Luxury launches often open with an expression of interest (EOI) window. Here is how the process typically works and how to protect yourself.
Share your details to receive the brochure, indicative pricing and allotment process. Attend the sales presentation or site visit once the gallery opens.
Start with the brochure page.
If an EOI window opens, you usually submit a form, KYC documents and a cheque or transfer. Confirm in writing whether the EOI is fully refundable if you do not receive your preferred unit.
Prefer EOIs that are adjusted against the booking amount after RERA registration.
After RERA registration, units are allotted, a booking form is signed, and the agreement for sale is executed. RERA caps the amount collected before the agreement at 10% of the cost.
Review the RERA checklist and payment plans.
