Prelaunch Apartments – FAQs & Buyer Guide
Quick FAQs
1. What exactly is a prelaunch apartment?
A prelaunch apartment is a unit offered by the builder before the official project launch to the public. Buyers get early access to floor plans and pricing at significantly lower rates than post-launch.
2. Is buying a prelaunch apartment legal and safe?
Yes, if done with due diligence. Always ensure the project has RERA approval, check the builder’s track record, and review key documents like land titles and approvals. Buying through trusted developers (Provident, Assetz, etc.) adds credibility.
3. How does the prelaunch pricing advantage work?
Prelaunch buyers enjoy lower entry prices compared to later phases. For example, a unit priced at ₹90L in prelaunch may rise to ₹1.05Cr post-launch. This gives instant appreciation and ROI potential.
4. What payment plan is typically offered in prelaunch?
Builders usually offer construction-linked or milestone-based payment plans. You may pay 10–20% at booking, and the rest is linked to construction stages, making it easier on cash flow.
5. Can I choose my unit at prelaunch stage?
Yes — that’s the advantage. Prelaunch buyers get first pick of the best layouts, views, and floors before they’re opened to the mass market.
6. What documents should I check before booking?
Key documents include:
RERA certificate
Land ownership/title deed
Sanctioned layout plan
Builder-buyer agreement
A legal opinion is strongly recommended.
7. What happens if the project gets delayed?
Under RERA regulations, builders are liable to compensate buyers for undue delays. Always ensure the project is RERA-registered for this protection.
8. Do banks approve loans for prelaunch apartments?
Yes. Most reputed banks and NBFCs approve home loans for RERA-approved prelaunch projects, especially from trusted developers. Pre-approved funding ties add extra safety.
9. What’s the resale potential of a prelaunch flat?
High. Buyers often see 10–20% appreciation by the time the project hits completion, making prelaunch apartments attractive for both resale and rental demand.
10. How do I book a prelaunch apartment in Bangalore?
The process is simple:
Submit enquiry → Get brochure & pricing.
Choose unit → Pay booking amount.
Sign agreement → Get bank loan sanctioned.
Track construction → Take possession.
Ask Us Anything
- Get instant answers to your questions
- Always up-to-date with latest prelaunch details
- Ask about pricing, unit types, legalities, or ROI
- Step 1 → Ask – Submit your questions via FAQ or chat.
- Step 2 → Get Answers – Clear, transparent guidance.
- Step 3 → Book – Reserve your preferred unit at prelaunch pricing.
- Step 4 → Move In – Enjoy your home once completed.
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