1. Acceptance of terms
These Terms & Conditions ("Terms") are an agreement between you and GetEqt Private Limited ("GetEqt", "we", "us"), which runs the GetEqt website and mobile app (the "Platform"). By creating an account or using the Platform, you agree to these Terms, our Privacy Policy and our Refund & Cancellation Policy.
2. Eligibility
- You must be at least 18 years old and legally able to enter into a contract under Indian law.
- You must be a resident of India with a valid Aadhaar, PAN and an Indian bank account in your own name.
- You may hold only one account.
3. Your account and KYC
- You log in with your mobile number and a one-time password (OTP). Keep your phone and OTPs safe and do not share them.
- Before investing, you must complete KYC: Aadhaar and PAN verification through DigiLocker, and your address.
- All information you give must be true, complete and your own. We may suspend accounts with false or mismatched details.
- You are responsible for all activity on your account.
4. What you are investing in
Each property on the Platform is divided into small units measured in square feet ("equity"). When you invest, you buy a fractional share of that property in proportion to your investment, on the terms set out in the ownership agreement for that property. You may earn from rental income and from any rise in the property's value, as described on the property page and in the agreement.
Projected returns shown on the Platform are estimates, not promises. Actual returns may be higher or lower, or there may be a loss.
5. Risks
- Property prices and rental income can go down as well as up.
- Your share is not as easy to sell as a stock. Selling depends on demand and may take time.
- Changes in law, taxes or the local market can affect returns.
- Past performance does not guarantee future results. Please invest only money you can afford to keep invested for the long term, and seek independent advice if needed.
6. Buying a share
- Each property has a minimum and maximum investment amount, shown in INR on the property page.
- Online payment: you pay through our payment partner, Cashfree Payments, using UPI, debit/credit card or net banking. Your purchase is confirmed automatically once the payment succeeds. If the payment is not completed within the time shown (usually 30 minutes), the order expires and the purchase is cancelled.
- Bank transfer: where offered, you transfer the amount to our listed bank account and upload the transaction details. These purchases are confirmed after our team verifies the payment.
- Your share is reserved for you while your payment is pending.
- After your purchase is confirmed, you will be asked to sign the ownership agreement digitally.
- We may refuse or cancel a purchase if the property is fully sold, if KYC details do not match, or if we suspect fraud. Any amount paid is then refunded as per our Refund Policy.
7. Prices, fees and taxes
- All prices and payments are in Indian Rupees (INR).
- A platform fee of 1% of the investment amount is added on top of your investment. The exact fee and total payable are shown before you pay.
- Applicable taxes (such as GST, TDS or capital gains tax) are your responsibility unless stated otherwise.
- Fees may change in the future. Changes will not apply to purchases already made.
8. Wallet
- Your GetEqt wallet may hold cashback, refunds, sale proceeds and other credits.
- You can use your wallet balance to pay part of a purchase. The wallet amount is deducted when you place the order and refunded to your wallet if the purchase is cancelled or not completed.
- Wallet balance is not a bank deposit and does not earn interest.
9. SIP investments
You may choose a SIP (systematic) investment in a property. Each SIP instalment is a separate purchase and follows these Terms. You can stop future instalments at any time.
10. Selling your share
You can request to sell your share through the Platform. The sale price and timeline depend on the property's current price and demand. Sale proceeds are credited after the sale is completed and approved.
11. Nominee
You can add a nominee in the app. In case of your death, your holdings will be transferred to your nominee or legal heirs after the required documents are verified.
12. Prohibited use
- Using someone else's identity, documents, bank account or payment method.
- Money laundering, fraud or any illegal activity.
- Trying to hack, overload, copy or misuse the Platform or its data.
- Creating multiple accounts or misusing referral codes and offers.
13. Intellectual property
The GetEqt name, logo, content and software belong to GetEqt Private Limited. You may not copy or use them without our written permission.
14. Limitation of liability
We work hard to keep the Platform accurate and available, but it is provided "as is". To the extent allowed by law, we are not liable for indirect or consequential losses, for losses caused by market changes, or for delays or failures caused by banks, payment gateways, DigiLocker or other third parties. Our total liability for any claim is limited to the platform fee you paid for the purchase in question.
15. Suspension and termination
We may suspend or close your account if you break these Terms or the law. You can delete your account from the app at any time. Closing an account does not cancel confirmed investments. Please sell your holdings and withdraw your wallet balance before deleting your account.
16. Governing law and disputes
These Terms are governed by the laws of India. Please contact us first so we can try to resolve any issue. If it is not resolved, courts at Gurgaon 122016, Haryana, India will have exclusive jurisdiction.
17. Contact
GetEqt Private Limited
First Floor, Enkay Tower, Plot No. B&B1, Vanijya Nikunj, Udyog Vihar Phase-V, Gurgaon 122016, Haryana, India
Email: geteqt@gmail.com ยท Phone: +91 84483 33036