Advantages of Buying Pre-Launch at Prestige Grove Park

1. First Pick of the Best Homes

Early buyers choose from the full range of towers, floors and views. Park-facing homes on high floors tend to go first. Once the public launch opens, choice narrows fast.

2. A Chance at the Lowest Entry Rate

Builders tend to raise prices in phases as a project sells. Pre-launch buyers can lock in a rate before these increases. In a strong market like Borivali, even a small early saving adds up.

3. Head Start on Price Growth

Your home starts gaining value from the day you book. By possession in December 2031, you will have held it through years of market growth. Early buyers gain the most from this full cycle.

4. Longest Payment Timeline

The project follows a 10:10:80 construction-linked payment plan. Pre-launch buyers get the longest runway until the final payment at handover, which eases pressure on your savings.

5. More Time to Plan Your Loan

With launch still months away, you can compare banks and improve your credit score. You can also build your down payment for the 25% that RBI rules require on premium homes.

6. Better Unit Planning

Early buyers can discuss floor choices, parking and layout options before demand peaks. Sales teams have more time to answer your questions in detail.

7. Entry Before Big Infrastructure Opens

The Thane-Borivali tunnel should open by mid-2028, well before possession. Buying before such projects open lets you gain from the price lift they bring.

Here is a simple example of how a small rate rise after launch affects value. It assumes a 2 BHK of 750 sq ft booked at the pre-launch rate.

For illustration only. Prestige will set the actual launch and phase prices.

Pre-launch buying carries real risks, and a smart buyer plans for them.

• RERA approval is still in process, so final plans may change.
• Launch may shift if approvals take longer than expected.
• Banks will not lend until the project gets RERA registration.
• The final price sheet, charges and floor plans come only at launch.

• Pay any expression of interest amount only by bank transfer.
• Get a written receipt that clearly states the amount is refundable.
• Deal only with Prestige's official sales team or its listed partners.
• Do not sign the Agreement for Sale until the MahaRERA number is out.
• Remember that the RERA Act caps advance payments at 10% before a registered agreement.
• Check the MahaRERA portal once the project gets its registration.

A few clear questions at this stage save you trouble later. Ask these before you pay any amount to anyone.

• Is the expression of interest amount fully refundable, and within how many days?
• Will my pre-launch rate hold when the official price sheet comes out?
• Which towers and floors face the national park directly?
• What is the transfer policy if I want to sell before possession?
• Which banks have agreed to fund the project after launch?

Get the answers in writing, on the builder's letterhead or by official email.

Pre-launch buying suits investors and families who plan for the long term. It works well if you want a park-facing home and can wait until 2031 for possession. If you need to move in soon, a ready home may suit you better.