×

quesSoft launch or pre-launch valid in UP

Is soft launch or pre-launch is valid in U.P. I heard about a ruling from Supreme Court that this is not valid, if true could you please provide me that ruling details.

  • ansA pre-launch (or soft launch) is a situation where a developer informs an inner circle of brokers and investors of the availability of properties in a project that has not been officially put on the market. Word of this arrangement spreads by word of mouth and email but does not figure on the developer's website or in other marketing media. "Investing in pre-launched projects is a high-risk undertaking, buyers must keep in mind that the project might not have got all required approvals or might not be cleared for home loan approvals by lenders. Another risk is that the project could be delayed or even shelved if the developer is not able to raise enough money. it is best to avoid these projects . Buy a flat after builder has obtained all approvals and building has been granted an Occupation certificate .

  • Apply For Legal Heir/Succession Certificate With Expert Lawyers
    Know More

    Click here to see all Property Legal Services
  • Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at LawRato.com and has been responded by one of the Property Lawyers at LawRato.com to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at LawRato.com or book a Detailed Consultation with a Lawyer of your choice to address your query in detail.
Consult best Property lawyers in India

Similar questions

HI , MY QUESTION IS AFTER MY FATHERS DEATH IS I AM CLAIM DIRECTLY TO…
In case of redevelopment of property is it necessary to deposit original title deed in…
The question is m i eligible to construct a small house on govt land as…
Mera flat mere dad ke naam pe hai ap use mom ke naam pe transfer…

Property Lawyers in India

Advocate Arjun Vinod Bobde

  Supreme Court of India
 Experience: 16 years


Advocate Prashant Mendiratta

  Lajpat Nagar 4
 Experience: 24 years


Advocate Prabhjit Jauhar

  Connaught Place
 Experience: 20 years


Advocate Mohammed Abdul Quadeer

  Shree Ram Nagar
 Experience: 11 years


View all >>