Buying at pre-launch means committing before RERA's protections switch on. That can be a rational trade — but only if you convert it from one irreversible decision into a staged one. This checklist does that.
Stage 1 — Before you pay the EOI
The developer
- Confirm the developer's legal entity name — the SPV that will sign your agreement, not just the brand
- Review the developer's latest published financials if listed — see the company profile
- Check RERA complaint records for their other projects in the same state
- Visit two completed projects and speak to residents — see what to ask
The project
- Ask for the land licence and approvals obtained to date
- Ask the expected RERA registration date and what happens to your money if it slips
- Confirm land title position and whether the parcel is owned or under development agreement
- Get the site plan with ground coverage figures — see why density matters
The money
- Get the EOI terms in writing — refund policy, refund timeline and deduction
- Confirm the allotment order method — receipt date, configuration pool, or draw
- Confirm the receiving account is a developer account, not a channel partner's
- Get the indicative cost sheet with the PLC grid — see the cost sheet guide
If items 9 to 12 cannot be provided in writing, that is your answer. A developer confident in its process has no difficulty putting these on email.
Stage 2 — At allotment
- Confirm tower, floor, unit number, super area and indicative carpet area
- Get the final cost sheet for that specific unit
- Get the dimensioned unit plan, not the rendered version — see floor plans
- Get the written specification annexure
- Confirm the milestone definitions behind the payment plan percentages
Remember you can decline at this stage. That is the entire value of treating the EOI as an option rather than a purchase.
Stage 3 — At agreement for sale
- Verify the RERA registration yourself on the state portal — not from a forwarded screenshot
- Have a conveyancing lawyer review the agreement before signing
- Check specifically: declared carpet area, possession date, delay compensation clause, specification annexure and termination terms
The mindset that makes this work
Treat the EOI as buying a queue position with a documented exit, not as buying an apartment. Under that framing, the questions above are not confrontational — they are the natural questions anyone would ask before advancing money for several years.
A developer that treats them as unreasonable has told you something useful.
Applying this to Godrej Verano
Verano's HRERA number is Coming Soon and the EOI is ₹10 Lakhs* with allotments live this September. Work through Stage 1 before transferring, and see the full booking sequence.
FAQs
What should I check before paying an EOI?
The developer's legal entity and financials, RERA records for their other projects, land approvals and title, the expected registration date, and written EOI terms covering refund policy, allotment order and the receiving account.
Can I get my EOI money back?
That depends entirely on the written EOI terms. Obtain the refund policy, timeline and any deduction in writing before transferring.
Should I use a lawyer when buying from a developer?
Yes, before signing the agreement for sale. That document fixes carpet area, possession date and delay compensation.
Is buying at pre-launch a bad idea?
Not necessarily. It offers lower entry pricing and better unit selection, but RERA protections apply only after registration, so it should be approached as a staged decision with documented terms.
Get the Godrej Verano price list, floor plans & brochure
3, 4 & 5 BHK · 2150–3900 sq.ft. · ₹5.91 Cr* onwards · EOI ₹10 Lakhs* on a 20x20x20x20x20 plan. Allotments are live this September — share your number and we will send everything on WhatsApp.
Express Your Interest 📞 +91 72310 06261