Birla Evara EOI is the process of the allotment of the apartments before the project launch, from the pre-launch stage. In the expression of interest stage, the Birla Evara has hot-booked up to 40 per cent of the apartments. Almost 1 BHK and 2 BHK were sold out in the EOI stage of the project.
Expression of interest means the builder will collect the cheque and the EOI form before the RERA until the project is launched. The process will include, firstly, collecting the bankable post-dated cheque from the buyer and their preferred plots of apartments. When the project launches, the builder will first prefer the EOI clients.
As of the EOI phase, the builder will collect the cheque and note their preference. When the project launches, the preferred and mentioned units in the OI will be given to them. So the investor can get it at the lowest price ever for the project. Once the project is launched, the builder will charge extra for the floor rise level, the preferred side of the phasing, and the amenities.
When you are giving the expression of interest, customer executives will give the form of the EOI. While filling it, the buyer can fix the unit, tower and the phasing of the unit. Very next to the project launch and RERA, the potential buyer can either proceed with his booking or, in case of the not available, he will have complete access to cancellation with a hundred per cent refund.
Birla Svara of the Sarjapur Road, which was launched on 7 February 2025, has received an outstanding review for the excellence of the builders from whoever booked an EOI. Builders have sincerely made the allotments for EOI clients who have shown their interest. The project has a 4.5 EOI rating from the potential customers of the development.
Usually, EOI offers most of the benefits regarding the project, including price, cash back, and many offers related to floor level, the towers, and amenities. However, the disadvantage is that some blocked builders' projects have a chance of getting cancelled due to litigation, and there will be a chance that the government will not apply the project. In that case, buyers can experience
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