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EOI (expression of interest)

A refundable payment or form showing a buyer's interest in an upcoming project. Using EOIs to pre-sell before RERA registration is risky.

Also called: expression of interest

An expression of interest records a buyer's interest, sometimes with a refundable cheque, before allotment opens. EOIs help gauge demand and plan launch pricing.

Because RERA prohibits marketing and booking before registration, an EOI that looks like a booking (a specific unit, a price, non-refundable money) can be treated as a violation. Keep EOIs refundable, non-unit-specific and documented, and take legal advice for your state.

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