I'm thrilled with my decision to choose Mantri Developers for my home. The construction quality is outstanding, showcasing attention to detail and a commitment to excellence. Superb locality.
Prime location of my property adds immense value, providing convenience and accessibility. Mantri Developers truly delivers on their promise of high-quality construction and strategic, desirable locations.
HI @SandeepRaiRathore Police Commissioner of Chennai and General Investors in CHENNAI AND BANGLORE:
This company has declared bankruptcy and you and your life log savings will be be stuck if you invest in this company. PLEASE BEWARE and especially NRI's STAY AWAY!
I am an NRI who invested my entire life savings for last 20 years in 3 BHK Villa in Mantri Signature Villa in Link Road Chennai. This company is registered as several names and keeps changing the names due to bankruptcy. A) Buoyant Technology Constellations Pvt Ltd. No. 41, "Mantri House", Vittal Mallya Road, Bangalore B) Commerce@MonthriBannerghatta Road Reg off 41 I took a loan in USA at 9% interest and Paid off Mantri what they had asked for as a "FINAL COST". I paid what was been asked in April 2023 and since then have been stuck with Mantri. The front office plays this drama about money not deposited in the company account and hence receipts for payment collected cannot be given for 4-5 month. DO NOT PUT YOUR SAVINGS HERE.
Stuck with loan in US that I took to pay Mantri and they have blocked the Registration of this villa! I have proofs and chains of emails going from Jan 5,2023 till date of the harassment going on! Parent document which was promised for this villa right after giving down payment Rs 20,00,000 has not been given to me after making 3.90 Cr payment. Please Do not invest here or in any other Mantri projects they will eat you like vultures! After declaring bankruptcy they have nothing more to loose and no credibility to care for so putting pressure on clients and extortion of money is their only end goal knowing that for Registration one of their company person is required. The Villa has not been completed and I was forced into agreeing that I will accept the villa in as it is condition by Mr. Kishore who knows the best to twist clients hands. Mantri is refusing to acknowledge the bank statements showing full and final payment. In fact an over payment of 4.5 lakhs has been made at my end. Instead of adjusting that they make their own EXCEL sheet with random dates and amounts and keep sending that demanding for more money. There has been ZERO appreciation of this property. Because of recession I am finding it hard to find buyer even after 90 Lakhs LOSS. Investing your money in Mutual funds is better: ! If you care for your LIFE SAVINGS, YOUR HEALTH AND PEACE THIS IS NOT THE PROJECT TO INVEST IN. Dealing with Mantri management or any of their sister subsidies means reducing 10 years of your life with STRESS.
Mantri Signature & Mantri Solitude, # 138, Kalaingar Karunanidhi Salai (ECR Link Road), Sholinganallur, Chennai, Tamil Nadu 600119, India https://maps.app.goo.gl/S5A3TUCay8fwY4pPA
The below Project "MANTRI SERENE" in PALLAVRAM also belongs to same company in Chennai. BE WARE! DO NOT INVEST! https://www.mantri.in/mantri-serene/flats-in-pallavaram-chennai/about-project.php
Corporate office of Mantri Developers you cannot get inside without permission The whole team of mantri sits in this building Nice office neatly maintained but parking is not available in this office
Mantri developers were good 8 years back. However, since then mismanagement, diversion of funds, bad decisions and greed has made the customers suffer. Webcity is more than 6 years delayed. Promises and deadlines are not kept. All this after collecting 100% of money for construction + clubhouse + even maintenance + etc etc. Invest in mdpl projects if you want to donate money to these rich people. They don't have any idea the suffering they have inflicted on their buyers.
Give 0 star for mantri our company done small project in Koramangala jupiter project in 2018 still they are not given payment very very worst organization
Careless developer who doesn’t even care to communicate with customers. Delay is inherent quality of this developer as I realized very late. I am one of such customers stuck with Mantri. Paid 95% and waiting for past one year without having any clue on the progress or handover. No option of withdrawal or shifting unless you pay huge amount to Mantri again so that they can live royal life from our money. Let me know if there is owners association for Mantri Energia project so that let’s fight together. See the stage of this project which is due by 31st December 2018 for handover.
Worst builder in world I should say. Just search for Mantra Website Owners Group a d you will come to know. Many of my friends have invested money in their project and waiting for the last 8 years to get their home. Mantri people will enjoy your hard earned money and you will be broke of you invest in their projects.
They haven't delivered a few projects on time. But having visited a few projects of their's, I feel their construction quality is consistent across projects. Which is good in comparison to other builders in the same locality of their projects.
Mantri's mismanagement, diversion of funds, bad decisions and greed has made the customers suffer. Mantri Webcity project in hennur road is delayed for more than 4 years. Repeatedly promises and deadlines are not kept. All this after collecting 100% of money for construction + clubhouse + even maintenance + etc etc. Invest in mdpl projects if you want to donate money to these rich people. They don't have any idea the suffering they have inflicted on their butter.
If you ask me MDPL should be sold to prestige or brigade and stop fooling & looting people
Mantri developers were good 8 years back. However, since then mismanagement, diversion of funds, bad decisions and greed has made the customers suffer. Webcity is more than 3 years delayed. Repeatedly promises and deadlines are not kept. All this after collecting 100% of money for construction + clubhouse + even maintenance + etc etc. Invest in mdpl projects if you want to donate money to these rich people. They don't have any idea the suffering they have inflicted on their butter.