Possible terms and conditions for using the Vridhi app are as follows:
The app is available only for residents of India and aged 18 years or above.
Users need to register on the app to use its services, and all the information provided during registration must be accurate.
The app allows users to purchase energy units and real estate tokens, and the value of these assets may fluctuate over time.
Users can purchase an unlimited number of tokens related to a particular property until all the tokens are sold out.
After all the tokens of a particular property are sold, a live lottery system would be conducted, and the owner of the selected token would win the apartment.
The government of Uttarakhand is a collaborator in the development of the app, and the app's services are available only for properties listed in Dehradun.
The app provides tax-free maturity advantage on the energy units purchased, which can be withdrawn after 12 years.
The app charges a fee for its services, which may vary based on the type and amount of investment.
The app does not guarantee any returns on investment, and users are advised to invest only the amount they can afford to lose.
The app may update its terms and conditions from time to time, and users are advised to review them regularly.
The app ensures the safety and reliability of its services, and users are advised to report any suspicious activity or issues immediately.
The app is not responsible for any losses or damages incurred by users due to technical glitches or third-party errors.
Users must comply with all the applicable laws and regulations while using the app's services.
The app reserves the right to terminate or suspend a user's account at any time without prior notice for any violation of its terms and conditions.
The app's services are for informational and educational purposes only, and users are advised to consult a financial advisor before making any investment decisions.