Mantri Developers Pvt. Ltd. is a
real estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...
company in
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
which has developed properties in Indian cities such as
Bengaluru,
Chennai
Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of th ...
,
Hyderabad
Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River, in the northern part of Southern India ...
and
Pune
Pune (; ; also known as Poona, ( the official name from 1818 until 1978) is one of the most important industrial and educational hubs of India, with an estimated population of 7.4 million As of 2021, Pune Metropolitan Region is the largest i ...
. Its constructions are used for residential, commercial, retail, hospitality, office, senior-living and educational purposes.
As of February 2021, a number of their projects remain indefinitely delayed, due to financial woes. Many buyers have been left in limbo waiting for their homes. It has completed 23 projects covering 10 million square feet of constructed area and has an equal amount of area under various stages of construction.
Mantri received CII-ITC Sustainability Award 2012, by the President of India, Shri
Pranab Mukherjee
Dr. Pranab Mukherjee (11 December 193531 August 2020) was an Indian politician and statesman who served as the 13th president of India from 2012 until 2017. In a political career spanning five decades, Mukherjee was a senior leader in the India ...
.
Founder
Sushil Mantri is Mantri's founder, chairman and managing director. He is also
vice president
A vice president, also director in British English, is an officer in government or business who is below the president (chief executive officer) in rank. It can also refer to executive vice presidents, signifying that the vice president is on ...
of CREDAI, a body for private
real estate developers
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. R ...
in
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
.
Key projects
Mantri Altius located near
M Chinnaswamy Stadium
The M. Chinnaswamy Stadium (formerly known as the Karnataka State Cricket Association Stadium) is a cricket stadium located in Bangalore, Karnataka. Flanked by the picturesque Cubbon Park, Queen's Road, Cubbon and uptown M G Road, Bangalore, MG ...
.
Mantri Espana, situated in Marathalli,
Bangalore
Bangalore (), List of renamed places in India, officially Bengaluru (), is the Capital city, capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan area, metropolitan population of a ...
.
Mantri DSK Pinnacle: Mantri Developers in association with DSK are developing South India's tallest residential tower in Bangalore. They have also developed and promoted
Mantri Square
Mantri Square ( kn, ಮಂತ್ರಿ ಚೌಕ) is a shopping mall situated in the Malleswaram locality in Bangalore, Karnataka, India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-la ...
, one of India's largest shopping mall, with a bowling alley, a cinema theatre and food court.
Mantri Webcity: A multi-tower gated-community project on the Bangalore-Hennur road, divided into 3 blocks or 'parcels'. Although partially occupied, construction was not completed on time, with hundreds of buyers waiting for their apartments since 2013, some of them going into bankruptcy and a large majority pursuing court cases. The delay caused widespread protests and a temporary travel ban for General Manager Snehal Mantri.
References
Further reading
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*
External links
* {{Official website, http://www.mantri.in
Real estate companies of India
Companies based in Bangalore
Indian companies established in 1999
Real estate companies established in 1999
1999 establishments in Karnataka