Refund Policy
🗓️ Effective Date: 23/01/2025
Thank you for choosing PALACE BLOCKS for your real estate investments. We’re committed to providing a transparent, secure, and rewarding experience. Below is a clear overview of our investment and refund policies.
🧾 Investment & Fundraising Policy
- Once a fundraising campaign reaches its target:
- A Special Purpose Vehicle (SPV) is established as a Limited Liability Partnership (LLP).
- Investors receive SPV share certificates upon confirmation of their booking amount.
- Property maintenance and management agreements are executed through the SPV.
⚠️ Note: Once the fundraising target is met and the property transaction process begins, refunds will not be available.
💳 Booking & Cancellation Policy
- Full Refund of the booking amount if you cancel within 15 days of making the booking.
- If PALACE BLOCKS cancels a campaign before it reaches its goal, all invested funds will be refunded in full without deductions.
🚫 Failed Transactions & Partial Campaigns
- If a property deal is not finalized after successful fundraising due to unforeseen reasons:
- All funds will be fully refunded.
- You may reinvest the refunded amount with zero additional charges.
- In cases of partial fundraising due to market or other factors:
- We may proceed with the available funds and adjust the property acquisition strategy accordingly.
💰 Refund Process
- Refunds are processed within 5 business days.
- Refunds are made via the original payment method used for the investment.
- You will receive email notifications about the status of your refund using the email provided at registration.
📩 Need Assistance?
If you have questions or need help, please contact our support team at:
📧 support@palaceblocks.in
📌 Important Note
Our policies are subject to change. Please refer to our platform regularly for the latest updates.
By investing through PALACE BLOCKS, you agree to these terms.
We’re honored to be a part of your real estate investment journey!