Investment made in reliance on an allotment is relevant to relief
The allottee paid the land price and took possession. It began construction-related work on the plot. Its response detailed expenditure on site work and related activities. The cancellation followed after those investments had been made. The Court considered the consequences of the cancellation. The final order required refund of the original amount with interest. The specified interest rate was seven per cent per annum. The remedy addressed the financial consequence of the failed allotment. Bihar Industrial Area Development Authority & Ors. v. M/s Scope Sales Pvt. Ltd. & Anr. | 2026 INSC 89