Thank you for visiting the website of SQRE Partners LLP.
These terms of use (“Terms”) mandate the terms on which the users (“You” or “Your” or “Yourself” or “User”) access and register on the website www.sqre.in and its mobile application operated by SQRE Partners LLP (“Company”), collectively referred to as (“Platform”).
1.1 The Company through the Platform displays opportunities for individual and institutional investors to invest in and earn long terms gains, periodic short-term revenue and certain community benefits from curated real estate assets (“Property” or “Properties”).
1.2 These Terms are an electronic record in terms of the Information Technology Act, 2000 and rules made thereunder (as applicable) that are generated by a computer system and do not require any physical, electronic, or digital signatures.
1.3 Please read these Terms of Use (“Terms”) and the Privacy Policy https://sqre.in/policy/privacy-policy?42 carefully before using or registering on the Platform or accessing any material, information, etc., through the Platform. By clicking on the 'I Accept' button provided at the signup page, You accept these Terms and the Privacy Policy and agree to be legally bound by the same and You shall not claim invalidity of these Terms merely on the grounds that it is being concluded electronically.
1.4 For the aforesaid purposes, Your affirmative action in clicking on 'check box' and on the 'I Accept' button while registering or transacting as a User (including availing any Services (as defined below) offered on the Platform) implies Your acceptance of the Terms. Your use of the Platform implies that You agree with the Terms. You hereby further agree that the Terms are being concluded and executed electronically.
1.5 If You do not agree or are not willing to be bound by the Terms and / or any rules and policies as displayed on the Platform, please do not click on the 'I Accept' button and do not seek to obtain access to Services (as defined below) provided on the Platform or otherwise use the Platform in any manner.
1.6 The Company retains an unconditional right to modify or amend the terms and conditions of the Terms and the Privacy Policy without notifying the same to You. You can determine when the Terms were last modified by referring to the “Last Updated” legend above. It shall be Your responsibility to check the Terms periodically for changes. Your acceptance of the Terms shall signify Your consent to any changes made to the Terms from time to time and accordingly to be legally bound by the same. Further, by furnishing Your Personal Information (defined in the Privacy Policy) to the Company or giving Your consent to the Company to access Your Personal Information for the purpose of rendering the Services, You also agree that You are interested in availing the Services through the Platform in accordance with the terms and conditions of the Terms.
1.7 The Platform displays various investment opportunities ("Investment Opportunities") facilitated by our partner entities and such displaying of various investment opportunities facilitated by our partner entities is termed as “Services”. If You decide to proceed with an Investment Opportunity presented on the Platform, You are required to choose an Investment Opportunity of your choice from those listed on the Platform, determine the amount of money you wish to invest (“Investment Amount”), e-sign a binding Expression of Interest form (“EOI”) that is issued by You to the Company for acceptance and transfer a fee (“Earnest Money”) in lieu of the Services to a bank account, details of which will be separately communicated to You.
1.8 By signing the EOI, You agree to deposit the Earnest Money. Payment of the Earnest Money does not guarantee acceptance of Your contribution, as the Platform accepts EOIs and the Earnest Money only on a first-come-first-serve-basis.
1.9 Upon execution of the EOI and payment of Earnest Money, if You are selected to invest in an Investment Opportunity towards which you have expressed your interest, We will notify You. If You are selected, You will be provided with definitive agreements in connection with the Investment Opportunity by our relevant partner entity.
1.10 After having executed the EOI, if You wish not to continue with the opportunity for whatever reason, You will be charged a cancellation fee equivalent to 100% (One Hundred Percent) of the Earnest Money for such cancellation and accordingly the Company shall have the right to withhold your Earnest Money and such amounts shall stand forfeited.
1.11 We accept the Earnest Money on a first-come-first-serve-basis and on validation of KYC. In an unlikely scenario, if for any reason whatsoever, an Investment Opportunity presented on the Platform is not fully funded or not funded to the extent of the ‘minimum amount’ designated by our partner entities for the relevant Investment Opportunity, or the transaction is not completed due to any other issues pertaining to us or our partner entities, Your Earnest Money shall be transferred back to You at the earliest to the bank account mentioned in the copy of the cancelled cheque shared by You, without any interest or any other penalty.
1.12 We will notify You if You are selected to invest in Investment Opportunity or not. If You are selected, the relevant partner entity will share all the Investment Documents and any other documents that need to be executed by You. You are then required to execute the Investment Documents within seven (7) days from the date of receipt of such notice, or as extended by the relevant partner entity.
1.13 The use and access to the Platform is available to all resident Indian persons or a qualified institutional investor registered in India as per applicable laws, who can be legally bound by contract and who are not disqualified or declared incompetent under the Indian Contract Act, 1872. You hereby represent that You are legally qualified to enter a binding contract, are not a person barred from receiving Services from the Platform under the applicable laws or by a regulatory authority, are a resident Indian or a qualified institutional investor registered in India as per the Indian foreign exchange and tax laws.
1.14 The Company maintains the right to provide Services to only those Users who are - (a) competent to enter into legally binding contracts, (b) have made the representations as provided above, (c) qualify under the internal policy(ies) for the same determined solely by Us from time to time. We shall have the sole right to change, modify, add, or remove, in whole or in part, internal policy(ies), in relation to the provision of the Services at any time by providing prior written notice or intimation to the Users.
1.15 You shall not have more than one active User Account (defined below) on the Platform. Additionally, You are prohibited from selling, trading, or otherwise transferring Your User Account or impersonating any other person for the purpose of creating a User Account on the Platform.
1.16 The Company governs Your access and use of the Platform, which includes any images, text, illustrations, designs, icons, photographs, programs, music clips, downloads, systems, methods of investing and methods of trading, video clips, graphics, user interfaces, visual interfaces, information, data, tools, products, written materials, services and other content, including but not limited to the design, structure, selection, coordination, expression and arrangement of the content available on or through the Platform.
1.17 No contributions made by You in respect of any Investment Opportunity displayed on the Platform ensures you return in any form or fully preserve the amount invested by You. With any Investment Opportunity, there is a risk that You may not earn any return. The projections and the forward-looking statements provided on the Platform in connection with any Investment Opportunity, only indicates projected and expected returns which may vary depending on the performance of the underlying asset.
1.18 The information available on the Platform is in summary form for convenience of presentation and under no circumstances should the information be used or considered as an offer to sell or the invitation or solicitation of an offer to buy any service offered by the Company. No such offer or invitation or solicitation will be made prior to the delivery of definitive documentation relating to the specific Services being offered. Before making a decision on any investment, You are advised to carefully read the related Investment Documents and any other details shared by the Company and/or our partner entities.
1.19 Further, the Company does not give or offer any business advice, investment advice, tax or legal advice to the Users of the Platform, accordingly, You are advised to consult with Your tax, legal and financial advisors with respect to any investment on the Platform.
1.20 Participation in the Investment Opportunity is subject to the Terms and the Privacy Policy. Nothing contained herein shall be construed to mean a public offer or an invitation to make an offer to anyone for investing in any of the Investment Opportunity listed or to purchase or sell securities or a solicitation of any securities transaction or a public offer on the Platform. An offer shall only be considered to be made to such persons to whom the Investment Documents has been provided on a private interaction basis. Any Investment Opportunity listed herein should not constitute a public offer to, or invitation to any person to make an offer to, make an investment in the opportunities or as a solicitation for investments. The Company and the Platform expressly disclaims any obligation to release publicly any updates or revisions to any statement contained in this Terms and assumes no liability or responsibility. No communication made on the Platform or through any other medium, should be construed or is intended to be a recommendation to purchase, sell or hold any securities or otherwise to be investment, tax, financial, accounting, legal, regulatory or compliance advice. Investing in the opportunities requires long-term commitments, the ability to afford to lose the entire investment, and low liquidity needs.
1.21 The information provided herein does not take into account the specific objectives or circumstances of You or any particular investor or suggest any specific course of action. There can be no assurance that the opportunities will achieve the objectives or avoid substantial losses. Past performance is no guarantee of future results. The Company or the Platform make no representations or warranties as to the accuracy or completeness of any investment related information contained herein and accept no liability therefor. You may find articles or information from third-party media outside of this Platform which may discuss or relate to information contained herein, but the Platform or the Company does not approve and is not responsible for such content. Hyperlinks to third-party sites, or reproduction of third-party articles, do not constitute an approval or endorsement by the Company of any content. The research, forecasts, investment outcomes and other information provided on the Platform are indicative in nature and determined based on assumptions, hypothetical calculations, financial estimates and estimated returns which may fluctuate from time to time depending on business strategies, changes to the Indian economy, market volatility, force majeure events, and any other factors that may be beyond the control. Hence, these should not be construed as a statement of assurance of secured investments or guaranteed returns. Therefore, You must carefully evaluate the investment opportunity, including the complete set of risk factors before investing in any Investment Opportunities listed on the Platform. Before investing in any Investment Opportunities, You should: (i) conduct Your own investigation and analysis; (ii) carefully consider the Investment Opportunity and all related charges, expenses, uncertainties and risks; and (iii) consult with Your own investment, tax, financial and legal advisors.
1.22 The Platform and other third party contents are provided by the Company on an “as is” basis without warranty of any kind, express, implied, statutory, or otherwise, including the implied warranties of title, non-infringement, merchantability, or fitness for a particular purpose. Without limiting the foregoing, the Company makes no warranty that (i) the Platform or Services will meet Your requirements, or Your use of the Platform will be uninterrupted, timely, secure or error-free; (ii) the results that may be obtained from the use of the Platform will be effective, accurate or reliable; and (iii) any errors or defects in the Platform will be corrected. No advice or information, whether oral or written, obtained by You from the Company shall create any warranty if not expressly stated in the Terms.
1.23 The Company will have no liability related to any content arising under intellectual property rights, libel, privacy, publicity, obscenity, or other laws. The company also disclaims all liability with respect to the misuse, loss, modification, or unavailability of any content.
1.24 The Company will not be liable for any loss that You may incur because of unauthorized use of user account or account information in connection with the Platform either with or without Your knowledge.
1.25 The Company shall not be responsible for the delay or inability to use the Platform or related functionalities, the provision of or failure to provide functionalities, or for any information, software, functionalities and related graphics obtained through the Platform, or otherwise arising out of the use of the Platform, whether based on contract, tort, negligence, strict liability or otherwise.
1.26 These Terms are intended for Users within the territory of India and govern Your rights as per applicable law within the territory of India. However, in the event You fall under a jurisdiction outside the purview of Indian law, the Company will not be liable for any claim, action and/or right initiated/exercised by You as per the extant laws of that area. Therefore, the Company requests You to kindly use the Platform accordingly.
1.27 Indemnity
(a) You agree to indemnify, defend and hold harmless the Company, and its affiliates including but not limited to its (and its affiliates') officers, directors, consultants, agents, representatives and employees (“Indemnitees”) from and against any and all losses, liabilities, claims, damages, demands, costs and expenses (including reasonable legal fees) asserted against or incurred by the Indemnitees that arise out of, result from, or may be payable by virtue of, any breach or non-performance of any representation, warranty, covenant or agreement made or obligation to be performed by You pursuant to these Terms and/or the Privacy Policy. Further, You agree to hold the Indemnitees harmless against any claims made by any third party due to, or arising out of, or in connection with, Your use of the Platform, any misrepresentation with respect to the data or information provided by You, Your violation of the Terms and/or the Privacy Policy, Your violation of applicable laws, or Your violation of any rights of another, including any intellectual property rights.
(b) In no event shall the Company and its officers, partners, consultants, agents and employees, be liable to You or any third party for any special, incidental, indirect, consequential or punitive damages whatsoever, arising out of or in connection with Your use of or access to the Platform or content on the Platform including but not limited to lost profits, trading losses, unauthorized access, systems failure, internet failure or damages that result from use of the Platform.
(c) The limitations and exclusions in this Section 1.27 apply to the maximum extent permitted by applicable laws.
1.28 You agree that any violation by You of these Terms will constitute an unlawful and unfair business practice, and will cause irreparable harm to the Company, for which monetary damages would be inadequate, and You consent to the Company obtaining any injunctive or equitable relief that they deem necessary or appropriate in such circumstances. These remedies are in addition to any other remedies that the Company may have at law or in equity.
1.29 Suspension and Termination
(a) These Terms will continue to apply until terminated by either You or the Company as set forth below. If You object to the Terms or are dissatisfied with the Platform, Your only recourse is to (i) close Your user account on the Platform; and/or (ii) stop accessing the Platform.
(b) The Company may delist You or block Your future access to the Platform or suspend or terminate Your account if it believes, in its sole and absolute discretion that You have infringed, breached, violated, abused, or unethically manipulated or exploited any term of these Terms or the Privacy Policy or anyway otherwise acted unethically. Notwithstanding anything in this clause, these Terms will survive indefinitely unless and until the Company chooses to terminate them.
(c) If You or the Company terminate Your use of the Platform, the Company may delete any Content or other materials relating to You and the Company shall have no liability to You or any third party for doing so. However, Your transactions details may be preserved by the Company for purposes of tax or regulatory compliance.
1.30 Governing Law and Jurisdiction
These Terms shall be governed by and constructed in accordance with the laws of India without reference to conflict of laws principles and disputes arising in relation hereto shall be subject to the exclusive jurisdiction of courts at Bangalore, Karnataka, India.
1.31 Report Abuse
In the event You come across any abuse or violation of these Terms or if You become aware of any objectionable content on the Platform, please report the same to the e-mail id reportabuse@sqre.in
1.32 Communications
You hereby expressly agree to receive communications by way of calls (including using pre-recorded messages or artificial voice), SMS, emails ad/or WhatsApp from the Company and notification from Company website or mobile application and similarly other third parties duly authorized by the Company. You certify, warrant and represent that the telephone numbers and/or email addresses and any other information that You have provided to Us are Your own and are true, accurate, current and complete. You agree to notify Us whenever You stop using a particular telephone number(s) and/or email address(es). You can unsubscribe or opt-out from receiving communications through calls, SMS, e-mail, and WhatsApp anytime by writing to Us at unsubscribe@sqre.in in which case, the Company will only send You communications solely required for the purposes of the Services provided through the Platform.
1.33 Grievance Redressal Mechanism
(a) Grievance Handling: If You have any grievances, or complaints or concerns with respect to the Platform, the Company's content, or the Services, You can contact the designated Grievance Officer of the Company at grievance@sqre.in
(b) By lodging a complaint or grievance, You agree to provide complete support to the Grievance Officer and such reasonable information as may be sought by them from You.
1.34 General Provisions
(a) All Services on the Platform are provided to You on a principal-to-principal basis between You and the Company. Nothing herein is intended to nor be construed to constitute the relationship of a principal and agent, employer and employee, partners, joint venture, co-owners or otherwise as participants in a joint undertaking or representative of the other for any purpose whatsoever.
(b) Notice: All notices from the Company will be served by email to Your registered email address or by general notification on the Platform.
(c) Assignment: You cannot assign or otherwise transfer these Terms, or any rights granted hereunder to any third party. The Company’s rights under the Terms are freely transferable by the Company to any third party without the requirement of seeking Your consent.
(d) Severability: If, for any reason, a court of competent jurisdiction finds any provision of the Terms, or any portion thereof, to be unenforceable, that provision shall be enforced to the maximum extent permissible to give effect to the intent of the parties as reflected by that provision, and the remainder of the Terms shall continue in full force and effect.
(e) Waiver: Any failure by the Company to enforce or exercise any provision of the Terms, or any related right, shall not constitute a waiver by the Company of that provision or right.