Understanding the difference between prelaunch and ongoing projects, will help you make a better decision when purchasing a home. I learned this difference during my home buying journey. I recently signed EOI for a pre launch project. After a few months, the project received RERA approvals, and started construction. During its ongoing phase my friend booked a property here but at a much higher rate than mine. It was during this time I learned the difference between prelaunch and ongoing projects.
What is the Difference Between Pre Launch and Ongoing Projects in India?
Prelaunch Project
A prelaunch project is one that has not yet begun construction and is introduced before receiving legal approvals such as RERA registration. It usually attracts purchasers who are looking for early-bird offers because its prices are lower than market rates. But because of the lack of clearances and assurance, the risk is significant.
Ongoing Projects
In contrast, an ongoing project is authorised by law and is under construction, but the builder has not yet received the completion certificate. Compared to prelaunch projects, these are more secure, but they cost more.
It is also more common for prelaunch phases to see minor layout or specification changes than ongoing ones. Selecting reputable developers is always a good method to lower risk, particularly with prelaunch deals.
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What is the Difference Between Prelaunch and Ongoing Projects?
Alwin78
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5 months
2025-07-08T10:19:36+00:00 2025-07-08T10:19:37+00:00Comment
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