Allotment Letter vs Possession Certificate: Key Differences Explained

An allotment letter is issued by a builder when a property is booked, while a possession certificate is given after construction is completed. The document purposes, timing, and legal value are different. Understanding **Allotment Letter vs Possession Certificate** helps buyers avoid confusion during registration, loan processing, or resale. Knowing which document proves booking and which confirms handover ensures smoother real estate transactions and protects buyers from legal or financial risks.