diff --git a/README.md b/README.md
index b70ec8f..5119af8 100644
--- a/README.md
+++ b/README.md
@@ -41,6 +41,10 @@ The full contribution guide is still being worked on. For now, you can follow th
 - **Linting**: Refer to the eslint config file.
 - **Pull Requests**: Use the branch `dev` as the base for pull requests.
 
+## Releases
+
+Refer to [Releases](./docs/releases.md) for information about future releases and features.
+
 ## License
 
 This framework under the [MIT license](https://choosealicense.com/licenses/mit/).
diff --git a/docs/releases.md b/docs/releases.md
new file mode 100644
index 0000000..8aeff45
--- /dev/null
+++ b/docs/releases.md
@@ -0,0 +1,23 @@
+# Releases
+
+## Introduction
+
+This is a documentation of upcoming releases. Only minor and major releases are included. Date and time are given in [GMT](https://greenwichmeantime.com/).
+
+## Version 1.2.0
+
+### Features
+
+- Lifecycle Hooks: The parameter [`options`](api/create-component/create-component.md#options) of [`createComponent`](./api/create-component/create-component.md) will include lifecycle hooks. The hooks will be invoked at certain stages of the lifecycle of a component.
+- Custom Component Initialization: At the moment, using [`Component`](api/component/component.md) directly requires you to execute the processes handled by [`createComponent`](api/create-component/create-component.md). This feature will enable `createComponent` to take second argument, a customized component. The customized component will be initialized by `createComponent`.
+
+### Progress
+
+- [ ] Add lifecycle hooks.
+- [ ] Add customized component as a parameter to [`createComponent`](api/create-component/create-component.md).
+
+### Release Date
+
+| Year | Month | Day |
+| ---- | ----- | --- |
+| 2021 | June  | 22  |