What Is "Expression Of Interest" in Residential Real Estate?

PUBLISHED ON: September 25, 2021 | Duration: 7 min, 41 sec

  
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Many builders are selling home units in an IPO like manner where they invite offer from prospective buyers without disclosing its price. This concept is called 'Expression of Interest'. On this week's #PropertyExplained segment, we tell you what are the risks involved in it and is it legal under RERA to sell homes using 'expression of interest?
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