Privacy Policy

This Privacy Policy describes how Areion Credittech Private Limited (operating through its division Areion Distressed Properties) (“we”, “our”, “us”) collects, uses, stores, shares, and protects personal information of users (“you”, “your”) who visit and interact with our website distressedproperties.areioncredittech.com (the “Website”).

The Website provides information and facilitation services related to distressed asset properties in India, including properties arising under enforcement actions such as those governed by the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), Directions issued by the Reserve Bank of India and related Regulations.

We are committed to protecting your privacy and handling your personal data in a transparent and lawful manner, in compliance with applicable Indian laws, including the Information Technology Act, 2000, the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011, and other applicable data protection regulations.

  1. Information We Collect

1.1 Personal Information

We may collect the following personal information when you voluntarily submit it through forms on the Website or interact with us:

  • Full name
  • Phone number
  • Email address
  • Residential or correspondence address
  • Any other information you choose to provide while submitting enquiries or requests

1.2 Non-Personal Information

We may automatically collect certain non-personal information, including:

  • IP address
  • Browser type and version
  • Device information
  • Pages visited and time spent on the Website
  • Referring URLs

1.3 Cookies and Tracking Technologies

We use cookies, pixels, and similar technologies to:

  • Enhance user experience
  • Analyse website traffic and performance
  • Deliver and measure targeted advertisements on social media and other digital platforms

You may manage or disable cookies through your browser settings. However, disabling cookies may affect certain functionalities of the Website.

  1. Purpose of Collection and Use of Information

We collect and use your information for the following purposes:

  • To respond to enquiries and requests related to distressed asset properties
  • To provide information about properties, auctions, or opportunities available under applicable laws, including RBI Directions and SARFAESI Act
  • To contact you via phone calls, SMS, email, or messaging platforms regarding your expressed interests
  • To improve our Website, services, and user experience
  • To comply with legal and regulatory obligations
  • To create custom audiences and run targeted advertisements on social media platforms in compliance with their advertising policies
  1. Use of Information for Advertising

Your personal information may be used for marketing and advertising purposes, including:

  • Retargeting and remarketing campaigns on platforms such as Google, Meta (Facebook, Instagram), LinkedIn, and other social media networks
  • Audience analytics and campaign performance measurement

We ensure that:

  • Personal data is used only in accordance with applicable laws and platform advertising policies
  • No sensitive personal data is sold or misused
  • Advertising partners process data in accordance with their own privacy policies and contractual obligations
  1. Property Information and Regulatory Disclaimer

Property-related information displayed on the Website:

  • Is sourced from publicly available records, authorised institutions, banks, or financial entities
  • Is shared strictly for informational purposes
  • Does not constitute legal advice, financial advice, or an offer to sell

While we make reasonable efforts to ensure accuracy, details relating to distressed assets, auctions, reserve prices, and possession status may change due to legal, regulatory, or procedural developments under the SARFAESI Act or other applicable laws. Users are advised to conduct independent due diligence and seek professional advice before taking any decision.

 

The information relating to secured assets displayed on this website is published in compliance with the directions issued by the Reserve Bank of India, including the provisions of the Reserve Bank of India (Asset Reconstruction Companies) Directions, 2025 (“RBI Directions”), as amended from time to time, the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (“SARFAESI Act”), and the applicable Rules framed thereunder.

Such information is provided for the purpose of statutory disclosure and public notice and is based on records available with the Company at the relevant time.

While reasonable care is taken to ensure that the information published is accurate and up to date, the Company does not warrant or represent, expressly or impliedly, the completeness, accuracy, adequacy or reliability of the details relating to any secured asset, including but not limited to descriptions, measurements, encumbrances, valuations, possession status or legal proceedings.

Prospective purchasers, bidders or interested parties are advised to conduct their own independent due diligence, verification and inspection of the property and related documents before taking any decision or action. The publication of such information shall not be construed as:

  • A representation or warranty by the Company regarding title, condition, or marketability of the property;
  • An offer, commitment or binding assurance of sale;
  • A confirmation that the information is free from typographical or inadvertent errors.

The Company shall not be liable for any loss, damage, claim or expense arising from reliance placed on the information published on this website.

Further, personal data of borrowers, guarantors or occupants, if disclosed as part of statutory publication requirements, is published strictly in compliance with applicable law and shall not be used, copied, reproduced or misused for any unlawful purpose. Any unauthorised use of such information may attract civil and/or criminal liability under applicable law.

The Company reserves the right to modify, update, correct or remove any information relating to secured assets without prior notice.

  1. Sharing of Information

We do not sell personal information. We may share your information only in the following circumstances:

  • With service providers, marketing partners, and technology vendors strictly for business operations and advertising purposes
  • With banks, financial institutions, or authorised entities where relevant to your enquiry
  • When required by law, regulation, court order, or governmental authority

All third parties are required to maintain appropriate confidentiality and security standards.

  1. Data Security

We implement reasonable security practices and procedures to safeguard personal information against unauthorised access, loss, misuse, or alteration. While we strive to protect your data, no system can guarantee absolute security.

  1. Data Retention

We retain personal information only for as long as necessary to fulfil the purposes outlined in this Privacy Policy or as required under applicable laws.

  1. Your Rights and Choices

You have the right to:

  • Access and review the personal information provided by you
  • Request correction or updating of your information
  • Withdraw consent for marketing communications
  • Request deletion of your personal information, subject to legal and regulatory requirements

Requests may be made by contacting us using the details provided below.

  1. Third-Party Links

The Website may contain links to third-party websites. We are not responsible for the privacy practices or content of such websites. Users are encouraged to review the privacy policies of external sites.

  1. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. Any changes will be posted on this page with an updated revision date. Continued use of the Website constitutes acceptance of the revised policy.

  1. Contact Information

If you have any questions, concerns, or requests regarding this Privacy Policy or the handling of your personal information, please contact:

Areion Credittech Private Limited  (operating through its division Areion Distressed Properties)

Email: info@areion.in

Phone: 8976 88 3531

Address: D/511, Zillion Building, L.B.S. Road, near Kurla Bus Depot, Kurla West, Mumbai, Maharashtra 400070.

By using this Website, you acknowledge that you have read, understood, and agreed to this Privacy Policy.

 

Terms of Use and Disclaimer

These Terms of Use and Disclaimer (“Terms”) govern access to and use of the website distressedproperties.areioncredittech.com (the “Website”). The Website is owned by Areion Credittech Private Limited and operated through its division Areion Distressed Properties (“we”, “our”, “us”).

By accessing, browsing, or using this Website, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree, you should discontinue use of the Website immediately.

  1. Nature and Purpose of the Website

The Website is an informational and facilitation platform that provides details relating to distressed asset properties in India, including properties arising out of enforcement actions by banks and financial institutions under applicable laws such as the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), Directions issued by the Reserve Bank of India and related Regulations.

The Website does not:

  • Act as a bank, lender, auctioneer, or financial institution
  • Provide legal, financial, or investment advice
  • Guarantee sale, allotment, or transfer of any property
  1. No Offer or Solicitation

All information provided on the Website is for general informational purposes only and shall not be construed as:

  • An offer to sell or lease
  • A solicitation to buy or invest
  • A recommendation or endorsement of any property

Any transaction relating to distressed properties is subject to applicable laws, auction terms, and approvals issued by the respective secured creditor or authorised authority.

  1. Regulatory and Distressed Asset Disclaimer

Property listings and related details:

  • Are based on information obtained from publicly available sources, banks, financial institutions, authorised officers, or official auction notices
  • May relate to properties under possession, symbolic possession, or proposed enforcement proceedings
  • Are subject to changes due to legal challenges, borrower actions, court orders, regulatory directions, or settlement

We do not guarantee the accuracy, completeness, or current status of property details such as title, encumbrances, reserve price, possession status, or auction timelines. Users are strongly advised to conduct independent due diligence, verify records, and seek professional legal and financial advice before participating in any transaction.

The information relating to secured assets displayed on this website is published in compliance with the directions issued by the Reserve Bank of India, including the provisions of the Reserve Bank of India (Asset Reconstruction Companies) Directions, 2025 (“RBI Directions”), as amended from time to time, the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (“SARFAESI Act”), and the applicable Rules framed thereunder.

Such information is provided for the purpose of statutory disclosure and public notice and is based on records available with the Company at the relevant time.

While reasonable care is taken to ensure that the information published is accurate and up to date, the Company does not warrant or represent, expressly or impliedly, the completeness, accuracy, adequacy or reliability of the details relating to any secured asset, including but not limited to descriptions, measurements, encumbrances, valuations, possession status or legal proceedings.

Prospective purchasers, bidders or interested parties are advised to conduct their own independent due diligence, verification and inspection of the property and related documents before taking any decision or action. The publication of such information shall not be construed as:

  • A representation or warranty by the Company regarding title, condition, or marketability of the property;
  • An offer, commitment or binding assurance of sale;
  • A confirmation that the information is free from typographical or inadvertent errors.

The Company shall not be liable for any loss, damage, claim or expense arising from reliance placed on the information published on this website.

Further, personal data of borrowers, guarantors or occupants, if disclosed as part of statutory publication requirements, is published strictly in compliance with applicable law and shall not be used, copied, reproduced or misused for any unlawful purpose. Any unauthorised use of such information may attract civil and/or criminal liability under applicable law.

The Company reserves the right to modify, update, correct or remove any information relating to secured assets without prior notice.

  1. User Responsibilities

By using the Website, you agree:

  • To provide accurate and truthful information when submitting enquiries or forms
  • Not to misuse, scrape, reproduce, or commercially exploit Website content without written permission
  • Not to use the Website for unlawful, misleading, or fraudulent purposes
  • To comply with all applicable laws and regulations
  1. Intellectual Property Rights

All content on the Website, including text, graphics, logos, layout, data compilations, and design, is the intellectual property of Areion Credittech Private Limited or its licensors and is protected under applicable intellectual property laws. Unauthorized use is strictly prohibited.

  1. Limitation of Liability

To the maximum extent permitted by law:

  • We shall not be liable for any direct, indirect, incidental, consequential, or special damages arising from use of or reliance on the Website or its content
  • We do not assume responsibility for decisions taken by users based on property information displayed

Use of the Website is entirely at your own risk.

  1. Third-Party Links and Content

The Website may contain links to third-party websites, auction portals, or external resources. We do not control or endorse such third-party content and are not responsible for their accuracy, legality, or practices.

  1. Data Usage Reference

Use of personal information collected through the Website is governed by our Privacy Policy, which forms an integral part of these Terms. Users are encouraged to review the Privacy Policy carefully.

  1. Indemnity

You agree to indemnify and hold harmless Areion Credittech Private Limited, its directors, employees, agents, and affiliates from any claims, losses, liabilities, or expenses arising from:

  • Your use of the Website
  • Violation of these Terms
  • Reliance on property information without independent verification
  1. Modification of Terms

We reserve the right to modify or update these Terms at any time without prior notice. Updated Terms will be effective upon posting on the Website. Continued use constitutes acceptance of the revised Terms.

  1. Governing Law and Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of India. Courts located in Mumbai, India shall have exclusive jurisdiction.

  1. Contact Information

For any questions or concerns regarding these Terms, please contact:

Areion Credittech Private Limited (operating through its division Areion Distressed Properties)
Email: info@areion.in
Phone: 8976 88 3531
Address: D/511, Zillion Building, L.B.S. Road, near Kurla Bus Depot, Kurla West, Mumbai, Maharashtra 400070.​

By using this Website, you confirm that you understand the risks associated with distressed asset transactions and agree to these Terms.