1. Company and or its Affiliates (as the case may be) are only a facilitator on behalf of Developer/ Company (“Principal”) acquiring the Concerned Property (“Proposed Transaction”).
2. You are requested to confirm your willingness to participate in the Proposed Transaction by signing and sending us a copy of this EOI and a valid Demand Draft on or before the Confirmation Date. Please note that, if these steps are not completed by you before the Confirmation Date, the EOI will expire automatically after the Confirmation Date.
3. A letter of intent containing the terms and conditions for the Proposed Opportunity (“Letter of Intent”) will be sent to you by the Company or its Affiliates. The Letter of Intent will contain the broad terms of your investment in relation to the Proposed Opportunity. The Letter of Intent will also be accompanied by other required documents for your perusal.
4. The investment in relation to the Proposed Opportunity shall be contingent on receipt of such number of EOI confirmations as required for funding the Proposed Transaction.
In the event: (a) you fail to provide the Investment Amount for any reason whatsoever, or (b) fails to execute the documents in relation to the Proposed Opportunity, or (c) if the Principal is unable to raise the relevant funds for the Proposed Transaction, or (d) if the Company and/or its Affiliates or Principal rejects your Investment Amount due to concerns in your KYC report; then the Company will refund the entire Token Amount back to you without any deductions.
5. Once the Company refunds the Token Amount, as applicable, you agree that the Company, its Affiliates, and the Principal shall have no further liabilities towards you & you shall have no claim or right in the Principal or the Proposed Opportunity, Concerned Property or the Proposed Transaction.
6. Company is not the acquirer of the Concerned Property, and does not purport, through this communication, to offer any of our securities or to be collecting any monies on behalf of the Principal.
7. This EOI shall not be deemed as an offer to acquire any securities of any registered company under the Companies Act, 2013.
8. The Company, or its Affiliates does not control the Concerned Property or the Principal in any manner.
9. This EOI does not purport to or seek to call for any monies to be pooled or held with the Company and the Token Amount shall be held in an escrow account.
10. There will not be any deductions from your Token Amount under any circumstances and the Token Amount will not be reduced for any fees, penalties, or any other costs or expenses.
11. You confirm that the Token Amount and/or the Investment Amount provided to the Company or the Principal, will always be from Indian bank accounts/ non-resident ordinary account (in Indian Rupees) and not in foreign currencies.
12. You confirm that you will inform yourself of Proposed Opportunity and the terms related to it before the investment. You shall be solely responsible to comply in all material respects with all applicable anti-money laundering laws and regulations in making the proposed investment.
13. This EOI and the associated annexure shall be governed by the laws of India, and all disputes arising in connection with or out of this EOI, shall be submitted for arbitration before a sole arbitrator appointed by the Company or its Affiliates in accordance with the Arbitration and Conciliation Act, 1996. The seat of arbitration shall be Mumbai and the proceedings for such arbitration shall be carried out in English. The fee if any payable to the Arbitrator will be shared by Company or its Affiliates and you equally.
14. This EOI does not provide any guarantee that the Proposed Opportunity will be carried out and that the Investment Amount will be deployed in the Proposed Opportunity.
15. You agree that for any legal, technical or market reasons, if the Investment Amount is not called for from you, or if the Investment Amount is not deployed in the Proposed Opportunity, the only recourse you have against the Company and/or its Affiliates is to the extent of the Token Amount.
16. By virtue of this EOI, you are only expressing your interest to know more about the Proposed Opportunity. The Token Amount transferred along with the EOI is entirely refundable in the event you are not satisfied of the legal, ownership structure of the Proposed Opportunity or if your uncomfortable with the risk factors associated with the Proposed Opportunity.
17. While the Company endeavours to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the information, products, services, or related data contained in this EOI for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will we and/or any of our employees be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from your reliance on this brochure. Every effort has already been made to keep you informed of the risks associated and of the investment opportunity.
18. The Company is not responsible for any errors, omissions, or misrepresentations on any of the pages or on any platform with respect to the investment opportunity. Please verify the veracity of all information on your own before undertaking any alliance.
19. You confirm and understand that this Proposed Opportunity is not an offer or an invitation to offer for any securities or any shares of the Company/ its Affiliates or of the Principal. It is just an information pack on the Proposed Opportunity in the real estate industry currently available in the market. That the said deck is prepared by the experts or any of the directors, affiliates, associate companies, joint ventures, holding company, subsidiary company or any other company associated in any manner with the Company accept no liability whatsoever with regards to the contents of this EOI, or for the consequences of any actions taken on the basis of the information provided therein or for any loss or damage of any kind arising out of the use of this EOI.
20. Nothing in this EOI constitutes advice whether an investment, legal, accounting, valuation, or taxation advice, or a representation that this investment suits your specific needs in the given circumstances. That in no case you shall, based on the information provided in this EOI, substitute their independent judgment or rationality of thought. You further confirm that by virtue of this EOI, they are only expressing their interest by their own free will to know more about the opportunity and are in no way or in any manner induced or coerced by anybody including the Company.
21. You are further advised to exercise their independent judgment, evaluate their investment objectives, independently undertake their own due diligence, assess their risk-bearing capacity, obtain expert judgment or advice, and only after fully satisfying themselves; they may consider investing in this Proposed Opportunity.
22. You agree to consult with a qualified professional, prior to making any financial/ investment/legal decision of any kind. You understand that hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual results. No representation is being made that any cash flows will or is likely to achieve profits or losses similar to those shown in these simulations. We encourage all the parties interested in the Proposed Opportunity to refer this brochure as a resource only to further your own research on the Concerned Property and information presented herein. Nothing published on this site should be considered as a legal / investment / financial advice of any kind. Questions regarding this EOI should be addressed to [email protected].
23. For the purposes of this EOI, “Affiliates” shall mean, any entity Controlled, directly or indirectly, by the Company, any entity that Controls, directly or indirectly, that Person, or any entity under common Control with the Company and includes a holding or subsidiary company of the Company. “Control” herein shall mean (a) the possession, directly or indirectly, of a voting interest or shareholding/ ownership interest in excess of 50% (fifty per cent) in the Company; or (b) the power to (directly or indirectly) direct the management and policies of an entity whether through the ownership of voting capital, or the power to appoint the majority of directors on the board of directors or similar governing body of the Company, by contract or otherwise.
24. This document is provided for informational purposes only and does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the document's content as such. We do not endorse or recommend any particular investment product or strategy. Any investment decision you make should be based on your own thorough research and independent judgment. We are acting solely as a distributor appointed by the Company and are not responsible for evaluating the merits and risks associated with the investment. You should consult with your own advisors before making any investment decision.