Privacy Policy & Data Protection

Effective Date: January 01, 2026

OMRED ("we," "our," or "us") operates the Online Marketplace for Real Estate Development. We are committed to protecting the privacy and security of our Users (Developers, Investors, Buyers, Brokers, and Sellers).

This Privacy Policy outlines how we collect, use, maintain, and disclose data. By using the OMRED platform, you consent to the data practices described in this policy.

1. Information We Collect

To provide a secure, verified ecosystem, we collect detailed information including but not limited to:

  • Personal Identity Information (PII): Name, email address, mobile number, and government-issued ID numbers.
  • KYC Documents: Passports, Incorporation Certificates, Tax IDs (PAN/VAT), and Proof of Address.
  • Financial Information: Bank account details for verification (Note: We do not store credit card PINs).
  • Property Data: Ownership proofs, RERA registrations, and project blueprints.
  • Device & Usage Data: IP addresses, browser type, and navigation patterns for security auditing.

2. How We Use Your Information

We use your data strictly for legitimate business purposes:

  • Verification & Compliance: Conducting strict KYC/AML.
  • Platform Operations: Facilitating listings, connecting buyers with developers, and processing inquiries.
  • Communication: Sending OTPs, transactional updates, and legal notices.
  • Security: Monitoring for suspicious activity, unauthorized access, and cyber threats.

3. Sharing of Information

OMRED does not sell your personal data. We share information only in the following circumstances:

  • Verified Counterparties: If you inquire about a project, your details (Name, Email, Phone) are shared with the respective Developer/Seller.
  • Service Providers: Third-party KYC verification agencies, cloud hosting partners, and SMS gateways bound by strict confidentiality agreements.
  • Legal Obligations: We may disclose data if required by law, court order, or government regulation.

Security & Data Retention

We employ industry-standard SSL/TLS encryption for data transmission. Sensitive documents (KYC) are stored in secure, access-controlled environments. We retain data only as long as necessary to fulfill the purposes outlined in this policy or to comply with legal reporting requirements.

4. Cookies and Tracking Technologies

We use cookies to enhance user experience, authenticate sessions, and analyze traffic. You can control cookie preferences through your browser settings. Blocking strict cookies may affect the functionality of the platform (e.g., Login/OTP).

5. User Rights

Subject to applicable laws, you have the right to:

  • Access: Request a copy of the personal data we hold about you.
  • Correction: Request updates to incorrect or incomplete information.
  • Deletion: Request the deletion of your account (subject to data retention laws for financial records).
  • Opt-Out: Unsubscribe from marketing communications at any time.

6. Third-Party Links

Our website may contain links to Developer websites or external resources. OMRED is not responsible for the privacy practices or content of these third-party sites. We encourage you to read their privacy policies.

7. Changes to This Policy

OMRED reserves the right to update this policy at any time to reflect changes in legal requirements or our operational practices. Significant changes will be notified via email or a prominent notice on our website.

8. Contact Us

If you have questions regarding this Privacy Policy or data security, please contact our Data Protection Officer:

Email: privacy@omred.com