Effective Date: 26/05/2026
Website: https://www.oholiving.com/
This Refund & Exchange Policy (“Policy”) governs refunds, cancellations, exits, security deposits, exchanges, and related financial adjustments applicable to users, residents, tenants, and customers (“Users”, “Residents”, “you”, or “your”) using services offered by oho Living (“Company”, “we”, “our”, or “us”).
By booking, reserving, registering, or availing any accommodation or related service through oho Living, you agree to this Policy along with our Terms & Conditions and operational guidelines.
1. Refund Policy
1.1 Token / Booking Amount
Any token amount, booking amount, reserve amount, onboarding fee, or advance paid to secure a room, bed, apartment, or accommodation shall generally be considered non-refundable unless explicitly communicated otherwise in writing by oho Living.
The token amount is treated as a commitment from the resident toward reserving inventory and temporarily blocking accommodation availability.
Once the booking is confirmed:
The accommodation may be removed from public availability
Operational and onboarding processes may begin
Allocation and planning costs may be incurred by the Company
Accordingly, cancellation requests after booking confirmation may attract deductions, forfeiture, or cancellation charges.
The Company reserves the right to decide refund eligibility on a case-by-case basis depending on:
Time of cancellation
Operational losses
Vacancy impact
Agreement status
Move-in status
Property-specific policies
1.2 Cancellation Before Move-In
If a user cancels before the scheduled move-in date, refund eligibility shall depend upon:
The notice period provided
Whether onboarding formalities were completed
Inventory blocking duration
Property-specific cancellation terms
Any applicable deductions, including processing fees, administrative costs, platform charges, agreement charges, or operational expenses, may be deducted before processing refunds.
1.3 Cancellation After Move-In
Once a resident has moved into the accommodation, refunds shall be governed by:
Signed agreements
Lock-in commitments
Notice period obligations
Property policies
Outstanding dues and damages
In cases where the resident exits without serving the required notice period or during the lock-in period:
Security deposits may be partially or fully forfeited
Ongoing monthly rent may remain non-refundable
Additional operational or vacancy recovery charges may apply
1.4 Security Deposit Refunds
Security deposits, where applicable, shall be refunded after:
Successful move-out inspection
Clearance of dues
Verification of damages
Utility settlement
Return of access devices, keys, or property assets
The Company reserves the right to deduct charges, including but not limited to:
Property damages
Deep cleaning costs
Pending rent
Utility bills
Maintenance dues
Replacement costs
Policy violation penalties
Unauthorized occupancy charges
Refund Timeline
All eligible refunds, including security deposit settlements, shall generally be processed within 30 to 45 working days from:
Completion of move-out formalities
Final settlement clearance
Submission of required bank details and documentation
Refund timelines may vary depending on:
Banking processes
Payment gateway delays
Verification procedures
Pending operational clearances
Dispute resolution timelines
The Company shall not be liable for delays caused by banking institutions, third-party payment partners, or incomplete user documentation.
1.5 Monthly Rent Payments
Monthly rent must be paid in advance on or before the due date communicated by the Company.
Failure to make timely payment may result in:
Late payment penalties
Service restrictions
Access limitations
Additional administrative charges
Once rent is paid for a billing cycle, it shall generally be considered non-refundable, including in situations where the resident voluntarily vacates before completion of the rental period.
1.6 Notice Period & Early Exit
Residents are required to serve the applicable notice period mentioned in their agreement or communicated operational policy.
Failure to serve the required notice period may result in:
Full or partial forfeiture of the security deposit
Additional charges
Recovery of operational losses
Temporary or permanent restriction from future bookings
Notice requests shall only be considered valid if submitted through officially approved communication channels and acknowledged by the Company.
1.7 Special Circumstances
In exceptional situations where the Company is unable to fulfil specifically committed requirements previously confirmed in writing, refund eligibility may be reviewed on a case-by-case basis.
Such situations may include:
Non-availability of committed accommodation category
Incorrect property allocation
Failure to provide specifically promised requirements confirmed in writing
Any approved refund under such cases may still be subject to deductions for:
Occupancy duration
Operational costs
Agreement charges
Utility usage
Damages or service consumption
2. Exchange Policy
2.1 Room or Property Exchange Requests
Residents may request room transfers, bed changes, or property exchanges subject to:
Availability
Operational feasibility
Internal approvals
Clearance of pending dues
The Company does not guarantee the availability of exchange options.
Exchange requests may involve:
Revised pricing
New lock-in periods
Additional security deposits
Agreement modification charges
Cleaning or onboarding charges
Temporary overlapping rent obligations
Residents must confirm acceptance of revised commercial and operational terms before any exchange is finalised.
2.2 Lock-In Implications
Lock-in periods, where applicable, shall remain room-specific or property-specific.
Any exchange, relocation, or exit before completion of the lock-in period may be treated as a contractual breach and may result in:
Forfeiture of security deposits
Cancellation charges
Revised pricing applicability
Restriction of future exchange requests
The Company may waive certain charges at its sole discretion only through written confirmation.
3. Non-Refundable Charges
The following amounts are generally non-refundable unless otherwise approved in writing by the Company:
Token amounts
Booking fees
Platform fees
Convenience charges
Processing fees
Onboarding charges
Agreement charges
Late payment penalties
Cleaning charges
Administrative fees
4. Refund Processing Method
Approved refunds shall generally be processed through:
Original payment source
Bank transfer
UPI transfer
Other approved financial channels
Users are responsible for providing accurate banking and payment information.
The Company shall not be liable for failed refunds resulting from incorrect bank details, inactive accounts, payment gateway issues, or technical failures outside its control.
5. Modification of Policy
oho Living reserves the right to update, modify, suspend, or revise this Refund & Exchange Policy at any time without prior notice.
Updated versions shall become effective immediately upon publication on the website.
Continued use of the platform or services constitutes acceptance of the revised Policy.