Step 7 of 8: Check the pre-launch, EOI and launch terms
Pre-launch, EOI and launch buying
What pre-launch, EOI and launch mean, when your money stops being refundable, and how launch prices move.
This step covers buying around a project's launch, the stage where many first decisions are made. It starts with the difference between pre-launch, an EOI and the launch, and why a booking needs the K-RERA registration first. The EOI guide explains the refund terms to get in writing, and how the price is set at reveal. The allotment letter guide shows what you commit to when a specific flat is allotted to you, and how it differs from the agreement for sale. The launch price guide explains how builders can raise prices by phase, and how to compare the full cost of a flat. The last guide shows what you can negotiate with a builder, and what the law fixes, such as taxes and the RERA rules. Each guide treats builder practice as a claim to get in writing, unless an official source states it. Use this step before you pay any EOI or booking amount.
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- 7.1 Pre-launch vs EOI vs launch: what each stage means
What each stage before a launch means for your money and your rights.
Read the guide
- 7.2 EOI terms: refundability and price at reveal (an EOI is never RERA'd yet)
What an EOI is, when it is refundable, and how the price is set at reveal.
Read the guide
- 7.3 Allotment letter: where your money stops being refundable
What an allotment letter commits you to, and what you lose if you cancel.
Read the guide
- 7.4 Launch offers and price ladders: how builders move price by phase
How builders price launch phases, and how to read a launch offer.
Read the guide
- 7.5 Negotiating with a builder: what is negotiable, what is not
Which parts of a builder's price and terms can move, and which cannot.
Read the guide