Pay 1% & Book Home In Bengaluru – Mantri Developers Homebuying Scheme

Mantri Lithos

The residential real estate market has begun to quickly emerge from its RERA and GST induced semi-slumber. Major companies in the space have launched offers, discounts and various financial schemes to attract home buyers to invest in their projects. Mantri Developers, a prominent developer in South and West India is the latest to launch its ‘1% Down Payment’ scheme on some of its more attractive developments in Bengaluru.

Mantri Serenity
Mantri Serenity

Mantri Developers has its real estate development presence in Bengaluru, Chennai, Pune and Hyderabad. In the 16 years since it was established in 1999 by Mr. Sushil Mantri, the company has grown rapidly, adding style and structure to various cities’ skylines. Mantri’s real estate developments encompass projects in residential, commercial, retail, education and hospitality sectors.

In Bangalore, Mantri has developed premium residential projects such as Mantri Greens in Malleshwaram, Mantri Pinnacle on Bannerghata Road, Mantri Webcity on Hennur Road and Mantri Serenity on Kanakapura Road among others. The ‘1% Down Payment’ scheme is applicable on some of Mantri’s Bengaluru projects, namely Mantri Webcity, Mantri Serenity, Mantri Energia and Mantri Lithos.

Mantri Developers Homebuying Scheme
Mantri Developers Homebuying Scheme

The Scheme Explained

Home buyers interested in purchasing a home in any of these four properties will need to make a down payment of only 1% of the home’s price. This could range anywhere from Rs. 76,000 to 1.8 lakhs for a home!  The home owner can arrange for 2 to 25% of the home value while the remaining 75 to 80% will be funded by the bank based on the construction stage. While waiting for possession your home, Mantri Developers will service both interest and Pre-EMI, under subvention – interest will be paid on the amount paid by customer and Pre-Emi will be paid on behalf of customer for a period of 24 months or date of possession whichever is earlier. This scheme could result in a savings of Rs. 11.63 lakhs to 27 lakhs.

Mantri Webcity
Mantri Webcity

Mantri Webcity also known as a ‘web township’ offers ultra luxurious 2, 2.5 and 3 BHK apartments off Hennur Road. These homes are developed along a digital lifestyle philosophy where latest technologies like nanotechnology, robotics and cloud computing, etc. will provide a seamless human-technology interactive interface. The project itself is massive with a mind-boggling 2500 apartments spread across 24 buildings in a sprawling development.

Mantri Serenity is another sprawling luxury project which offers 2 and 3 BHK apartments as well as Penthouses spread across 5 blocks of 21 buildings. Serenity features a massive 90,000 sq. ft. clubhouse packed with lavish amenities such as a mini theatre, a lounge area, Gym, a cafe and a games room in addition to a temperature controlled swimming pool as well as multi purpose hall. Located on Kanakapura Road, Mantri Serenity also enjoys good connectivity.

Mantri Energia
Mantri Energia

Mantri Lithos and Mantri Energia are located inside the Manyata Tech Park in Bengaluru. Both are premium offerings by Mantri with an enviable location for those lucky residents who would go to jobs in the tech park! Lithos offers 8 blocks of 2 and 3 BHK apartments and Penthouses while Energia offers exclusive 3 BHK homes across 6 blocks. Both the projects feature premium amenities which any home buyer would expect in such residential projects.

While assessing these appreciable features of Mantri homes before deciding to avail of the attractive financial scheme, remember that the offer is for a limited period only. Homes by Mantri Developers incorporate their core qualities of customer focus, quality product, timely delivery and transparency.

Mantri Greens- Malleshwaram

Mantri Greens at Malleshwaram, Entrance.

Overview

Mantri Greens is an apartment situated in a prime locality, that is, Malleshwaram. Furthermore, the project is endowed with natural fauna and flora that lives up to the name, “Mantri Greens”. As we enter the project, the path is divided into two areas, one that leads to the basement parking and the other to enter the apartments. The project consists of 2, 3 and 4BHK apartments that are divided into 4 towers. Each tower has 17-18 floors.  The project is completed and ready-to-move-in as of now.

For those who aspire to live in a prime locality in Bangalore with luxurious facilities, Malleshwaram would perhaps be the right option. This locale is highly sought out by everyone, as, it has great connectivity, safety and the charm of old Bangalore. Malleshwaram is a cultural, diverse and a business hub of the city. Hence, this locale is truly a complete package.

Location

Situated in a prime locality, Malleswaram is a highly developed residential area in Bangalore. Mantri Greens is situated right beside Mantri Square Mall owned by the same builders. It neighbours elite residential areas such as Sadashiva Nagar, Kumara Park, Rajajinagar and more. The area is slowly transforming from a quaint old locale into a vibrant city centre attracting expats and investors from all over. Furthermore, the flower market is a dynamic burst of energy that attracts tourists and flora enthusiasts every day.

Moreover, the project provides for a well-established connectivity system. The Sampige Metro Station is conveniently situated in Mantri Square. The Railway Station is located 1.1 kms away from Mantri Greens, many bus stations and auto stands are located outside the apartment. Taxies are also readily available. The project is situated on the main road, hence, the traffic is bad during the peak hours. It is best to leave early to get through the Sampige road traffic.

The area is filled with rich cultural history and ever-growing diversity provided by the inhabitants. The locale boasts its flamboyant list of archaic restaurants, movie theatres and old shopping lanes all over. Mantri Greens is a family friendly project as many reputed schools such as Cluny Convent High School (1.6 kms), Sophia High School (3.3 kms) are a couple amongst the rest. Furthermore, the project lies in close proximity to World Trade Centre, Orion Mall, Metro Cash and Carry, Columbia Asia Hospital, Cloud Nine and Sheraton (about 3.9 kms).

Mantri Greens plants around the project
Small trees planted around the project

Specifications

The sky-rise structures are divided into 4 towers, 18 floors each and consist of 424 apartments totally. The apartments range from a spacious 1370-3145 sq. ft. The project does offer penthouses on the 17th and 18th floor of each apartment. Each apartment has been equipped with state-of-the-art amenities to provide a luxurious living space. The penthouses display a panoramic landscape of the city.

Moreover, each apartment ensures maximum ventilation and lighting to bring in positive energy. The apartments spread out evenly and offers privacy in each apartment without cluttering the space. Furthermore, the entire project is eco-friendly with their rainwater harvesting system. If an emergency must arise, the project is also seismic zone II complaint. The entire project is handled by an excellent team of staff and security who ensure the cleanliness and safety of the project according to the residents.

Mantri Green Gazebos
Gazebos near the poolside to relax.
Mantri Greens Pool
Pool, situated in the middle of the project.

Amenities

Mantri Developers is a leading construction group in Bangalore, with their projects spread across the city. Mantri Greens provides a beautiful jogging track covered by trees and plants on all sides, the swimming pool is situated in the centre of their space and is easily accessible for all the inhabitants. It is well equipped with a gymnasium, spa and sauna to relax and unwind the day. The clubhouse is also equipped with many indoor sports facilities as well.

For the outdoor enthusiasts, the project offers a tennis court, basketball court and a meditation/yoga space amongst nature. The open amphitheatre is breath-taking, it is surrounded by trees on all sides and used for many of the committee meetings. There are beautiful sitting gazebos placed across the vicinity to enjoy the greenery and the weather without worrying about the rain.

Price

Unit Types Build Up Area (sq.ft) Price (INR)
2BHK 1275-1460 1.61-1.85cr
3BHK 1800-2050 2.28-2.59cr
4BHK 3500 4.43cr

Conclusion

Mantri Greens is a landmark building in Malleshwaram, it lives up to its name with splendid landscape gardens all over. Furthermore, Mantri Developers is a well-reputed brand, hence, quality is critical in each aspect of the project. Apart from the loud traffic that can be heard at the entrance, the project is a beautiful piece of architecture that reflects the vision of the builders.

The project checks all the boxes for a high-end, gated community living space.

The most important factor for any project is the location. Malleshwaram is an upmarket area, it attracts customers from all over. The well-planned infrastructure, connectivity and transportation system proves advantageous for the inhabitants of Mantri Greens.

Hence, if one is looking to invest or live in a ready-to-move-in home on a high-end budget, this a project worth considering!