Purchasing a home is one of the biggest decisions people make in their lifetime. This milestone is like a dream come true for many but ... Read More
17 March, 2020
Buying a home is a big decision on so many levels! Be it to reside or for investment, purchasing a property without proper fact-checking... Read More
17 March, 2020
At a time when the customer expects end to end solutions, the role of a real estate broker has undergone a lot of changes... Read More
31 March, 2020
In the current scenario, many people are applying for home loans in order to buy their dream house. But not everyone is well ... Read More
31 March, 2020
When you plan to buy a home appliance like an air conditioner or a washing machine, there are a few company names that would... Read More
31 March, 2020
After a series of government initiatives, the real estate sector in India has undergone drastic transformation which has led more... Read More
31 March, 2020
Buying a house is the most important decision and perhaps the most expensive decision in many people’s lives, however there... Read More
31 March, 2020
The real estate sector has expanded rapidly over the last decades. The central government has come out with several policy... Read More
31 March, 2020
A home loan is a service provided by the banks and housing finance companies. It is one of the most significant debts one... Read More
31 March, 2020
Buying a house is one of the biggest decisions for many people and is a very crucial time for them. Any mistake while buying... Read More
31 March, 2020
National Real Estate Development Council (NAREDCO) was established as an autonomous regulatory body in 1998 under the aegis of... Read More
31 March, 2020
Purchasing a home is one of the biggest decisions people make in their lifetime. This milestone is like a dream come true for many but not an easy one to achieve.
With soaring property rates and no proper guidance to the perfect home, it gets even more challenging for a buyer to make the right decision. The struggle doesn’t just
limit to the buyers, even the developers across the nation are finding it hard to sell their ready inventories, reason being the lack of awareness which is indirectly
hindering our country’s GDP!
But now, buying and selling properties is all set to become easy and hassle-free, thanks to India’s First E-Commerce Real Estate Marketplace - Housing For All by NAREDCO! The pioneering portal www.housingforall.com was launched at the hands of Shri Durga Shanker Mishra, Secretary at MoHUA. Inspired by Govt. of India’s ‘Housing For All’ and ‘Digital India’ initiatives, this portal will host India’s Biggest E-Commerce Housing Sale with 1,000+ projects and 50,000+ potential buyers!
Well, if you’re wondering what makes this portal different and special? The answer would be - its TRANSPARENCY! The main purpose of this initiative itself is to instil faith among the buyers and this is only possible if the platform is transparent and trustworthy. With NAREDCO’s Trust Certification, Housing For All provides 100% assurance that in case of any dispute in the transaction made on the platform, the same would be redressed through a Dispute Redressal Committee of NAREDCO members. In case of cancellation, there will be a full refund of the Booking Amount paid on the portal. Further, the portal also provides exclusive bank offers for buyers who wish to apply loan through the portal.
The portal ensures that a buyer is guided properly right from the start when he makes the decision to purchase a property till the very end when he actually buys one. All this is to create confidence in the minds of the consumer across India and revive the housing sector back to its glory. As stated by Shri. Durga Shanker Mishra, Housing For All has the potential to become the ‘Amazon of Indian Real Estate.’
Buying a home is a big decision on so many levels! Be it to reside or for investment, purchasing a property without proper fact-checking is like throwing caution to the wind!
Several parameters are to be considered before you can even think about finalising on a house.
So, let’s go through some Do's and Don’ts you must absolutely know when buying a property.
DO A LOT OF RESEARCH
Before you make that huge purchase, make sure you do enough research about the property. This includes everything, right from the developer’s reputation to the property’s proximity to schools, markets, hospitals, etc. Knowing the neighbourhood is very important as it’s not just the indoors of your home that matters, but also the outdoor surroundings.
DON’T GO BEYOND YOUR BUDGET
Opting for properties way out of your budget just because they look more appealing is a big NO! Don’t be tempted as it can hinder your finances in future. The bank provides you a certain amount of loan considering your ability to repay the same.
DO KNOW THE RESALE POTENTIAL OF THE PROPERTY IN FUTURE
Purchasing properties is a great way to get handsome returns on investment. When buying a property, make sure you know its future resale value, which largely depends on the locality of the property and the upcoming developments in the area that makes the property more valuable.
DON’T CHANGE JOBS
You must avoid changing jobs in the middle of purchasing a house. Your employment history is considered seriously by banks who lend you loans and changing jobs may cause the banks to think that you are unstable and you don’t have a steady income.
DO CHECK IF THE PROJECT IS RERA-APPROVED
One of the most important steps before locking down your purchase is to check if the project is RERA-registered or not. It’s not recommended to buy properties which are not RERA registered. If you buy a property that is not registered with RERA, you will not be able to approach the authority to file a complaint, if needed.
DON’T MAKE LARGE PURCHASES ON CREDIT
Sudden big purchases can quickly alter your credit rating which is not something that’ll appeal the lenders. Keeping your debt-to-income ratio stable is a healthy practice and is important to maintain a good credit. Therefore, it’s recommended to have no big transactions till you close.
At a time when the customer expects end to end solutions, the role of a real estate broker has undergone a lot of changes. A broker’s
job which was earlier restricted only to scouting for property on behalf of his client has metamorphosed into taking charge of even the minutest details of the sale.
The reasons are multiple. Firstly advancement in technology and advent of several online platforms, both buyers and sellers has the option of meeting directly. Property details too can be seen directly on these platforms, thus reducing the role of the estate brokers drastically. Even developers can create awareness of their projects through various social media platforms eliminating the role of the agent.
Real estate brokers today have to cater to the needs of a changing customer base and have a much superior role to play in this regards. Their role today starts from creating specific demand for a very niche product and doing adequate due diligence to assess the hidden risks. He also provides consultancy service for the potential buyer as to the various requirements and the limitations or shortcomings of each property, which is something not available in the market. He then facilitates a meeting between both the potential buyer and seller playing a very active role at the negotiation stage. He also acts as a guarantor for the transaction rather than being an initiator for the deal. He assists in arranging for finance and provides both legal and tax saving advice. In some cases, he also provides after sales service to ensure a smooth transition for the buyer in the new property.
Thus the Real estate brokers are now focusing more building the relationship with buyer instead just handling the transaction process.
In the current scenario, many people are applying for home loans in order to buy their dream house. But not everyone is well versed with the process of home loan and the requirement of the bank to get a approval on their loan application. As a result, most of the applications received for home loan gets rejected by the bank. Let us understand the basic procedure of home loans step by step:
Step 1 -
Applying for home loan: The procedure of the home loan starts with a formal application given to the bank. Along with this form, there are some additional documents that are required to be submitted which help the bank understand your loan eligibility. Most of the banks will ask for following documents,
Proof of education/ professional qualifications
Proof of income
Property details (if finalized)
Step 2 -
Payment of loan processing fee: The bank will charge with some non-refundable loan processing fee. Most of the banks charge 0.5% to 1% of the loan amount as processing fees. Banks use this amount to commence and maintain the home loan process.
Step 3 -
Applicant’s Verification: once you have submitted the application with all the necessary documents, the bank will then verify it and decide the amount you are eligible for.
Step 4 -
Evaluation of repayment capacity: the most crucial part of any home loan process is the verification of the repayment capacity of the applicant. The bank may sanction or reject your application depending on how satisfied are they with your ability to repay the principle amount on time.
Step 5 -
Home loan offer letter: in this stage the bank proceeds to draft an offer letter with the following details:
Rate of interest applicable
Fixed or floating rate of interest
Mode of repayment
Terms and condition associated with the loan
Step 6 -
Property Verification: Prior to disbursing the loan, the bank will verify the property in question. You will be required to submit original copies of the title deed, no objection certificate and other documents the bank might ask for.
Step 7 -
Home loan disbursal: Once all the above mentioned formalities are completed, the registration of home loan commences. The home loan disbursal process will begin after you sign the loan agreement. Depending on the type of disbursal agreed upon, your bank will dispense the loan amount.
When you plan to buy a home appliance like an air conditioner or a washing machine, there are a few company names that would crop up in your mind. This is possibly because the company or the brand may have created creditability for itself from years of good service. But would such an experience be possible, when you plan to buy a property? If you could possibly come up with the names of a few top builders who has managed to create good will in the society due to their quality construction, wont buyers agree to pay premium for such projects? Most likely the answer is Yes to this question.
How to create brand value in your business?
Quality construction: A developer needs to use superior quality of products while constructing his houses. He would install superior quality floorings while constructing the house. The switches and other electrical appliances fitted in the house too would be of premium quality. The bathrooms too would have very high quality faucets and fittings. The developer needs to ensure that he does not use substandard quality products to cut costs and compromise on the quality work.
Sticking to deadline: The developer needs to ensure that he completes the project before the promised times lines and hands over the delivery of the flat to the buyer as per promise. This creates goodwill for the developer and increases a brand value for his projects.
Be consistent: A developer would be able to create goodwill in the market if he consistently delivers quality construction and delivers on time for all his projects.
Customer feedback: A developer also needs to be ready for customer feedback and ensure that the feedback is implemented to improve the quality service that he provides. Feedback can be both positive and negative.
After sales service: A developer’s job does not end with the sale of property. To ensure customer satisfaction, he needs to ensure that he also provides after sales service to take care of customer grievances if any.
After a series of government initiatives, the real estate sector in India has undergone drastic transformation which has led more transparency in the system.
After the demonetisation move by the central government in the year 2016, the real estate sector which was known for its cash only dealings underwent a cleansing from its black money operations. After an initial slump, it led to a system of transparency and financial efficiency in the real estate sector.
The government also amended the Benami Transactions (Prohibition) Amendment Act in the year November 2016 with an aimed at blocking the generation and holding of black money in various forms. It would be difficult for illegal operators to park their ill-gotten wealth in real estate. The act came into existence by amending a 28 year old act Benami Transactions (Prohibition) Amendment Act, 1988. The act also provides penalty for entering into prohibited benami transactions and for furnishing any false documents in any proceeding under the bill.
The government also reduced the goods and services tax to 1 percent for affordable housing segment. This was a major push for its ‘housing for all’ program by year 2022. Lower tax burden is expected to push demand for affordable housing and would motivate more developers to go for the construction of affordable homes.
The introduction of the Real Estate Regulation and Development Act (RERA) in the year 2017 was one of the biggest reforms introduced in the real estate sector to create transparency and protect the interest of the property buyer. It was also aimed at increasing investments by increasing accountability for the developers. The industry also witnessed an upward shift in Private Equity investments, which indicates that investors view the implementation of this Act as a positive step. The biggest success of the reform is that it has managed to revive the confidence of home-buyers.
Buying a house is the most important decision and perhaps the most expensive decision in many people’s lives, however there are several elements which influence the decision of a potential buyer. Listed below are some of the elements which guide his decision making process.
Budget: The price of the property is the most important determining factor for any property purchase. The potential buyer earmarks a financial budget within which he needs to purchase his property. The developer needs to understand the budget which the buyer has in mind and show his property accordingly to ensure a quick sale.
Connectivity: Buyers are also particularly influenced if the property is well connected to his place of his employment or place of his needs. A property which is well connected by local transport facilities would find many buyers regardless the premium that it may command.
Social infrastructure: Buyers prefer to purchase which has proximity to his and family’s social needs like temple, market area or schools. This is also one of the reason that most developers construct temples within the housing projects to attract more customers.
Amenities: Developers can attract potential buyers by offering extra amenities like a play area, community club or recreation facilities like a gym area, joggers area or swimming pool. Though these amenities do add up the cost of the project, buyers don’t mind paying extra to avail these facilities. Also additions like a slotted parking is one of the important factors ensuing the deal. The builder needs to provide enough parking spaces for every individual to park their vehicles.
The real estate sector has expanded rapidly over the last decades. The central government has come out with several policy initiatives and amendments to the existing acts to contribute to the growth of the real estate sector.
Pradhan Mantri Awas Yojana (PMAY) was initiated with an aim to provide affordable houses in both urban and rural areas across the country by the end of 2022. Till now a total of 1.2 crores houses under PMAY are approved by the government and 32 lakh houses have been handed over to beneficiaries, while 60 lakh units are under construction. Also, the government had reduced the GST rate from eight percent to one percent for under-construction properties constructed under the Credit-Linked Subsidy Scheme (CLSS) component of the PMAY.
Green Housing, an environment-friendly initiative was introduced wherein environment-friendly and energy-efficient processes and technologies were used throughout the developments of buildings. More than 4,300 projects with 4.7 billion sq ft of the built-up area had registered. India’s green building sector is anticipated to double by 2022 at 10 billion sq ft.
Real Estate Development and Regulation Act (RERA) was introduced in the year 2017 to bring transparency in the real estate market and pursue uniform laws to safeguard the interest of home buyers which reduces the possibilities of misappropriation of funds by Builders. The major factors which prompted property purchases increased by 20 percent after effective RERA implementation. Until now over 36,000 ongoing and new real estate projects have been cataloged successfully under RERA.
Real Estate Investment Trusts or (REITs) were started to encourage investments into the real estate sector by raising funds from individual investors and directly investing the corpus in real estate properties. Infrastructure Investment Trusts (InvITs) another investment platform to raise funds for several infrastructure projects from the general public was also launched. The success and growing popularity of REIT and InvITs have led to the announcement of a number of new business trusts looking to raise over Rs 1, 53,000 crores over the next few years.
A home loan is a service provided by the banks and housing finance companies. It is one of the most significant debts one takes in life. As it is very crucial to take informed decision before you apply for a home loan, make sure there is no confusion left with you as this is financial decision you need to live with for most part of your life.
We will discuss some of the common myths in this article and clear majority of the doubts.
Myth 1: Lower interest home loans are the best
Everyone would prefer a lower interest rate home loan very often but it is not practically suitable to every situation. The interest is determined by the lender based on several factors like your credit score, income, credit repayment, etc. A low-interest rate may look attractive but it could also mean that you have to pay higher down payment. As a result, you may not qualify for financing of 80%, the standard funding which is offered by the home loan providers.
Myth 2: Short term tenure of the loan is the best
Home loan are originally for a very long term. The borrowers remain in debt for almost two decades of his life. Most of the people who are applying for home-loan for the first time believe it is better to apply for short tenure loans. But people who apply for short tenure loan end up paying higher equated monthly installments (EMIs). High EMIs affect the personal monthly budget of the individual, leaving you with no room to saving for emergencies.
Myth 3: Lenders reject loan if your credit score is low
Many applicants believe that if the credit score is less than 750 (out of 900), their loan applications will be rejected and hence, avoid applying for the home loan. Banks are strict about credit scores, but you still stand a chance to get the home loan approved by Housing Finance Companies (HFC) for the loan.
Buying a house is one of the biggest decisions for many people and is a very crucial time for them. Any mistake while buying a house can lead to much future heartache to the buyer.
As each and every real estate market is different, the buyer needs to understand the neighborhood where he/she is willing to buy the house. A real estate broker comes with a lot of experience about the local market and is in a position to do due diligence of properties in a particular locality The estate agent can provide proper guidance as to how to go about in the negotiations in case you are interested in purchasing a particular property.
If it is the first time for an individual who is stepping into the market as a buyer then it is advisable to go through a broker. There are certain red flags to look for when buying a house, which you may not be aware of. But an experienced real estate advisor may live in the same locality will be able to highlight the potential problems in the project or house.
As the real estate broker has been involved with property transactions all the time, it is natural that he has some insight about the legal processes. Most of the times, he also provides guidance and assistance in the registration process after you have paid the money to the seller. He also tells you the kind of documents that would be needed and the exact format of the agreement that would be in your favor.
The agent also had connections with bank representatives, legal experts and other people related in the field. They can also ensure that your work gets processed much faster.
Also if you run into a snag with the seller along the way, such as a problem with the title or disagreement over terms, you can find yourself in a very difficult situation without the help of a knowledgeable broker.
National Real Estate Development Council (NAREDCO) was established as an autonomous regulatory body in 1998 under the aegis of Ministry of Housing and Urban Affairs, Government of India. It was formed with the mandate to transform the Indian real estate sector into a matured and competitive business sector globally.
The Indian real estate sector and allied industries consider NAREDCO as the apex national body for the real estate industry and visualize it is as a single platform where the government, industrialist, and public come together to discuss all the issues faced by them for speedy resolutions of the issues.
NAREDCO is also known for promoting, encouraging and assisting all the enterprises dealing with and engaged in all aspects of real estate. The body is also responsible for arranging a meeting between the members and government in order to discuss issues and come out with suitable solutions for the same.
NAREDCO works as a catalyst in bringing about the growth and development of the Indian Real Estate Industry. This industry body is also known for strengthening the industry’s role in the economic development of the country. It actively participates in formulating national policies and agenda for real estate development and fiscal reforms.
Home-buying is one of the biggest financial transactions for most people. Ideally a genuine buyer makes a property purchase with a sole objective of residing in it rather than with an intention of making money out of it. There are many occasions when a buyer would most likely want to purchase a property; some of them are listed below-
Expansion of Family:
In our society, a growing family and the need to ensure adequate space for each one of them is one of the biggest concerns. A family may grow by addition of a new member by marriage, birth or just a couples decision to live with ageing parents. These factors influence the family to go for a property purchase of a larger house.
Relocation to a new city:
When a family relocates to a new place, it may be reason enough for the family to purchase a new property there. Many families don’t prefer to live on rent and may want to shift to their own house if the relocation is permanent in nature.
Tired of living in a rented apartment:
Many couples who have been living in a rented apartment for a long time and have managed to get the financials in place may want to live in their own apartment now.
Festivals are occasions when everyone spends money on some thing or the other. Many people prefer to purchase their dream home on these special occasions to make it all the more auspicious. Developers wait for the festive season to make up for any slow growth that they must have witnessed during the whole year. Occasions like Akshaya Tritiya, Dusshera and Diwali are some of the festive occasions when people purchase their property. To attract buyers, developers also come out with special discounts and incentives during such times.
©2020 Housing for All | All Rights Reserved.
This website, www.housingforall.com, (hereinafter referred to as "housingforall") is owned, hosted and operated by Naredco West Foundation (hereinafter referred to as Naredco). These terms and conditions regulating use of these Services constitute a legally binding agreement (the “Agreement”) between housingforall and the User.
Please read this document carefully. By accessing or using Housingforall, you agree to be bound by the terms and conditions set forth below. If you do not agree with any of these terms and conditions, you should not access or use housingforall.
Naredco may amend/modify these terms and conditions at any time, and such modifications shall be effective immediately upon posting of the modified terms and conditions on Housingforall. You may review the modified terms and conditions periodically to be aware of such modifications and your continued access or use of housingforall, shall be deemed conclusive proof of your acceptance of these terms and conditions, as amended/modified from time to time. Naredco may also suspend the operation of housingforall for support or technical upgradation, maintenance work, in order to update the content or for any other reason.
If you utilize housingforall in a manner inconsistent with these terms and conditions, Naredco may terminate your access, block your future access and/or seek such additional relief as the circumstances of your misuse may be deemed to be fit and proper.
Unless otherwise specified, the capitalized words shall have the meanings as defined herein below:
1. "Agreement" shall mean and include the completed application form, its attachment(s) and the terms and conditions stated herein. It shall be deemed to have been executed at Mumbai.
2. "Date of Commencement" is the date indicating the acceptance of the application by the User to the service.
3. "Date of Termination" is the date of expiry mentioned in the notice or/and the letter of termination
4. "Housingforall" is defined as the internet website at www.housingforall.com owned by Naredco West Foundation.
5. "Registration Data" is the database of all the particulars and information supplied by the User on initial application and subscription, including but without limiting to the User's name, telephone number, mailing address, account and email address.
6. "User" is defined as an individual or corporate subscriber for the Services and the signatory, whose particulars are contained in the application form and includes his successors and permitted assignees. "User" or "You" also includes any person who access or avail this Site housingforall for the purpose of hosting, publishing, sharing, transacting, displaying or uploading information or views and includes other persons jointly participating in using the Site.
7. Words referring to masculine include the feminine and the singular include the plural and vice versa as the context admits or requires; and Words importing persons includes individuals, bodies corporate and unincorporated.
These Terms shall continue to form a valid and binding contrabetween the Parties, and shall continue to be in full force and effect until the User continues to access and use the Site.
Housingforall provides a number of internet-based services through its platform and shall include:
1. Posting User profile or listing for the purpose of sale of property, and related property services etc.
2. Find a property through Housingforall.com and its internet links.
3. Send advertisements and promotional messages through emails and messages.
4. The Services can be purchased through various methods of payments offered. The purchase of Services shall be additionally governed by specific policies of sale, like subscription fees, payment and Refund policy, cancellation policy etc.
You hereby represent and warrant that you are at least eighteen (18) years of age or above and are capable of entering, performing and adhering to these Terms. While individuals under the age of 18 may utilize the Service of the site, they shall do so only with the involvement & guidance of their parents and / or legal guardians, under such Parent /Legal guardian's registered account. You agree to register prior to uploading any content and / or comment and any other use or services of this site and provide your details including but not limited to complete name, age, email address, residential address, and contact number.
You accept and agree to pay following fees and amount:
A. Registration Fees
The following Registration fees shall be levied for every project:
- 45000 Per RERA Registered Project
- Additional 10,000 for every additional RERA registration in the same project
B. Post Transaction Charges
A. You understand that Transaction Fees (as per Chart) shall be paid to us within 7 days of the registration of Property.
B. You understand that other statutory charges like GST shall be additional
Registration Fees for the Services offered by housingforall shall be on a 100% advance basis. The payment for Registration once subscribed to by the User is not refundable and any amount paid shall stand appropriated. Refund if any will be at the sole discretion of Naredco. Naredco offers no guarantees whatsoever for the accuracy or timeliness of the refunds reaching the Users card/bank accounts. User acknowledges and agrees that Naredco / Housingforall.com, at its sole discretion and without prejudice to other rights and remedies that it may have under the applicable laws, shall be entitled to set off the amount paid or payable by a user against any amount(s) payable by User to Naredco under any other agreement or commercial relationship towards other products/services. Naredco gives no guarantees of server uptime or applications working properly. All is on a best effort basis and liability is limited to refund of amount only. Naredco undertakes no liability for free Services. Naredco reserves its right to amend / alter or change all or any disclaimers or terms of agreements at any time without any prior notice. All terms / disclaimers whether specifically mentioned or not shall be deemed to be included if any reference is made to them.
Naredco uses the maximum care as is possible to ensure that all or any data / information in respect of electronic transfer of money does not fall in the wrong hands. For completing online transactions involving payments a user is directed to a Payment Gateway, Naredco does not store or keep credit card data. Since the transaction happens on a third-party network not controlled by Naredco, once a credit card transaction has been completed, the payment information is not accessible to anyone at Naredco after completion of the on-line transaction at the Payment Gateway, this ensures the maximum security. The relevant payment gateway is authorized to handle the information provided, and is compliant with the regulations and requirements of various banks and institutions and payment franchisees that it is associated with.
Housingforall shall reserve the exclusive right to cancel any content whatsoever from being published or reflected on its website or in any other mode. The payment for Registration once subscribed to by the user is not refundable and any amount paid shall stand appropriated.
To protect the secrecy of user identification and/or password the User shall take all such measures as may be necessary (including but without limiting to changing his password from time to time and shall not reveal the same to any other person(s).
Since a user identification is necessary to access the Service; the User shall use only his own user identification.
In the event of theft or/and loss of User identification or/and password or/and security word, the User shall notify Housingforall immediately via telephone or/and concurrently in person provide a written notice to the same effect. The User shall remain liable for use of the Services by any third party until such theft or loss is notified to the Naredco.
The password and username being made available to the customer shall be used only by the organization named by the customer and the employee of the organization. The User shall take all necessary pre-cautions to prevent un-authorized access or/and leakage of username or/and password being provided by the Naredco to him.
The User shall not use any software to automatically download or/and extract either a complete or/and partial listing from housingforall.com database without prior consent from Housingforall in writing.
To provide accurate, complete and correct registration data on initial application for the Services.
The User agrees that any data entered on the Site will be subject to mandatory verification process by Naredco.
Any and all licenses, permits, consents, approvals and intellectual property or other rights as may be required for using the Service shall be obtained by the User at his own cost.
The User will ensure compliance with all notices or instructions given by Housingforall from time to time to enable the use of the Service.
The User understands and agrees that the User is responsible for all applicable taxes and for all costs that are incurred in using the Site service(s).
The User shall be solely responsible for all information retrieved, stored and transmitted by him.
The User shall keep confidential and not disclose to any person the User's password and user identification and all activities and transmission performed by the User through his user identification.
The User shall be responsible for all the activities that occur his/its display name and password.
The User agrees to immediately notify the Naredco of any unauthorized use / breach of his/its password or account and ensure to exit from the account at the end of each session.
The User shall immediately notify Housingforall of any un-authorized use of the User's account or any other breach of security known to the User.
The User shall promptly make the payment to the Housingforall towards the Transaction fees as and when it becomes payable.
The User shall be responsible for the set-up or configuration of his equipment for access to the Services.
The User agrees that any data entered into herein can and shall be saved, used and commercially exploited by Housingforall as deemed fit by them.
The User shall give out to Naredco a non-exclusive, worldwide, royalty-free, irrevocable, sub-licensable right (through multiple tiers) to exercise all copyright and publicity rights, in any existing or future media, known or unknown, over the material or User Data displayed in your listings. For the purpose of this Agreement, "User Data" shall mean all information (if any) submitted by the User on Housingforall.com with the exception of trading data, credit card numbers, checking account numbers, etc. "Individually Identifiable User Data" shall mean that subset of "User Data" which can be reasonably used to identify a specific individual such as their name, address, phone number, etc. The User Data shall be deemed to be the property of Housingforall.com. The User shall take all reasonable efforts to ensure that it is accurate and complete and not misleading in any.
The User will indemnify Housingforall / Naredco for any action or claim committed/made by any third party resulting from any information posted on the Site by the User or/and anybody else on his behalf and account.
The User is solely responsible for any data entered on the Site. The User who has entered the data is fully responsible for any wrong data entered and shall be liable for any and all action(s) taken by third party (whether civil/criminal). Naredco however shall endeavour to use the best industry practice, of weeding out all wrong data/ false data entered by the User and undertakes to withdraw all such data within reasonable time after verifying the complaint.
User of the website agrees to indemnify and keep Naredco indemnified from any wrong/false data entered into and hereby warrants and covenants that all data entered into the website is true and correct and belongs exclusively to him/it and not to any other third party.
User is restrained from allowing any person other than the authorized person(s) named in the application form to use the Service.
The User undertakes not to resell or assign his/its rights or obligations under these Terms & Conditions. User also agrees not to make any unauthorized commercial use of the Service.
The User shall use the Service only for the purpose for which it is subscribed.
The User shall comply with all applicable laws (and shall not contravene any applicable law) of India relating to the Services, including any regulation made pursuant thereto.
The User shall not print, download, duplicate or otherwise copy, delete, vary or amend or use any data or personal information posted by any User on Site except such data and information which is posted by the particular User himself/itself.
The User shall not use the Service for any unlawful and fraudulent purpose including without limitation criminal purposes.
The Service shall not be used to send or receive any message, which is offensive on moral, religious, racial or political grounds or of abusive, indecent, obscene, defamatory or menacing nature.
The User is prohibited from postings any information or content on Site, which directly or indirectly cause any threat or/and harassment or/and annoyance or/and anxiety or/and any other inconvenience of whatsoever nature.
The User shall not infringe intellectual property rights of any person/party and/or retain information in any computer system or otherwise with an intention to do so.
The User agrees not to make use of anyone else's information other than as necessary to complete any transactions in which User is involved.
The User shall not violate, or attempt to violate the security of the Site and/or any web sites linked to Housingforall.com or gain un-authorized access any information regarded as private by other User(s) or persons, including but without limitation to accessing data and information not intended for them or logging onto a server or account which the User is not authorized to access, attempting to probe, scan or test the vulnerability of a system or network or attempting to breach security or authentication.
The User shall be prohibited to introduce, post or transmit any information or software, which contains a virus, worm or other harmful component into the internet or Site network system.
The Users shall avail Services on Housingforall.com or any other related site for lawful purposes alone. Transmission or/and distribution or/and storage of material or/and conduct in violation of any applicable local or/and state or/and Central or/and foreign law or/and regulation is prohibited. This includes without limitation any unauthorized use of material protected by patent or/and copyright or/and trademark or/and other intellectual property right, material that is obscene or/and defamatory or/and libelous or/and constitutes an illegal threat, or/and violates rights of privacy or publicity, or/and violates export control laws. The User may use the information on our site only to the extent necessary to facilitate the related transactions.
Naredco strongly opposes SPAM, which floods the Internet with unwanted and unsolicited email and deteriorates the performance and availability of the Housingforall.com site. All forms of SPAM, or any other activities that have the effect of facilitating SPAM, are strictly prohibited.Naredco also prohibits the use of another internet service to send or post SPAM to drive visitors to your site hosted on or through Housingforall.com site, whether or not the messages were originated by you, under your direction, or by or under the direction of a related or unrelated third party.
You shall not use any "deep-link", "page-scrape", "robot", "spider" or other automatic device, program, algorithm or methodology, or any similar or equivalent manual process, to access, acquire, copy or monitor any portion of the Site or any Content, or in any way reproduce or circumvent the navigational structure or presentation of the Site or any Content, to obtain or attempt to obtain any materials, documents or information through any means not otherwise made available through the Platform. We reserve Our right to bar any such activity.
You shall not attempt to gain unauthorized access to any portion or feature of the Platform, or any other systems or networks connected to the Platform or to any server, computer, network, or to any of the services offered on or through the Platform, by hacking, password "mining" or any other illegitimate means.
You shall not engage in advertising to, or solicitation of, other Users of the Platform to buy or sell any services, including, but not limited to, services related to that being displayed on the Site or related to us.
The Content posted does not necessarily reflect Naredco views. In no event shall Naredco assume or have any responsibility or liability for any Content posted or for any claims, damages or losses resulting from use of Content and/or appearance of Content on the Site. You hereby represent and warrant that You have all necessary rights in and to all Content which You provide and all information it contains and that such Content shall not infringe any proprietary or other rights of third parties or contain any libelous, tortious, or otherwise unlawful information.
You agree that You shall not host, display, upload, modify, publish, transmit, update or share any information on the Site, that-
- Belongs to another person and to which you do not have any right to
- Is grossly harmful, harassing, blasphemous defamatory, obscene, pornographic, paedophilic, libelous, invasive of another's privacy, hateful, or racially, ethnically objectionable, disparaging, relating or encouraging money laundering or gambling, or otherwise unlawful in any manner whatever;
- Harm minors in any way;
- Infringes any patent, trademark, copyright or other proprietary rights;
- Violates any law for the time being in force;
- Deceives or misleads the addressee about the origin of such messages or communicates any information which is grossly offensive or menacing in nature;
- Impersonate another person.
- Contains software viruses or any other computer code, files or programs designed to interrupt, destroy or limit the functionality of any computer resource;
- Threatens the unity, integrity, defence, security or sovereignty of India, friendly relations with foreign states, or public order or causes incitement to the commission of any cognisable offence or prevents investigation of any offence or is insulting any other nation
The User hereby agrees and irrevocably authorizes that the Naredco has the right to:
All copyright and/or know-how and/or any other related intellectual property rights to the Services of Housingforall.com including listings, details of Users, and any information otherwise made available to User in the Service, shall become and remain the sole and exclusive property of the Naredco and the User shall have no claims to the same. In the event the User has contributed any content to Housingforall.com in any manner whatsoever, all intellectual property rights to the same shall become the absolute property of the Naredco, including all intellectual property rights and the User shall have no right or claim over the same, in any manner whatsoever. In the event that the User during the term of his Agreement or any time thereafter, uses such intellectual property in any other website or related activity, the same shall be considered as an infringement of the intellectual property rights of the Naredco and the Naredco shall have the right to take recourse to whatever legal remedial action is required, in the given facts and circumstances, the costs and peril of which will lie at the end of the User.
Use for the Naredco's own purpose, any data or/and information supplied by the User in connection with this Agreement, and/or pass on such information to any other associated companies or selected third parties.
Retain all data or/and information supplied by the User while using the Service to remain at Housingforall.com for the exclusive use of the Naredco in accordance with service agreement with the User, notwithstanding any termination of the Agreement or suspension of the Service to the User herein. Anything contrary to the above, unless specifically put down in writing, following the termination or suspension of the Service to the User, all such data and information shall remain in the Naredco's property, records and databases as the exclusive property of the Naredco, for all times to come.
By entering mobile number on Housingforall.com while registering for an account or receiving alerts, contacting a property seller/buyer, User gives consent to Naredco and its partners/vendors and sub-partners/sub-vendors to send alerts, contact details, promotional SMS and promotional calls to the mobile number entered by the user, irrespective of whether the same is on the DNC list or any other such data base. In case user does not want to receive these messages on his/her mobile number, he/she shall not submit his/her mobile number with Housingforall.com.
Unless expressly agreed to in writing, nothing contained herein shall give the User a right to use any of the Site's trade names, trademarks, service marks, logos, domain names, information, questions, answers, solutions, reports and other distinctive brand features, save according to the provisions of these Terms. All logos, trademarks, brand names, service marks, domain names, including material, designs, and graphics created by and developed by the Site and other distinctive brand features of the Site are the property of Naredco. Furthermore, with respect to the Site created by Naredco, Naredco shall be the exclusive owner of all the designs, graphics and the like, related to the Site.
For the purpose of this Agreement and attachments thereto and all renewals, "Confidential Information" means all financial, commercial, technical, operational, staff, management and other information, data and know-how relating to the Project/property or to a party (the "Disclosing Party" herein Naredco ) or any other members of the Disclosing Party's group of companies ( including, without limitation, as to products and services, assets, customers, date and database, suppliers or employees), which may be supplied to or may otherwise come into the possession of the other (the " Receiving Party ", herein the User ), whether orally or in writing or in any other form, and which is confidential or proprietary in nature or otherwise expressed by the Disclosing Party or by any of its Associates to be confidential, and not generally available to the public.
The Receiving Party shall keep confidential and secret and not disclose to any third party the Confidential Information nor any part of it, except to any of the Receiving Party's Associates, if required and upon prior permission in writing from the Disclosing Party. The Receiving Party agrees to take all possible precautions with regard to protecting confidential information from any third party and shall ensure that all its Associates to whom such disclosure e is made will act in accordance with the terms of this Agreement as if each of them were a party to this Agreement, and if required obtain a written statement from each of its employees/associates having access to such Proprietary Information undertaking to abide by the confidentiality conditions. All Proprietary Information shall be kept separate and exclusive and at the usual place of business (or residence as the case may be) of the Receiving Party.
Further no use, reproduction, transformation or storage of the Proprietary Information shall be made by the User without the prior written permission of the Naredco, except where required to be disclosed pursuant to any applicable law or legal process issued by any court or the rules of any competent regulatory body.
On request of the Disclosing Party made at any time, including at the time of termination of this Agreement, the Receiving Party shall deliver back to the Disclosing Party all original documents, records, data and other material in the possession, custody or control of the Receiving Party that bear or incorporate any part of the Proprietary Information. The obligations of confidentiality set out in this Agreement shall continue to be in force notwithstanding termination of this Agreement for any reason whatsoever.
All information and data submitted by the User shall become the property of the Naredco. However all such information shall be kept strictly confidential and the Naredco shall not, subject to "Violation of Terms & Conditions" clause, release any such data and information to any third party without the prior consent of the User.
The User has access to only his/its own data and information stored in the database of Housingforall.com (subject to prior confirmation of identity) and nothing more. The User may edit or amend such data and information from time to time.
All confidential information (including name, e-mail address etc.) voluntarily revealed by the User in chat and bulletin board areas, is done at the sole discretion and risk of the User. If such information, collected by a third party is misused or results in unsolicited messages from such third parties, then such actions are beyond the use beyond the control and liability of Naredco and the Naredco accepts no responsibility or liability whatsoever for such actions.
The right to amend vary or change the terms and conditions contained herein and in the Services guide at any time exclusively rests with the Naredco.
Naredco reserves the unilateral right to add to /and/or change and/or delete and/or end the Service at any time with or without notice to the User. There shall be no liability on behalf of Naredco to the User or any third party in case Naredco exercises its unilateral right to modify or discontinue the Service.
Naredco may at its sole discretion and without assigning any reason whatsoever at any time deactivate or/and suspend the Services (as the case may be) without notice to carry out system maintenance or/and upgrading or/and testing or/and repairs or/and other related work and/or the User's access to Housingforall.com. Without prejudice to any other provisions of this Agreement, Naredco shall not be liable for any loss or/and damage or/and costs or/and expense that the User may suffer or incur, and no fees or/and charges payable by the User to Naredco shall be deducted or refunded or rebated, as a result of such deactivation or/and suspension.
The content of other websites, services, goods or advertisements that may be linked to Our Site is not maintained or controlled by Us. We therefore are not responsible for the availability, content or accuracy or privacy practices of other websites, services or goods that may be linked to, or advertised on, Our website.
Where this Site contains hyperlinks to websites operated by third parties these linked websites are not under the control of Naredco and Naredco is not responsible for the contents of any linked website. Naredco provides these hyperlinks to you for convenience only and the inclusion of any link does not imply any endorsement of the linked website by Housingforall Realty Services Limited. You link to any such website entirely at your own risk.
Naredco does not:
(a) Make any warranty, express or implied, with respect to the use of the links provided on, or to, Our Site;
(b) Guarantee the accuracy, completeness, usefulness or adequacy of any other website, services, goods or advertisements that may be linked to Our Site; or
(c) Make any endorsement, express or implied, of any other websites, services, goods or advertisements that may be linked to Our Site.
Naredco accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products or services contained on or accessed through any linked website.
Our Site may also contain third party advertisements which contain embedded hyperlinks to websites operated by third parties. All third party advertising is paid for by the relevant third party advertiser, which you can accept by linking to the third party advertisers and are not recommendations or endorsements by Housingforall Realty Services Limited. The third party advertiser is solely responsible for any representations or offers made by it and for the delivery of goods or services you agree to purchase from the third party website.
Naredco does not have any control or does not determine or advise or in any way involve itself in the offering or acceptance of such commercial/contractual terms between the users and Third Party Providers.
Any use by you of Third Party Services offered through the Naredco's website is entirely at your own risk and discretion, and it is your responsibility to read the terms and conditions and/or privacy policies applicable to such Third Party Services before using them. Naredco may, however, offer support services to Third Party Providers in respect to order fulfilment, payment collection, call centre, and other services, pursuant to independent contracts executed by it with the Third Party Providers.
Naredco neither make any representation or warranty as to specifics (such as quality, value, saleability, etc.) of the products or services proposed to be sold or offered to be sold or purchased on the Platform. The availability of Third Party Services on Naredco's websites or the integration or enabling of such Third Party Services with Naredco services does not constitute or imply an endorsement, authorization, sponsorship, or affiliation by or with Naredco.
Naredco is not responsible and accepts liability for any errors or omissions or non-performance or breach of any contract entered into between users and Third Party Providers on the Platform. Naredco cannot and does not guarantee that the concerned Users and/or Third Party Providers will perform any transaction concluded on the Platform. Naredco is not responsible for unsatisfactory or non-performance of services or damages or delays as a result of products/services.
Naredco is operating an online advertisement platform and assumes the role of an intermediary, and does not at any point of time during any transaction between user and Third Party Providers on the Platform come into or take possession of any of the products or services offered by Third Party Providers. At no time shall Naredco hold any right, title or interest over the products nor shall Naredco have any obligations or liabilities in respect of such contract entered into between User and Third Party Providers.
In case of complaints from the user pertaining to quality or any other such issues, Naredco is not obligated to intervene in any dispute arising between you and a Third Party Provider.
Naredco is not responsible or liable to anyone for discontinuation or suspension of access to, or disablement of any Third Party Service.
If you install or enable a Third Party Service for use, you grant us permission to allow the applicable Third Party Provider to access your data and other materials and to take any other actions as required for interoperation of the Third Party Service with our Services, and any exchange of data or other materials or other interaction between you and the Third Party Provider is solely between you and such Third Party Provider. Naredco is not responsible for any disclosure, modification or deletion of your data or other materials, or for any corresponding losses or damages you may suffer, as a result of access by a Third Party Service or a Third Party Provider to your data or other materials.
Under no circumstances shall Naredco be liable for any direct, indirect, incidental, special, consequential, punitive, extraordinary, exemplary or other damages whatsoever that result from any Third Party Services or your contractual relationship with any Third Party Provider. These limitations shall apply even if Naredco has been advised of the possibility of such damages. The foregoing limitations shall apply to the fullest extent permitted by applicable law.
You agree to indemnify and hold us and (as applicable) our parent, subsidiaries, affiliates, Naredco partners, officers, directors, agents, employees, and suppliers harmless from any claim or demand, including reasonable attorneys' fees, arising out of your use of a Third Party Service or your relationship with a Third Party Provider.
REFUNDS: We do not offer any refunds against goods purchased from the Platform for Third Party Services.
Either party to this agreement may terminate this Agreement by giving prior notice of 30 days in writing.
It shall be on the discretion of Naredco that the period of notice of 30 days may be waived or a shorter period of notice may be accepted in writing from the User.
However, Naredco irrespective of clause 1 and 2 above, may terminate this Agreement with immediate effect, without prior notice to the User and without assigning any reason/s whatsoever (a) if in the opinion of Naredco, the User has breached any of the terms and conditions of this agreement or/and,
(b) if, in the opinion of Naredco or/and any regulatory authority, it is not in the public interest to continue providing the Service to the User for any reason or/and,
(c) if the User is declared a bankrupt or/and the User enters into any compromise or arrangement with its creditors and further without any prejudice to any/all other rights.
If the Agreement is terminated pursuant to provisions set out in Clause 17 above, without prejudice to any other remedies available to Naredco, the User shall be liable for Registration and Transaction Fees payable until the Date of Termination.
The amounts due and payable to Naredco by the User upon termination shall be payable within 30 days of the relevant Date of Termination.
If any monies payable by the User to the Naredco are not paid on the due date, Naredco may without prejudice to any other rights or remedies that may be available to it suspend the Service provided to the User.
When the Services, subscribed for, is suspended, it shall be deemed to be terminated. The date shall be such as stipulated by Naredco and the User shall be liable for all the charges and fees incurred up to the date.
Upon subsequent payment by the User of such monies as demanded by Naredco, Naredco may at its discretion and subject to such terms as it deems proper, reconnect the Service.
In the event of violation of Terms, the Naredco in its sole discretion may pursue any of its legal remedies, including but not limited to the immediate deletion of any offending material from its site, or/and cancellation of your account, and/or the exclusion of any person(s) who may have violated any Terms & Conditions hereto. Naredco can also pursue violators with claims that they have violated various criminal and/or civil law provisions as applicable under the relevant Acts/Rules, etc. of the land. Housingforall.com will cooperate with any investigation by any Central or/and State or/and local body or/and any court or/and tribunal having the competence to carry out the same. Such cooperation may be without notice to the User. If Naredco believes in its sole discretion that any advertisement or/and services may create liability for Naredco, Naredco may take any actions that it believes to be prudent or necessary to minimize or/and eliminate its potential liability, including but not limited to, the release of User information. In sum, Naredco reserves the right to refuse service to anyone at any time, or/and to remove any listings or/and any advertisements for any reason, and without notice.
Occasionally there may be information on our site or in the Service that contains typographical errors, inaccuracies or omissions that may relate to product descriptions, pricing, promotions, offers, and availability. We reserve the right to correct any errors, inaccuracies or omissions, and to change or update information or cancel orders if any information in the Service or Site, is inaccurate at any time without prior notice (including after you have submitted your order).
We however undertake no obligation to update, amend or clarify information in the Service or Site, including without limitation, pricing information, except as required by law. No specified update or refresh date applied in the Service or on Site, should be taken to indicate that all information in the Service or on Site has been modified or updated.
The User hereby agrees that use of the Service is at the User's sole risk. The Service is provided on an "as is" or/and on an "as available" basis. Naredco expressly disclaims all warranties of any kind, whether express or implied, including, but not limited to the implied warranties of merchantability, fitness for a particular purpose and non-infringement.
Naredco makes no warranty that the Services shall meet User's requirements, that the Services shall be uninterrupted or/and timely or/and secure or/and error free.
This Site is vulnerable to data corruption, interception, tampering, viruses as well as delivery errors and we do not accept liability for any consequence that may arise therefrom. We may need to make the Site unavailable with or without notice to carry out maintenance or upgrade work. We accept no liability for any interruption or loss of Service. Further Naredco does not warrant that any of the websites linked to Housingforall.com be free of any operational hazards or error nor that it will be free of any virus or/and worm or/and any other harmful components.
There are no express representations and warranties, whether express or implied, made by Naredco regarding the accuracy, reliability and/or quality of any information transmitted and/or obtained through the use of the Services of Housingforall.com. The User understands and agrees that any information or/and material and/or goods or/and services obtained through this Site is done at User's own discretion and risk and that User shall be solely responsible for any damage/s or/and cost or/and any other consequence/s resulting from any transaction. No advice or or/any information, whether oral or/and written, obtained by the User from Housingforall.com or/and through or/and from the Service shall create any warranty not expressly stated herein. In case the there is any loss of information, caused due to any reason, whether as a result of any disruption of service, suspension and/or termination of the Service, Naredco shall not be liable in any way for the same. Cancellations and alterations shall be effected only on the receipt of application regarding the same in writing.
Naredco shall not be liable for any disclosure of information concerning the User's account and/or particulars nor for any error and/or omissions and/or inaccuracy with regard to information so disclosed. In addition Naredco shall further not be liable for any loss or damages sustained by reason of such disclosure, whether intentionally or inadvertently. All information are accepted in good faith and Naredco accept no responsibility whatsoever regarding the bonafide of the User, nor can any interviews be granted or/and correspondence entered into regarding any advertisement published.
Once a listing or banner is displayed on Our Site, We do not guarantee or make warranties that there would be satisfactory response or any response at all.
Naredco is not liable or responsible for the quality or any misrepresentation or any liability or issue arising out of the Services availed by the User from third party service providers on or beyond the platform of Housingforall.com. For any third party product or service which customer/user will buy through Housingforall.com, the Customers/Users of Services shall take full responsibility to deal with third parties respective vendors at their own risk, cost and liability.
Property descriptions and other information provided on Our Site are intended for information and marketing purposes and, whilst displayed in good faith, we will not in any circumstances accept responsibility for their accuracy. It is the responsibility of prospective buyers/tenants to satisfy themselves as to the accuracy of any property descriptions displayed and the responsibility of agents/sellers/brokers to ensure the accuracy and integrity of property descriptions provided on Our Site and in any property particulars.
Any value estimates provided on Our Site are intended for general interest and information purposes only and should not be relied upon for any commercial transaction or similar use. These estimates are based on publically available information which may be inaccurate or incomplete, and typical factors in certain locations. They will not take account of any factors which are unknown to us and should only be used as a general estimate. None of the information available on Our Site is intended to be a substitute for independent professional advice and users are recommended to seek advice from suitably qualified professionals such as surveyors and solicitors if relevant to their particular circumstances. We shall not be liable for any losses suffered as a result of relying on our value estimates.
Naredco will not be liable for any time difference arising between a message released through a gateway/ server (provided to Housingforall.com) and such message finally reaching the User from the concerned service provider.
The User shall ensure that while using the Service, all prevailing and applicable laws, rules and regulations, directly or indirectly for the use of systems, service or equipment shall at all times, be strictly complied with by the User and the Naredco shall not be liable in any manner whatsoever for default of any nature regarding the same, by the User.
In case a visitor to the portal is desirous of conducting a project site visit of the property he/it is interested in, it shall be the sole liability and duty of the Advertiser to arrange for such project site visits. Naredco shall not be liable in any manner whatsoever, towards any liability and/or costs, arising out of such site visits including but not limited to non-fulfilment by the Advertiser in this regard.
The Platinum Listing is listed for a period of two weeks only from the day the Order is activated. Naredco shall not be liable for any delay arising from the User's end in conversion of their property listing to Platinum Listing, resulting in the Platinum Ad listing not being showcased for the complete period of two weeks. This package cannot be transferred, adjusted or reimbursed.
Naredco has no intention of violating any intellectual property or ancillary rights. If there is any violation, we request that the same be promptly brought to our attention.
It is not Naredco's policy to exercise any kind of supervisory or editorial control over and/or edit and/or amend any data and/or contents of any e-mails and/or posting of any information that may be inserted or/and made available or transmitted to a third party in or through Housingforall.com and the User acknowledges the same. The User acknowledges and agrees that Naredco has absolute discretion to refuse and/or suspend or/and terminate and/or delete and/or amend any artwork, materials and/or information and/or content of any data and/or information and/or posting so as, in the sole opinion of Naredco, to comply with the prevailing legal framework and/or moral obligations as placed on Naredco and in order to avoid infringing any third party's rights and/or any other rules and/or standards and/or codes of practices that may be applicable to the posting or Housingforall.com and/or the internet
Naredco is not involved in any transaction between any parties who are using Our Site. There are risks, which the User assumes when dealing with people who might be acting under false pretences and the same shall be borne by the User. The Site is a venue only and do not screen or/and censor or/and otherwise control the listings offered to other Users, nor does Naredco screen or/and censor or/and otherwise control the Users of its service. Naredco cannot and does not control the behaviour of the participants on this site. We cannot control whether or not Users of Housingforall.com will complete the transactions they describe on Our Site. It is extremely important that the User takes care throughout his/its dealings with third party(s) and/or Users on this Site. Naredco does not accept or/and assume responsibility for the content or/and context of the User comment.
THE NAREDCO'S TOTAL LIABILITY UNDER THIS AGREEMENT (WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE SHALL BE LIMITED TO THE TOTAL AMOUNT OF FEES OR/AND CHARGES PAID BY THE USER TO NAREDCO'S SITE OR THE PERIOD IMMEDIATELY PRECEDING TWO (2) MONTHS PRIOR TO THE INCIDENT GIVING RISE TO THE RELEVANT CLAIM.
Naredco shall not be responsible for the advice, views and suggestions provided by the expert. The information contained herein should be used for reference only. Before relying on any such advice, please do an independent assessment at your end considering your specific requirements and the parameters you have in mind. Housingforall.com will not be responsible for any claims arising out of the use of any information displayed herein.
Housingforall is only an intermediary offering its platform to advertise properties of Seller for a Customer/Buyer/User coming on its Website and is not and cannot be a party to or privy to or control in any manner any transactions between the Seller and the Customer/Buyer/User. All the offers and discounts on this Website have been extended by various Builder(s)/Developer(s) who have advertised their products. Housingforall is only communicating the offers and not selling or rendering any of those products or services. Naredco is not responsible for any non-performance or breach of any contract entered into between Customer/Buyer/User and Sellers. Naredco cannot and does not guarantee that the concerned Customer/Buyer/User and/or Sellers will perform any transaction. At no time shall Naredco hold any right, title or interest over the products/services nor shall Naredco have any obligations or liabilities in respect of such contract entered into between Customer/Buyer/User and Sellers. It neither warrants nor is it making any representations with respect to offer(s) made on the site. Housingforall shall neither be responsible nor liable to mediate or resolve any disputes or disagreements between the Customer/Buyer/User and the Seller and both Seller and Customer/Buyer/User shall settle all such disputes without involving Housingforall in any manner.
If there is any dispute between the Users/participants on this Site, it is agreed upon by the Users/participants that Naredco has no obligation whatsoever to be involved in any such dispute/s. In the event that the User has a dispute with one or more User/s or/and participant/s, the User hereby undertakes not to make any claims or/and demands or/and damages (actual or/and consequential) of every kind or/and nature or/and known or/and unknown or/and suspected or/and unsuspected or/and disclosed or/and undisclosed, arising out of or/and in any way related to such disputes and/or our service against Naredco or/and their officers or/and employees or/and agents or/and successors.
In no case shall Naredco, Our directors, officers, employees, affiliates, agents, contractors, interns, suppliers, service providers or licensors be liable for any injury, loss, claim, or any direct, indirect, incidental, punitive, special, or consequential damages of any kind, including, without limitation lost profits, lost revenue, lost savings, loss of data, replacement costs, or any similar damages, whether based in contract, tort (including negligence), strict liability or otherwise, arising from Your use of any of the Service or any products, or for any other claim related in any way to Your use of the Service, including, but not limited to, any errors or omissions in any content, or any loss or damage of any kind incurred as a result of the use of the Service or any content (or product) posted, transmitted, or otherwise made available via the Service, even if advised of their possibility.
Housingforall has endeavoured to ascertain the requirement of RERA registration. The advertiser is hereby obligated to provide RERA registration number for promoting a RERA registered project in terms of Real Estate (Regulation & Development) Act, 2016. Housingforall is a platform for advertisement and does not vouch for the project or the details provided in the advertisement.
YOU ACKNOWLEDGE THAT THIRD PARTY SERVICES ARE AVAILABLE ON THE PLATFORM. WE MAY HAVE FORMED PARTNERSHIPS OR ALLIANCES WITH SOME OF THESE THIRD PARTIES FROM TIME TO TIME IN ORDER TO FACILITATE THE PROVISION OF CERTAIN SERVICES TO YOU. HOWEVER, YOU ACKNOWLEDGE AND AGREE THAT AT NO TIME ARE WE MAKING ANY REPRESENTATION OR WARRANTY REGARDING ANY THIRD PARTY'S SERVICES NOR WILL WE BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY CONSEQUENCES OR CLAIMS ARISING FROM OR IN CONNECTION WITH SUCH THIRD PARTY INCLUDING, AND NOT LIMITED TO, ANY LIABILITY OR RESPONSIBILITY FOR, DEATH, INJURY OR IMPAIRMENT EXPERIENCED BY YOU OR ANY THIRD PARTY. YOU HEREBY DISCLAIM AND WAIVE ANY RIGHTS AND CLAIMS YOU MAY HAVE AGAINST US WITH RESPECT TO THIRD PARTY'S / MERCHANTS SERVICES.
WE ARE NOT RESPONSIBLE FOR THIRD PARTY SERVICES SO USE THEM AT YOUR OWN RISK. IF YOU USE THIRD PARTY SERVICES ON THE NAREDCO PLATFORM, YOU PERMIT US TO SEND YOUR DATA TO THOSE SERVICES. IF YOU USE THIRD PARTY SERVICES YOU AGREE THAT WE DO NOT PROVIDE A WARRANTY, SO GET ADVICE BEFOREHAND.
User agrees that neither Naredco nor its group organisations, directors, officers or employee shall be liable for any direct or/and indirect or/and incidental or/and special or/and consequential or/and exemplary damages, resulting from the use or/and the inability to use the service or/and for cost of procurement of substitute goods or/and services or resulting from any goods or/and data or/and information or/and services purchased or/and obtained or/and messages received or/and transactions entered into through or/and from the service or/and resulting from unauthorized access to or/and alteration of user's transmissions or/and data or/and arising from any other matter relating to the service, including but not limited to, damages for loss of profits or/and use or/and data or other intangible, even if Naredco has been advised of the possibility of such damages. User further agrees that Naredco shall not be liable for any damages arising from interruption, suspension or termination of service, including but not limited to direct and/or indirect and/or incidental or/and special consequential or/and exemplary damages, whether such interruption or/and suspension or/and termination was justified or not, negligent or intentional, inadvertent or advertent. User agrees that Naredco shall not be responsible or liable to user, or anyone, for the statements or conduct of any third party of the service. In sum, in no event shall Naredco's total liability to the User for all damages or/and losses or/and causes of action exceed the amount paid by the User to Naredco, if any, that is related to the cause of action.
Naredco takes no responsibility/liability whatsoever for shortage or non-fulfilment of the service/s on Naredco or any other related site due to or arising out of technical failure or/and malfunctioning or/and otherwise and the User hereby undertakes that in such situation/s, the User shall not claim any right/damages/ relief, etc. against Naredco for "Deficiency of service" under The Consumer Protection Act or any other Act/Rules, etc.
Naredco shall not be liable for any and all costs, charges, expenses, etc. incurred in relation to the downloading fees by third party, airtime, ISP connection costs, etc., of which are to be borne by the user personally.
Naredco shall not be responsible for any malfunctioning, non-functioning of the mobile phone or any other application, and or any damage, loss, either direct or indirect arising out of the use of the Housingforall mobile application on your mobile phone.
User hereby releases and indemnify, or at its option and settle any third party lawsuit or proceeding brought against Naredco based upon or otherwise any claim arising from the fact that the User Content, Site and/or User features infringe any copyright, trade secret or trademark of such third party and second, Naredco's use of any User Content, provided that such use complies with the requirements of the Agreement and third, the User's use of the Services in any manner inconsistent with or in breach of the Agreement; and/or fourth, any claim alleging facts that would constitute a breach of User's representations and warranties made in this Agreement. Any such claim/proceeding if made directly on the User shall promptly be communicated to Naredco by the User with all reasonable e information, assistance and cooperation in defending the lawsuit or proceeding. The User shall give Naredco full control and sole authority over the defence and settlement of such claim. The User may join in defence with counsel of its choice at its own expense subject to the approval of Naredco. The User unilaterally agree to indemnify and hold harmless, without objection, the Naredco, its officers, directors, employees and agents from and against any claims, actions and/or demands and/or liabilities and/or losses and/or damages whatsoever arising from or resulting from their use of Housingforall.com or their breach of the terms of this Agreement. Indemnification shall be provided for any claim which shall arise and shall be limited to payment by the e indemnifying party ("User") of all damages and costs finally awarded for such claim, or settlement costs approved in writing by the Indemnitor (Naredco)
Termination or expiration of this Agreement, in part or in whole, shall not limit either party from pursuing other remedies available to it, nor shall either party be relieved of its obligation to pay all fees that are due and owing under this Agreement through the effective date of termination. Neither party shall be liable to the other for any damages resulting solely from termination as permitted herein.
This Agreement shall constitute the complete and exclusive agreement between the parties with respect to the subject matter hereof, superseding any prior agreements, documents and or communications regarding such subject matter. This Agreement may only be modified, or/and any rights under it waived, by a written document executed by the Naredco only. The right to change vary or amend, however exclusively rests with the Naredco.
It is clarified that there is no agency or/and partnership or/and joint venture or/and employee-employer or/and franchiser-franchisee relationship between Naredco and any User of the Service.
The User agrees that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of the Service or the Terms & Conditions must be filed within 30 days after such claim or cause of action arose or be forever barred.
All information of whatsoever nature received from the user is in good faith and is bona fide. The information is believed to be true/ correct and complies with the laws of the land.
This Agreement and any dispute or matter arising from incidental use of Housingforall.com is governed by the laws of India and the User and Housingforall.com hereby submit to the exclusive jurisdiction of the courts at Delhi, India without regard to its conflict of law provisions.
It is our constant endeavour to make Housingforall.com an enjoyable and effective experience for all our users. If you observe material or behaviour that may violate one of the Housingforall Terms & Conditions, please write to us. This will go a long way in enhancing our service!
Housingforall.com respects the privacy of its users and is committed to its protection. Naredco through its various advertising campaigns collects information about the users. This information is voluntarily provided by the user and is collected in the database of Housingforall.com. The information so collected in the database through these campaigns refers to the property details, email address and names of the user. Housingforall.com uses third-party advertising companies to display/serve their ads on various other internet sites for reaching out to its prospective users/buyers/sellers. The data collected is for the exclusive use of Housingforall.com and Naredco reserves its right to allow access to its clients for the purposes of purchase and disposing of properties only, and any unauthorized use or sharing of information by any third party shall invite appropriate legal action by Naredco against the erring party, including indemnification for third party claims for damages.
Project developers or builders and Real Estate Agents, are required to comply with rules, regulations and guidelines of RERA Act 2016 and obtain necessary registration under the said Act. It is mandatory for Project developers or builders and Real Estate Agents to disclose on the Site, all material and requisite information as required under the Act. We do not guarantee that Project(s) and Real Estate Agents have registered under the Act or are compliant with the same. In no event will the Naredco be liable for any claim made by the Users including seeking any cancellation for any of the inaccuracies in the information provided in this Site.
It is recommended and advised to refer to respective RERA website(s) to see and obtain complete information with respect to any Project/Property (which is required to be registered under RERA Act 2016) developed, built by a Developer/ Builder and/or initiated /referred to by a Real Estate Agent, before making any Buy/Sell or any other decisions.
Housingforall makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability or suitability with respect to the information, services or related information provided by Developer/Builder/Real Estate Agent/Promoter on its Site with respect to any property or project.