Channel Partner Policy

LEAD REGISTRATION & VERIFICATION WORKFLOW

CHANNEL PARTNERS PERKS

ALL CHANNEL PARTNERS ARE REQUIRED TO SUBMIT ANY AND ALL MARKETING OR PROMOTIONAL MATERIALS TO THE VENUS GROUP MARKETING TEAM FOR PRIOR WRITTEN APPROVAL BEFORE INITIATING ANY PUBLIC-FACING ACTIVITY.

MATERIALS THAT MUST BE SUBMITTED

• DIGITAL ADS (GOOGLE, META, ETC.)
• FLYERS, BROCHURES, BANNERS
• EMAIL CAMPAIGNS
• WHATSAPP CREATIVES
• MICROSITES OR LANDING PAGES
• SOCIAL MEDIA POSTS OR VIDEOS
• SMS CONTENT

COMMISSION PAY-OUT POLICY (TERMS & CONDITIONS)

• CHANNEL PARTNER MUST BE PRESENT DURING THE CLOSING/TOKEN MEETING.
• FOR THE PURPOSE OF COMMISSION PAY-OUT, ONLY THE BASIC AMOUNT OF THE UNIT SHALL BE CONSIDERED.
• ALL COMMISSION PAY-OUT SHALL BE PAYABLE AS FOLLOWS:
• IN CASE OF AN UNDER CONSTRUCTION PROJECT, AFTER ATS HAS BEEN REGISTERED.
• IN CASE OF READY-TO-MOVE-IN PROJECT, UPON RECEIPT OF FULL AND FINAL PAYMENT AND PROPERTY REGISTRATION.
• UNDER NO CIRCUMSTANCES SHOULD COMMISSION PASSBACK BE DISCUSSED WITH OR OFFERED TO CLIENTS.
• A CHANNEL PARTNER CAN RAISE AN INVOICE/BILL ONLY AFTER 10% PAYMENT IS RECEIVED, AND ATS (AGREEMENT TO SELL) / SALES DEED REGISTRATION IS COMPLETED.
• ALL COMMISSION PAYOUT TO THE CHANNEL PARTNER WILL BE INCLUSIVE OF GST (NO EXTRA GST SHALL BE PAID)
• COMMISSION PAY-OUT WILL BE PAID TO THE CHANNEL PARTNER WITHIN 60 DAYS OF SUBMISSION OF A VALID INVOICE.
• IN THE EVENT OF BOOKING CANCELLATION, THE CHANNEL PARTNER WILL NOT BE ELIGIBLE FOR COMMISSION PAY-OUT. IF THE COMMISSION PAY-OUT HAS ALREADY BEEN PAID, IT MUST BE REFUNDED WITHIN 60 DAYS.

DISPUTE RESOLUTION

• THIS AGREEMENT SHALL BE SUBJECT TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF AHMEDABAD.
• THE DEVELOPER SHALL NOT BE LIABLE FOR ANY FINES, CHARGES, INTEREST, OR PENALTIES IMPOSED BY RERA OR OTHER GOVERNMENT AUTHORITIES RESULTING FROM ANY VIOLATIONS COMMITTED BY THE CHANNEL PARTNER.
• CHANNEL PARTNERS ARE REQUIRED TO MAINTAIN STRICT CONFIDENTIALITY OF ALL PROPRIETARY INFORMATION SHARED BY VENUS GROUP.