Will the project get built? How to judge a launch
Doorvia Guides · July 13, 2026
Construction financing depends on hitting a sales threshold, so a project's early sales pace matters to you.
A developer normally cannot start construction until it has pre-sold enough units to satisfy its construction lender, commonly a large majority of the building. Until then, the project exists on paper.
Signals worth asking about: has zoning approval been obtained, is site plan approval in place, has demolition or excavation started, what is the current sales percentage, and has the developer completed comparable projects in the same city.
Ask specifically about the outside occupancy date in your agreement, which is the latest date by which the developer must deliver, and what happens if it is not met. Then confirm how your deposits are held and what statutory deposit protection applies.
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