Mantri Developers
| Industry | Real estate |
|---|---|
| Founded | 1999 |
| Founder | Sushil Mantri |
| Headquarters | Bangalore, India |
Area served | India |
Key people | Sushil Mantri (Chairman) and (Managing Director) |
| Website | www |
Mantri Developers Pvt. Ltd. is a real estate company in India which has developed properties in Indian cities such as Bangalore, Chennai, Hyderabad and Pune. Its constructions are used for residential, commercial, retail, hospitality, office, senior-living and educational purposes.[1] 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.[2]
Mantri received CII-ITC Sustainability Award 2012, by the President of India, Shri Pranab Mukherjee.[3]
Founder
Sushil Mantri is Mantri's founder, chairman and managing director. He is also vice president of CREDAI, a body for private real estate developers in India.[4]
Key projects
Mantri Altius located near M Chinnaswamy Stadium.[5][6]
Mantri Espana, situated in Marathalli, Bangalore.[7]
Mantri DSK Pinnacle: Mantri Developers in association with DSK are developing South India's tallest residential tower in Bangalore.[8] They have also developed and promoted Mantri Square, one of India's largest shopping mall, with a bowling alley, a cinema theatre and food court.[9]
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.[10] The delay caused widespread protests[11][12][13] and a temporary travel ban for General Manager Snehal Mantri.[14]
References
- ^ "Company Overview of Mantri Developers Private Limited". bloomberg.com. Bloomberg L.P. Retrieved 10 April 2015.
- ^ "Mantri Developers Private Limited: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 4 April 2018.
- ^ "Sustainability Award". Business Standard. Retrieved 28 January 2013.
{{cite news}}: CS1 maint: url-status (link) - ^ Akhtar, Nadeem. "Sushil Mantri, CMD, Mantri Developers Pvt. Ltd". Retrieved 4 April 2018.
- ^ "Mantri Altius". The Hindu. Retrieved 9 October 2005.
{{cite news}}: CS1 maint: url-status (link) - ^ "Lose your nosy neighbours - Mantri Altius, on Raj Bhavan Road". businesstoday.intoday.in/. businesstoday. Retrieved 6 August 2014.
- ^ "Mantri Espana, CEO". The Economic Times.
{{cite news}}: CS1 maint: url-status (link) - ^ "Mantri Pinnacle-Ultra luxurious and tallest residential tower in South India". Economictimes. economictimes.indiatimes.com/. 8 August 2012. Retrieved 6 August 2014.
- ^ "Bangalore's largest mall, Mantri Square". The Hindu. thehindu.com. 15 March 2010. Retrieved 6 August 2014.
- ^ "Mantri Developers booked for cheating". The Hindu. Retrieved 30 May 2020.
{{cite news}}: CS1 maint: url-status (link) - ^ "Webcity buyers protest". The New Indian Express. Retrieved 30 May 2020.
{{cite news}}: CS1 maint: url-status (link) - ^ "Mantri Developers accused of cheating home buyers". Deccan Herald. Retrieved 30 May 2020.
{{cite news}}: CS1 maint: url-status (link) - ^ "Developers' promise to buyers falls flat". Bangalore Mirror. Retrieved 30 May 2020.
{{cite news}}: CS1 maint: url-status (link) - ^ "Builder Mantri's wife stopped from flying to Singapore". Deccan Herald. Retrieved 30 May 2020.
{{cite news}}: CS1 maint: url-status (link)