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Legal

Terms & Conditions

Last updated: 23 July 2026

These Terms govern your use of the House of Elites platform (“the platform”, “we”, “us”). By creating an account, completing KYC, listing a property or placing a bid, you agree to these Terms. Please read the section on deal closure and liability carefully.

01The platform is a marketplace

House of Elites provides technology that connects property sellers and buyers and facilitates an orderly bidding process. We are not the buyer, seller, agent, broker or escrow of any property. We do not own, appraise, guarantee or take title to any property listed on the platform.

02Eligibility and verification

You must be at least 18 years old and complete identity verification (KYC) before you can bid or list. You are responsible for the accuracy of the information and documents you provide, and for keeping your account credentials confidential.

03Bidding

Bids are placed in real time and are processed in the order they are received. A bid is a serious, binding expression of intent to transact at the bid amount. You are responsible for every bid placed from your account, including bids placed on your behalf by an authorised agent.

04Deal closure and platform responsibility

Winning an auction establishes an intent to transact between the buyer and the seller. Completing the transaction — including due diligence, verification of title and documents, financing, registration and payment of the purchase price — is the sole responsibility of the buyer and the seller.

Important. If a deal fails to close for any reason — including a seller withdrawing, a buyer defaulting, disputes over documentation or title, financing falling through, or any other cause — the platform is not responsible or liable for the failed transaction or for any loss, cost or damage arising from it. In such an event, the platform’s sole and exclusive obligation is to refund the amounts you paid to the platform (such as deposits or fees), subject to any applicable deductions. The platform bears no further liability of any kind.

05Payments and refunds

Any deposits or fees collected by the platform are held to facilitate the process. Where a deal does not close, your exclusive remedy from the platform is a refund of the amounts you paid to the platform, as described in Section 04. Refunds are limited to sums actually received by the platform and do not include amounts paid directly between buyer and seller.

06No warranty on properties

Property listings, including descriptions, images, documents and valuations, are provided by sellers or their agents. We do not warrant the accuracy, completeness, legal status or condition of any property. Buyers must conduct their own independent due diligence before completing any transaction.

07Limitation of liability

To the maximum extent permitted by law, the platform and its operators are not liable for any indirect, incidental, special or consequential loss, or for loss of profit, opportunity or goodwill, arising from your use of the platform or from any transaction. Our total aggregate liability to you, whatever the cause, is limited to the amount you paid to the platform in connection with the transaction in question.

08Prohibited conduct

You agree not to submit false information or documents, place bids you do not intend to honour, manipulate the bidding process, or use the platform for any unlawful purpose. We may suspend or terminate accounts that breach these Terms.

09Changes and governing law

We may update these Terms from time to time; continued use of the platform constitutes acceptance of the updated Terms. These Terms are governed by the laws of India, and any disputes are subject to the exclusive jurisdiction of the courts of India.

10Contact

Questions about these Terms can be sent to legal@thehouseofelites.com.