All the leads should be registered by channel partners in software for any promotions regarding MGP.
The prospective buyer is introduced by channel partner and not existing by any other source means the validity of 45 days will be given to the registered channel partner.
If an existing enquiry of the prospective buyer is under another channel partner source or closely follow up with builder means the credit will not be given to the channel partner.
If the prospective buyer converted into sales, while verification, if the primary source is found with other source or channel partner, the credit will not be given to the secondary source.
Whenever the lead source is asked from MGP, it should be given to MGP by channel partner properly for verification purpose.
The decision of MGP will be final and if fails and process deviation found the channel partner will be terminated without any prior intimation.
GENERAL T&C:
Channel partner shall not give any additional / extra / wrong information to purchaser / client other than that provided by MGP, regarding the projects.
Channel partner shall quote the price of the Villa or plot or Apartment to the client given by MGP and shall not change any additional amount or give any discount.
Channel partner shall not collect any booking amount or amount from the client by way of cash or cheque.
Channel partner should follow the price and availability list given by MGP time to time.
The channel partner shall provide the clients with correct and complete information with respect to the unit which the client wishes to purchase and shall not mislead or any misrepresentation the customers in such regard.
All costs and expenses incurred by the channel partner in relation to arranging, negotiating and completing the transaction with the prospective buyers shall be solely borne by the channel partner only.
The channel partner shall strictly maintain the confidentiality pertaining to each deal or booking including any other information pertaining to the company or customers and shall not divulge the same to anybody or any competitor of the company.
PAYMENT AND CANCELLATION:
The channel partner shall be entitled to the brokerage which (will be subjected to change month on month and will be intimated through mail). The brokerage will be subjected to deduction of TDS or GST as applicable.
Payment will be made after 15 working dates from the date of invoice raised by the channel partner once the customer has Registration Completed.
In case of cancellation of the booking by the purchaser for whatsoever reason, no commission/brokerage will be paid to the channel partners.
JURISDICTION:
The channel partner shall conduct its business in the manner, which is not prejudicial to the interest of the company in any way and shall always be transparent in dealing with company and the customers. The channel partner shall strictly comply with the aforesaid terms and conditions. In case of any complaint against the channel partners conduct or breach or any violation of the terms and conditions shared herein or concealment of material facts in this form, the company shall have the right to terminate this registration immediately without prejudice as per company’s right to take any further action as it may deem fit and proper.
This form shall be governed and construed in accordance with the laws of India and shall be subjected to the exclusive jurisdiction of courts of Chennai alone. In case of any dispute between the channel partner and the company remain unresolved the same shall be referred to arbitration as per the provisions of Arbitration and Conciliation Act 1996 which will be held at Chennai.
The decision of the company shall be final and binding on the channel partner and in case if the channel partner fails to adhere any of terms and conditions as stated herein above, the company shall have absolute rights to withhold the brokerage and to terminate the channel partner registration forthwith.