.

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