Welcome to Bricklet Solution. This Privacy Policy details the policies and procedures of Bricklet Solution Advisory Private Limited ("the Company", "we", "our", or "us"), operated under corporate identification guidelines matching premium Indian real estate platforms (e.g., Housing.com / Locon Solutions, 99acres / Info Edge India Limited). It explains how we collect, record, utilize, share, and protect your personal information when you access our co-ownership portal, mobile applications, and advisory services.
1. Information We Collect
We collect information to provide structural fractional co-ownership opportunities, verify legal eligibility, and comply with regulatory requirements (including anti-money laundering regulations). This includes:
- Personal Profile Information: Full name, date of birth, contact number, email address, physical mailing address, and permanent account number (PAN).
- Verification Records (KYC): Scanned copies of identity proofs (Aadhaar Card, Passport, or Voter ID) and proof of address.
- Financial Information: Bank account numbers, IFSC codes, details of transactions executed on our platform, and wallet addresses where co-ownership deeds are tokenized.
- Device & Log Information: IP addresses, browser configurations, internet service provider (ISP), pages visited before/after our site, and timestamps.
2. How We Use Your Information
We process your personal data under the lawful basis of contract execution, regulatory compliance, and legitimate business interest. Key uses include:
- Validating co-ownership applications and preparing legal deeds of co-ownership for local land registry offices.
- Executing Know-Your-Customer (KYC) checks as required under prevention of money laundering guidelines in India.
- Computing projected capital appreciation and passive rental income yield summaries dynamically.
- Sending newsletters, updates on structural allocations, and transactional receipt notifications.
- Preventing unauthorized platform access, fraud, and ensuring asset-backing security.
3. Information Sharing and Disclosure
Your privacy is paramount. We do not sell or lease your personal information. We disclose information to third parties only under the following limited conditions:
Service Providers & Partners
We share data with verified KYC processors, cloud-hosting vendors, payment gateway processors, and legal trust management firms that manage the physical real estate assets co-owned on the platform.
Legal and Registry Authorities
We disclose identity and transactional records to state government land registries, municipal corporations, and legal registrars during the property deed execution phase to legally register your fractional stake.
Statutory Disclosures
We will disclose user profiles and transactions to regulatory bodies, tax departments, or law enforcement officers if we believe such action is necessary to comply with a legal warrant, subpoena, or statutory obligation.
4. Data Storage and Retention
Your personal records are stored on secure, encrypted cloud databases located within Indian geographical limits to comply with local data hosting regulations (similar to the policies of major domestic real estate portals). We retain your transactional and KYC details as long as you hold co-ownership stakes on our platform, and for an additional statutory period (minimum 5 years) to comply with taxation and corporate regulations.
5. Data Security
We execute state-of-the-art administrative, technical, and physical security measures (including AES-256 encryption, SSL/TLS transport layer protection, and role-based internal access policies) to prevent data loss, leakage, theft, or unauthorized alteration. However, please note that no system is 100% immune, and you share personal files at your own risk.
6. User Choices and Control
You have control over how we interact with you. You can:
- Request access to the personal data we hold about you.
- Rectify inaccurate or outdated records in your investor dashboard.
- Opt-out of promotional emails by clicking "Unsubscribe" in our newsletters.
- Request the erasure of your personal account, provided you do not hold active fractional co-ownership stakes that require open legal registry records.
7. Grievance Redressal
In accordance with the Information Technology Act, 2000 and rules made thereunder, any privacy queries or complaints regarding the processing of your personal information must be directed to our Grievance Officer:
Attn: Mr. Santanu Sen, Grievance Officer
Entity: Bricklet Solution Advisory Private Limited
Corporate Address: Suite 402, Godrej Coliseum, Sion, Mumbai, MH - 400022
Email: grievance@brickletsolution.com