HSN Group

Terms & Conditions

  • Home
  • Terms & Conditions
  1. BOOKING AMOUNT & INITIAL PAYMENT

    * The Booking Amount is payable as per the HSN Group approved price list, directly to HSN Group.
    * The Initial Payment as per the approved price list is due as a down payment within 7 calendar days from the date of booking.
    * HSN Group will execute the Agreement of Sale only upon realization of the down payment.
    * For clients availing a bank loan, all documents required by the bank must be submitted within 7 calendar days from the date of booking.

  2. PROJECT COMMENCEMENT BOOKINGS
    For bookings made after the commencement of the project, the prevailing terms and conditions at that time will apply.
  1. CANCELLATION & REFUND POLICY
    Upon cancellation, the refund will be processed after applicable deductions:

    * Blocking Stage: On receipt of initial booking amount – Cancellation charge of 20%.
    * If 15% of the total amount is received – 5% of total sale cost will be deducted.
    * If 30% of the total amount is received – 15% of total sale cost will be deducted.
    * In case of Villas: If the design process has started – ₹50,000 will be deducted.
    * Any payments made towards modifications, additions, or interiors are nonrefundable.
    * Refund will be made only after the cancelled property is re-sold and payments from the new client are realized.

  1. COMMUNICATION
    All emails from HSN Group’s official email ID will be considered official and valid for all practical purposes.
  1. DELAY IN PAYMENTS
    * Any delay in installment payments will attract 15% p.a. interest, calculated daily on the outstanding balance. Interest will be adjusted first before the principal.
    * If two or more consecutive installments are delayed, HSN Group reserves the right to cancel the Agreement to Sell and re-allot the property to another purchaser, applying the above cancellation terms.
  1. HOUSING LOAN DELAYS

    * If a bank delays loan sanction beyond 15 days from booking, HSN Group may suggest an alternative bank.
    * If the applicant is unable to secure a loan and cannot maintain the payment schedule, HSN Group reserves the right to cancel the booking under the cancellation terms.

  1. RESALE BEFORE COMPLETION
    * If the applicant wishes to sell the property before project completion, HSN Group retains the right of first purchase.
  1. ASSIGNMENT / TRANSFER
    * Any assignment or transfer without prior written approval from HSN Group will be null and void.
  1. CHANGES TO TERMS
    * HSN Group reserves the right to modify, add, or amend these terms without prior notice.
  1. JURISDICTION
    * All disputes will be subject to the jurisdiction of Bangalore courts only.
  1. REFUND PROCESSING TIME
    * In exceptional cases, at HSN Group’s discretion, refunds may be processed within 75 days.
  1. CHEQUE BOUNCE CHARGES
    * 1st Time: ₹2,000
    * 2nd Time: ₹4,000
    * 3rd Time: ₹6,000 (Additional clauses in the Agreement of Sale will apply.)
  1. MANAGEMENT APPROVAL
    * A booking is valid only upon HSN Group Management’s approval.
  1. AGREEMENT SUPERSESSION
    * Clauses in the Sales Agreement / MOU signed by the client and HSN Group’s authorized signatory will supersede these terms.
  1. BOOKING CONFIRMATION
    * If booking details are not displayed after payment, check the availability list and email sales@hsngroup.live I don’t know with booking history. Do not attempt a duplicate booking without confirmation.
  1. Consent for Communication
    * By submitting an enquiry to HSN Group, you agree that we may contact you via phone, WhatsApp, Facebook Messenger, SMS, and email for both transactional and promotional purposes.
1. BOOKING AMOUNT & INITIAL PAYMENT
  • The Booking Amount is payable as per the HSN Group approved price list, directly to HSN Group.
  • The Initial Payment as per the approved price list is due as a down payment within 7 calendar days from the date of booking.
  • HSN Group will execute the Agreement of Sale only upon realization of the down payment.
  • For clients availing a bank loan, all documents required by the bank must be submitted within 7 calendar days from the date of booking.
2.PROJECT COMMENCEMENT BOOKINGS
  • For bookings made after the commencement of the project, the prevailing terms and conditions at that time will apply.
3. CANCELLATION & REFUND POLICY

Upon cancellation, the refund will be processed after applicable deductions:

  • Blocking Stage: On receipt of initial booking amount – Cancellation charge of 20%.
  • If 15% of the total amount is received – 5% of total sale cost will be deducted.
  • If 30% of the total amount is received – 15% of total sale cost will be deducted.
  • In case of Villas: If the design process has started – ₹50,000 will be deducted.
  • Any payments made towards modifications, additions, or interiors are nonrefundable.
  • Refund will be made only after the cancelled property is re-sold and payments from the new client are realized.
4. COMMUNICATION
  • All emails from HSN Group’s official email ID will be considered official and valid for all practical purposes.
5. DELAY IN PAYMENTS
  • Any delay in installment payments will attract 15% p.a. interest, calculated daily on the outstanding balance. Interest will be adjusted first before the principal.
  • If two or more consecutive installments are delayed, HSN Group reserves the right to cancel the Agreement to Sell and re-allot the property to another purchaser, applying the above cancellation terms.
6.HOUSING LOAN DELAYS
  • If a bank delays loan sanction beyond 15 days from booking, HSN Group may suggest an alternative bank.
  • If the applicant is unable to secure a loan and cannot maintain the payment schedule, HSN Group reserves the right to cancel the booking under the cancellation terms.
7. RESALE BEFORE COMPLETION
  • If the applicant wishes to sell the property before project completion, HSN Group retains the right of first purchase.
8. ASSIGNMENT / TRANSFER
  • Any assignment or transfer without prior written approval from HSN Group will be null and void.
9. CHANGES TO TERMS
  • HSN Group reserves the right to modify, add, or amend these terms without prior notice.
10. JURISDICTION
  • All disputes will be subject to the jurisdiction of Bangalore courts only.
11. REFUND PROCESSING TIME
  • In exceptional cases, at HSN Group’s discretion, refunds may be processed within 75 days.
12. CHEQUE BOUNCE CHARGES
  • 1st Time: ₹2,000
  • 2nd Time: ₹4,000
  • 3rd Time: ₹6,000 (Additional clauses in the Agreement of Sale will apply.)
13. MANAGEMENT APPROVAL
  • A booking is valid only upon HSN Group Management’s approval.
14. AGREEMENT SUPERSESSION
  • Clauses in the Sales Agreement / MOU signed by the client and HSN Group’s authorized signatory will supersede these terms.
15. BOOKING CONFIRMATION
  • If booking details are not displayed after payment, check the availability list and email sales@hsngroup.live I don’t know with booking history. Do not attempt a duplicate booking without confirmation.
16. Consent for Communication
  • By submitting an enquiry to HSN Group, you agree that we may contact you via phone, WhatsApp, Facebook Messenger, SMS, and email for both transactional and promotional purposes.
Expert Real Estate solutions for Buyers and Sellers