Disclaimer & Terms of Use

1 General Information

PropTechIndia.in ("Website") is an independent digital information platform that publishes details of properties offered for sale through bank e-auctions, financial institutions, asset reconstruction companies (ARCs), and statutory authorities.

All information displayed on this Website is sourced from publicly available records, including but not limited to newspaper publications, official bank websites, e-auction portals, and statutory notices issued under applicable Indian laws such as the SARFAESI Act, 2002, Insolvency and Bankruptcy Code, 2016, Recovery of Debts laws, and allied rules.

2 No Authority / No Agency

PropTechIndia.in is not:

• The auctioning authority
• The selling bank or secured creditor
• The borrower, guarantor, or owner of the property
• A broker, agent, recovery agent, or representative of any bank or bidder

3 Informational Purpose Only

All listings and information published on this Website are provided strictly for informational purposes only.

Nothing contained on this Website constitutes:

• An offer to sell or solicitation to purchase any property
• Legal, financial, or investment advice
• A recommendation to participate in any auction

4 No Verification / No Warranty

PropTechIndia.in does not independently verify and makes no representation or warranty, express or implied, regarding:

• Title, ownership, or encumbrances
• Physical or symbolic possession
• Pending litigation, stays, or disputes
• Accuracy of reserve price, auction date, or terms
• Outstanding statutory, municipal, or other dues

5 Borrower & Defamation Disclaimer

Publication of auction-related information on this Website:

• Is based solely on statutory public notices issued by banks or authorities
• Does not amount to defamation, coercion, or harassment of any borrower or guarantor
• Does not reflect any opinion, allegation, or commentary by PropTechIndia.in

The Website merely reproduces or disseminates information already available in the public domain.

6 Limitation of Liability

PropTechIndia.in shall not be liable for any direct, indirect, incidental, consequential, or special loss or damage arising out of or in connection with:

• Reliance on information published on the Website
• Cancellation, postponement, or modification of auctions
• Errors, omissions, or inaccuracies in source publications
• Disputes between banks, borrowers, bidders, or third parties

7 Third-Party Content & Trademarks

All trademarks, logos, names, and identifiers of banks, financial institutions, or authorities belong to their respective owners.

Their use on this Website is for identification and informational purposes only and does not imply endorsement, authorization, or affiliation.

8 Correction / Takedown Policy

If any listing is:

• Cancelled
• Subject to a court stay or injunction
• Incorrect or outdated

Concerned parties may request correction or removal by writing to [your official email ID] along with supporting documentary proof.

PropTechIndia.in reserves the right to review and act upon such requests within a reasonable time.

9 Intermediary Status

PropTechIndia.in operates as an intermediary under the Information Technology Act, 2000 and claims protection under Section 79 thereof. The Website does not initiate, modify, or select the content but merely hosts information sourced from public records.

10 Jurisdiction

This Website is operated from India. Any dispute arising out of or in connection with the use of this Website shall be subject to the exclusive jurisdiction of courts at [Nagpur / Mumbai – choose one], India.

1 Nature of Website

PropTechIndia.in is an independent online information platform that publishes details of properties offered for sale through bank e-auctions, financial institutions, asset reconstruction companies (ARCs), and statutory authorities, based on publicly available sources.

The Website does not conduct auctions, facilitate bidding, negotiate sales, verify property details, or act as a broker, agent, or representative of any bank, bidder, borrower, or third party.

2 Informational Use Only

All content on this Website is provided solely for informational purposes.

Nothing on this Website shall be construed as:

• An offer, invitation, or solicitation to buy or sell any property
• Legal, financial, or investment advice
• A guarantee of title, possession, or auction outcome

Users must independently verify all information with the concerned bank or authority and conduct appropriate legal and technical due diligence.

3 Source of Information

Information displayed on the Website is sourced from public records, including newspapers, bank websites, official e-auction portals, and statutory publications.

While reasonable care is taken to reproduce information accurately, we do not guarantee completeness, accuracy, or timeliness of any listing.

4 No Verification or Warranty

PropTechIndia.in does not verify and expressly disclaims any responsibility regarding:

• Ownership, title, or encumbrances
• Physical or symbolic possession
• Pending litigation, stays, or disputes
• Auction schedules, reserve prices, or terms
• Outstanding dues or statutory liabilities

5 User Responsibilities

Users agree:

• Not to rely solely on Website information for auction participation
• To verify details directly with banks or authorities
• To use the Website only for lawful purposes
• Not to copy, modify, misrepresent, or misuse published information

6 Borrower-Related Content

Auction listings reflect statutory recovery actions already placed in the public domain by banks or authorities.

The Website does not express any opinion, allegation, or commentary regarding borrowers, guarantors, or property owners.

Use of such information does not amount to defamation, coercion, or harassment by PropTechIndia.in.

7 Third-Party Content & Trademarks

All trademarks, logos, names, and identifiers of banks, financial institutions, or authorities are the property of their respective owners and are used solely for identification purposes.

Their presence on the Website does not imply endorsement, authorization, or affiliation.

8 Correction / Takedown Requests

If any content is:

• Inaccurate
• Cancelled
• Subject to a court stay or injunction

Concerned parties may submit a written request to [your official email ID] along with supporting documentary proof.

PropTechIndia.in reserves the right to remove, modify, or retain content at its sole discretion after review.

9 Limitation of Liability

To the maximum extent permitted by law, PropTechIndia.in shall not be liable for any loss, damage, or expense arising out of:

• Use of or reliance on Website content
• Auction cancellation or modification
• Errors or omissions in public source materials
• Disputes between users and banks, borrowers, or third parties

10 Indemnity

Users agree to indemnify and hold harmless PropTechIndia.in from and against any claims, losses, liabilities, damages, costs, or expenses arising from:

• Misuse of the Website
• Violation of these Terms
• Reliance on Website content without independent verification

11 Intermediary Status

PropTechIndia.in functions as an intermediary under the Information Technology Act, 2000 and claims protection under Section 79 thereof.

The Website does not initiate, modify, or control the content sourced from public records.

12 Right to Modify or Discontinue

PropTechIndia.in reserves the right to:

• Modify or update these Terms at any time
• Change or discontinue Website content or services without notice

Continued use of the Website constitutes acceptance of updated Terms.

13 Governing Law & Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of India.

Any dispute arising out of or in connection with the use of this Website shall be subject to the exclusive jurisdiction of courts at [Nagpur / Mumbai – choose one], India.

14 Contact Information

For any queries, corrections, or takedown requests, please contact: