Privacy Policy
1. Definitions
- Platform – Alakh Realty mobile application and website.
- User – Any Builder, Seller, Buyer, Broker, Agent, or Third Party who uses the Platform.
- Property Lister / Seller – Any Builder, Developer, or Individual who lists a property.
- Buyer – Any person searching for property through the Platform.
- Lead – Any inquiry/contact generated via Alakh Realty (marketing, message, call, reference, or visit by Alakh Realty representative).
2. Scope of Service
- The Platform provides property listing, visibility, and marketing support.
- Alakh Realty is not responsible for ownership disputes, approvals, or legal compliance of properties.
- Alakh Realty is not responsible for misrepresentation or fraud by Sellers/Builders.
- If a property is marked “Verified”, documents are checked at submission.
- If a property is not verified, responsibility lies solely with the Seller/Builder.
3. Registration & Listing
- Properties can be listed with Free or Paid Registration.
- Builder Registration Fee: ₹25,000 (subject to future revision as per market conditions).
- Sellers can list properties with free or paid plans.
- “Verified” tag is given only upon proper document submission.
4. Brokerage Policy
- Residential & Commercial Properties
- Buyer: No Brokerage.
- Seller/Builder: Minimum 2% brokerage (or higher, if agreed).
- Brokerage is payable if:
- Buyer visits property with Alakh Realty representative.
- Buyer contacts Seller via Alakh Realty (message, call, reference).
- Buyer sees property through Alakh Realty promotion.
- Deal closes with any connection traceable to Alakh Realty.
- Land / Jameen Deals
- Brokerage: 1% or more chargeable from both Buyer and Seller.
5. Marketing & Promotion Charges
- Builders: ₹25,000 (deductible from first brokerage).
- Other Sellers: ₹15,000 or above (deductible from first brokerage).
- Charges are non-refundable but adjustable against first brokerage if deal closes via Alakh Realty.
- Charges may be revised in future and updated on the Platform.
6. Payment Terms
- All brokerage payable immediately after deal closure.
- Brokerage liability arises once Buyer & Seller connect via Alakh Realty.
- Circumventing brokerage is a violation and may result in legal action.
7. Financial Transactions (Present & Future)
- Currently, Alakh Realty does not handle online payments or deposits.
- All payments are directly between Buyer and Seller.
- Future services may include payment facilitation without guarantee.
- Alakh Realty will not be liable for disputes except as per Indian law.
8. Geographic Scope & RERA Compliance
- Services available across India.
- Builders must provide valid RERA registration where applicable.
- Compliance is not guaranteed unless property is marked verified.
9. User Responsibilities
- Sellers must provide correct ownership and legal documents.
- Buyers must conduct due diligence.
- All disputes are solely between Buyer & Seller.
10. Limitation of Liability
- Alakh Realty is only a marketing intermediary.
- Maximum liability equals the marketing/registration fee paid.
11. Prohibited Use
- Posting fake or misleading properties.
- Illegal or fraudulent use.
- Brokerage circumvention.
12. Termination of Service
- Listings violating terms may be suspended or deleted.
13. Modification of Terms
- Terms may be updated anytime without prior notice.
- Continued usage implies acceptance.
14. Jurisdiction
- All disputes subject to Ahmedabad, Gujarat jurisdiction.
- Governed by laws of India.
Contact
Email: alakhrealty@gmail.com
Phone: +91 7433880909