Terms of Use
These terms of use ("Terms") constitute a legally binding agreement between
you and Magicbricks Realty Services Limited (the "Company") regarding your
use of the website www.magicbricks.com (the "Site") and any services offered
by the Company including but not limited to delivery of content via the
Site, any mobile or internet connected device or otherwise (the "the
Service").
Your use of the Site and services and tools are governed by the following
Terms as applicable to the Company including the applicable policies which
are incorporated herein by way of reference. By mere use of the Site, You
shall be contracting with Magicbricks Realty Services Limited, the owner of
the Platform. These terms and conditions including the policies constitute
Your binding obligations, with Magicbricks.
When You use any of the services provided by Us through the Platform,
including but not limited to, (e.g. Product Reviews, Seller Reviews), You
will be subject to the rules, guidelines, policies, terms, and conditions
applicable to such service, and they shall be deemed to be incorporated into
this Terms and shall be considered as part and parcel of this Terms.
- Defined Terms:
Unless otherwise specified, the capitalized words shall have the meanings as
defined herein below:
- "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 New Delhi.
- "Company": is defined as Magicbricks Realty Services Limited ("the
Company")
an existing Company under the Companies Act, 1956 and having its corporate
office at Times Centre (Digital Content Production Facility), FC - 6, (Third
Floor), Sector 16 A, Film City, NOIDA - 201301 U.P., along with its unit for
the Company's website shareshell.in.
-"Date of Commencement" is the date indicating the acceptance of the
application by the User to the service. It shall be specified by the Company
in its notice to You either through e-mail or conventional mail.
- "Date of Termination" is the date of expiry mentioned in the notice or/and
the letter of termination.
-"shareshell.in" is defined as the internet website of the Company at
www.shareshell.in
- "My Subscriptions" contains time to time information and description of
the
Services for the User provided by the Company in writing or contained in the
website www.shareshell.in.
- "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.
- "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 of the Company for the
purpose of hosting, publishing, sharing, transacting, displaying or
uploading information or views and includes other persons jointly
participating in using the Site of the Company.
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.
II. Term:
- Term:
These Terms shall continue to form a valid and binding contract between the
Parties, and shall continue to be in full force and effect until the User
continues to access and use the Site.
- Services:
Company provides a number of internet-based services through its
platform and shall include:
- Posting User profile or listing for the purpose of sale/rental of
property, and related property services etc.
- Find a property through shareshell.in and its internet links
- Place a print advertisement in any of the group publications through the
shareshell.in site.
- Post advertisements on shareshell.in.
- Send advertisements and promotional messages through emails and messages
- Eligibility:
You hereby represent and warrant to the Company 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.
- PG Listing and PG Platform:
- Shareshell Realty Services Limited ("the Company") shall shortly launch
a new Platform ("PG Platform") w.r.t. PG listings only.
- The User is hereby informed that for all the packages bought prior to
December 01, 2019, an option shall be made available to convert balance
of the existing listing package, in part or full, to be able to
advertise on new PG Platform. Any conversion of the existing package to
avail new PG Platform services shall be irreversible and cannot be
altered.
- That the package bought from MB after December 02, 2019 can be used to
post regular as well as PG listings on the current Magicbricks Platform
only till the launch of the new PG platform. In this case, however, if
the User has any portion remaining of his/her/its package, User can use
it only in the current Magicbricks platform for listings other than PG.
If the User is an agent & deals in PG, the Company recommends, User to
buy a separate PG listing package which will be announced shortly.
- That all PG listings will be visible on the current platform. However,
post launch of PG Platform, these listings would be migrated to the new
platform and shall be visible till the expiry duration of the listings.
- That the User, who buys a separate PG pack, hereby agrees that in order
to improve genuine listings and have authorised Sellers, the Company
mandates the agent(s) posting listings against specific PGs to obtain
NOC from the PG owners or Operators.
- PG owners or Operators shall be required to complete KYC as per
Magicbricks policy.
- Subscription Fees
- The applicable rate of the Subscription Fees for the Service provided
shall be such as mentioned in the "My Subscriptions" page or as may be
prescribed by the Company from time to time.
- Liability for the Subscription Fees shall accrue from the Date of
Commencement.
- All individual Users who access or make posting of information on the
Site for the purpose of buying property shall be exempted from the
application of this clause.
- Payment & Refund clause
- For all services bought, 50% of the order amount would be towards the
activation/administration fees & the rest 50% would be refunded on
pro-rata basis, considering the usages of the services. Customer agrees
that the refund process would take at least 21 days after the complete
documentation has been received by the Finance team for processing such
refund.
- Where Subscription Fees accrues it shall be payable at or within such
time as stated in the invoice(s) issued by the Company to the User.
- The Subscription Fees shall be paid by the User on demand. In case the
user disputes the same for any reason whatsoever, he shall make the
payment towards the Subscription Fees accrued subject to the decision of
the Company on the dispute. In the event of Company's deciding the
dispute in the User's favour, the Company shall refund to the User any
excess amount paid by the User free of interest.
- Any delay in the payment by the User of any sums due under this
Agreement, the Company shall have the right to charge interest on the
outstanding amount from the date the payment became due until the date
of final payment by the User.
- Payments made to the Company through IOS app shall not be refundable
under any circumstances, including but not limited to the termination of
this Agreement for whatever reason.
Owners Services:
-
The Owners Service once subscribed shall be non-refundable, however,
Company may refund the amount in the event a property is not linked
with the package so bought. In such an event 50% of the order amount
would be towards the activation/administration fees and shall be
forfeited & the rest 50% would be refunded on pro-rata basis.
- If it is brought to the notice of the Company that the User is not
the Owner of the property, instead is a Builder/Agent, in such an
event the listing would be deactivated without any notification and
the amount paid shall be forfeited.
- Charge Back Policy
- Payment for the services offered shall be on 100% advance basis.
- Payment for service once subscribed to by the subscriber, is not
refundable and any amount paid shall stand appropriated.
- Refund if any will be at the sole discretion of the Company only.
- User acknowledges and agrees that the Company 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 by a
subscriber/user, against any amount(s) payable by user to the Company
under any other agreement or commercial relationship towards other
products/services.
- The Company offers no guarantees whatsoever for the accuracy or
timeliness of the refunds reaching the Subscribers card/bank accounts.
This is on account of the multiplicity of organizations involved in
processing of online transactions, the problems with Internet
infrastructure currently available and working days/holidays of
financial institutions.
- Cancellation
- Company shall reserve the exclusive right to cancel any content
whatsoever from being published or reflected on its website or in any
other mode. The cancellation charges payable to the User shall be at the
applicable rates laid down in the cancellation and refund policy.
- For Platinum listing packages, there shall be no cancellation or refund
of orders booked/payments made via online payment options (except in the
case of Cheque & Demand Draft). Cancellations requests for orders placed
via cheque/demand draft can be made only before such payment is realized
by the Company.
- SECURITY
- Transactions on the Site are secure and protected. Any information entered by the User when transacting on the Site is encrypted to protect the User against unintentional disclosure to third parties. The User's credit and debit card information is not received, stored by or retained by the Company / Site in any manner. This information is supplied by the User directly to the relevant payment gateway which 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.
- 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.
- It is agreed by the User that he acquires no rights to any mailbox number or/and the User identification or/and circuit reference or/and any codes assigned to him by the Company. The User further agrees that except as otherwise proved herein, the Company reserves the right to change or/and re-assign the same to the User, at its sole discretion without being liable to the User for any kind of damages or/and relief or/and any other consequence/s.
- In the event of theft or/and loss of User identification or/and password or/and security word, the User shall notify the Company immediately via telephone or/and concurrently in person provide the Company with 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 Company.
- 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 Company to him.
- The User shall not use any software to automatically download or/and extract either a complete or/and partial listing from Magicbricks.com database without prior consent from Magicbricks in writing.
- Obligations and Representations of User/Subscriber
- 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 the Company.
- 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 the Company 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 Company 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 the Company 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 Company towards the Subscription 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.
- User hereby declares that he/it is fully aware that the online advertisements placed with Magicbricks.com shall be reflected after 48 hours and agrees to the stipulated 48 hours processing.
- The User agrees that any data entered into herein can and shall be saved, used and commercially exploited by Magicbricks Realty Services Limited as deemed fit by them.
- The User shall give out to the Company 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 Magicbricks.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 Magicbricks.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 Magicbricks Realty Services Limited 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). The Company 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 Magicbricks Realty Services Limited 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.