Channel Partner Registration

Pre Requisites
  • The Channel Partner shall furnish the RERA Registration issued by the authorities to the company.
  • The Channel Partner’s Name & UID need to be mentioned in the Customer Application Forms.
  • The Company reserves the right, in its sole discretion, to modify or suspend the Terms & Conditions of this Registration Form.
  • Consideration Value = Base Value of the Flat.
  • In case the customer is availing a loan, Sanction Letter from the respective bank is mandatory.
  • The RERA registration no. is mandatory to be mentioned in all the correspondence with the company and project.
  • The Channel Partner shall market/advertise the Project, in any form, based on the marketing material approved by the Company with a prior written consent.
In Consideration of the Services provided by the Channel Partner, the company shall pay the commission Subject to the terms and conditions mentioned herein below:
  • a) 2% in respect of all the projects.
  • b) The Channel Partner shall ensure that the customer executes and registers the Agreement for Sale as per the format prescribed by the Company/Prompter/Developer in accordance with the provisions of the Real Estate (Regulation and Development) Act, 2016 (“RERA”) and rules framed hereunder from time to time.
  • c) All payments to the Channel Partner shall be made in the Indian currency after deduction of applicable charges.
  • d) The Channel Partner shall raise an invoice for the amount payable by the company. Each invoice shall be delivered to the address of the company, as specified by the company, by courier or by hand delivery.
  • e) Subject to the fulfillment of conditions, (a) the company shall attempt to pay the commission within 90 days of the receipt of the tax invoice. All payments shall be made subject to the deduction of tax at source.
  • f) In the event of the customer cancelling or terminating the Agreement for Sale/Allotment Letter/Booking Application in respect of the flat/shop/unit/office, the provisions of Agreement for Sale/Allotment Letter/ Booking Application shall prevail.
  • g) Channel Partner/Broker should come with the customer(s) for his/her first visit.
  • h) All disputes shall be subject to Bangalore Jurisdiction.
  • i) Channel Partner/Broker have to comply with all the laws/statutory compliances which come in force from time to time.
  • j) Channel Partner/Broker should provide all documents as and when demanded by the Company (Copies)
  • k) Brokerage/Commission invoice shall be raised only after signing of agreement with a minimum of 25% Paid & PDC’s collected.
Digital Marketing Guidelines for channel Partners
Dos:
  • The website(s)/Landing Page(s) created by the Channel Partner should carry a clear disclaimer at the top & bottom of the page(s) stating that it is not an official DF Silverline Constructions LLP website and belongs to a registered Channel Partner.
  • If the price of the property being marketed needs to be communicated in any manner, it has to be approved on email or obtained on an attested hardcopy by the company.
  • Publishing project information in a way other than specified is strictly prohibited. If found guilty, strict action shall be taken which shall be inclusive of and not limited to reporting to RERA, Karnataka.
  • As per RERA guidelines, always mention your Own RERA registration number and the Project RERA registration number separately on the Landing Page(s) & Website(s) along with the website URL.
DON’TS:
  • Do not purchase or use domain name that is exactly the same as the name of the project being marketed by the company.
  • Do not host a business listing on Google or any other social media platforms claiming to be an official owning a project belonging to DF Silverline Constructions LLP. If any such listing is found, an official notice shall be sent to you to either transfer the ownership to DF Silverline Constructions LLP or pull down the said listing on an immediate basis. Further, we may also choose to report the same to Google.
  • Do not suggest changes to website, contact number, e-mail address or any other information on an official DF Silverline Constructions LLP business listing, which may be published anywhere on the internet.
  • Do not involve in any unfair trade practices and/or mis-represent the company in any manner whatsoever.
INDEMNIFY
  • The Channel Partner hereby agrees to indemnify and keep the company indemnified and/or its successors and assigns officers, directors, employees and representatives from and against any and all costs, losses, damages, claims, charges, demands, actions and expenses (including Attorney’s fees) of any nature that the company may suffer, arising from any claims, liabilities or demands instituted against the company, in the event of breach of the terms of these presents and/or violation of the provisions of RERA.