Tag: Prelaunch Offers
Bangalore is a hot destination for new residential projects especially Apartments. Often we hear of pre-launch offers, which promise attractive rates during the offer period. Whereas it is true that the prices are attractive and look good for investors, one should exercise caution since the Pre-launch offers would often mean pending approvals. Some projects that are mentioned in this site have been in the pre-launch stage for a year or more and those who have booked are left to the grace of the builder, booking in pre-launch can also mean that your booking amount may get locked without interest for an indefinite period of time or having to shell out cancellation charges if you don’t read the fine print carefully. All in all one should realize that there are definitely risks associated with pre-launches.
The Real Estate Regulatory Bill that was approved by the cabinet in mid 2013 may soon put an end to the pre launch offers, until then this page will list all the pre-launch projects in Bangalore with the most recent being on the top. You can use the link at the bottom to browse more pre-launch projects, do note that some of the projects may no longer be in pre-launch stage.