FAQs
General
What is PALACE BLOCKS and how does it work?
+PALACE BLOCKS is a platform for fractional ownership of premium hotels and resorts, enabling affordable investments and shared ownership benefits.
What is fractional ownership?
+Fractional ownership allows multiple investors to co-own a property, sharing its costs and benefits proportionally.
How is fractional ownership better than traditional property investments?
+Fractional ownership reduces investment costs and risks while offering access to high-value properties and steady returns.
Why should I invest in fractional real estate?
+It offers steady returns, exclusive benefits like annual stays, capital appreciation, and a hassle-free ownership experience.
Who can invest in PALACE BLOCKS properties?
+Both Indian citizens and NRIs who meet the legal investment requirements can invest.
How can NRIs invest with PALACE BLOCKS?
+NRIs can invest by providing required KYC documents and transferring funds through appropriate banking channels.
What type of hospitality products do you offer?
+PALACE BLOCKS focuses on hotels, resorts, and other premium hospitality assets with great growth potential.
How is PALACE BLOCKS different from a REIT?
+Unlike REITs, PALACE BLOCKS offers direct fractional ownership of specific properties, enabling more control and tailored returns.
Investments
How do I invest in fractional ownership of hotels or resorts?
+You can invest by signing up on PALACE BLOCKS, selecting a property, completing KYC, and making the required payment.
What is the minimum investment required?
+The minimum investment starts at ₹2 lakh and can be paid in 3 monthly installments.
Do I need to be physically present to invest?
+No, the entire process is online, but you can visit the property for an in-person review if you wish.
What are the investment benefits?
+Benefits include steady monthly returns, exclusive annual stays, capital appreciation, and property-specific buyback guarantees.
How do I exit my investment?
+You can sell your fractional shares or take advantage of buyback options (if available) for your property.
How does the reward points system work?
+1 Reward Point = ₹1.
How are reward points calculated?
+- Basic Model: Earn 1 Reward Point per ₹150 invested.
- Example: A ₹450,000 investment = 3,000 points.
- Tiered Model:
- ₹2,00,000 – ₹4,99,999: 1 Reward Point per ₹150 invested.
- ₹5,00,000 – ₹9,99,999: 1.5 Reward Points per ₹150 invested.
- ₹10,00,000+: 2 Reward Points per ₹150 invested.
Are there any bonus reward points?
+- Referral Bonus: Earn 500 points when your invited friend invests.
- Loyalty Bonus: Get 2x points on your second investment.
- Limited-Time Offers: Earn additional 2x points on your first investment.
How can I redeem my reward points?
+- Convert points into MakeMyTrip / EaseMyTrip vouchers.
- Use points for hotel stays in partnered properties.
- Convert points into discounts on future investments (e.g., 500 points = ₹500 off).
- Call us to redeem your points.
Are there any management fees?
+Yes, PALACE BLOCKS charges a small management fee to cover operational expenses.
What are the management fees?
+- Annual Asset Management Fee: 1% of the investment amount.
- Performance Fee: If returns exceed 25%, a profit-sharing fee may apply.
- Exit Fee: A 2% nominal fee for resale of investment with appreciation.
Why is a management fee charged?
+The fee covers property maintenance, investor support, legal compliance, and operational costs, ensuring smooth investment management.
Legal
Do I receive legal agreements for my investment?
+Yes, all investors receive detailed agreements outlining their ownership rights and obligations.
Do I need to complete KYC to invest?
+Yes, KYC is mandatory for compliance with legal requirements.
Will the asset be registered in my name?
+The property is held under an SPV (Special Purpose Vehicle) where you own shares proportional to your investment.
Taxation & Finance
What returns can I expect?
+Returns include monthly income, capital appreciation, and exclusive property-related benefits.
How will my returns be taxed?
+Returns are subject to TDS and applicable tax regulations based on your residency and income status.
Miscellaneous
How do I track my investment?
+You can monitor your investments and returns through PALACE BLOCKS's Holdings dashboard.
How does the “Fly to Dubai” Giveaway for Investors work?
+- Eligibility: All investors who book with ₹5,000 during the launch are automatically entered into the giveaway.
- Lucky Draw: Each investor is assigned a unique number. After the launch period, 2 lucky winners will be selected through a random draw.
- Giveaway Package: 3N/4D Dubai trip including flights, hotel stay, and basic city tour. Passport & visa not included.
- Alternate Option: If a winner doesn’t want the trip, the package value can be adjusted toward their remaining ₹95,000 investment payment.
- Terms & Conditions:
- Offer valid only for launch-phase investors
- One entry per investment per property
- Prize is non-transferable and not redeemable for cash
- Travel subject to availability, compliance, and final approval