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 Serenity- Upcoming luxury apartments on Kanakapura Road

Descriptive article on price, location, specifications, etc of Mantri Serenity.
overview of Mantri’s upcoming project; Serenity

A locale unflagging with activity, movement and development. This is something one would least expect Kanakapura Road to become about 5 years back. While forming part of the periphery of South Bangalore earlier, today, it houses a number of schools, colleges, medical health and residences. The arrival of the Namma Metro and the saturation in the neighboring areas have led to a vigorous development in the infrastructure of this area, and will soon to be the home of 6 remarkable towers – Mantri Serenity.

Mantri Developers, over the past 16 years, has carved a niche for themselves. With projects cumulatively spread over 20 million sq. ft. under various stages of construction, the company has set the benchmark for quality, in house research, customer focus and business ethics. With a track record of delivering 1.4 homes every day, Mantri is now channeling its expertise into a project that offers a fine balance between needs and luxury.

Phase 2 and Phase 3 apartments under construction.

Project Overview:

Away from the mayhem of the city, while being close to the Metro station, schools, workplace and commercial establishments, Mantri Serenity offers luxurious 2 and 3 BHK apartments located on Kanakapura Main road, next to Mantri Arena, an upcoming mall. Spread over 41 acres of land, this project accommodates 6 towers, each packed with 23 storeys that add to a prodigious 2100 flats. With the hope of further development, this project currently comprised of 3 Phases. With Phase 1 complete and a sellout, Mantri group is now working on Phase 2 and Phase 3 residences. Two towers, Phase 2 is going to be completed in the next two years while phase 3  consisting 1 tower in the next three years.

Connectivity:

Living room; Model Apartment.

Among the top factors that have led to the growth of this area, connectivity is at the forefront. Kanakapura Road passes through areas like Banashankari, Konanakunte and Outer Ring Road. Namma Metro has enhanced connectivity to Majestic (City Centre). This makes it easy to access any part of the city. The establishment of NICE corridor has enhanced connectivity to areas like Electronic city, Mysore road, Jayanagar, Banashankari, etc. This road further connects to highways like Tumkur road and Old Madras road. The airport is 57 km and the railway station is 20 km away.

In terms of social amenities, Kanakapura has come a long way from lush green to a hub of schools, hospitals, malls, with bright prospects for future development. Schools and colleges in the vicinity include Valley, Delhi Public School, Kumarans and BGS International, Indian Business Academy and Dayanand Sagar. Metro Cash and Carry Hypermarket is just a 7-minute drive from the project. Restaurants, cafes and bars are plenty in the area and a few that stand out are Starbucks, Brewsky, Jalsa, all within a 20-minute drive from the project. During an emergency, Supurva hospital is easily accessible as it is just 1.5 km from the project. Other hospitals in the vicinity include Fortis and BGS hospital.

Price:

The units at Serenity vary from a saleable area of 1025 Sq Ft – 1710 Sq Ft with a base price of 5990 per Sq. Ft.

Unit (BHK) Size ( Sq. Ft) Price
2 1260 83.03 lacs
2 1030 67.88 lacs
3 1280 84.35 lacs
3 1520 1.0 Cr
3 1710 1.13 Cr
3 1835 1.21 Cr

 

Amenities:

Lotus – A titanic 90,000 Sq. Ft clubhouse at Mantri Serenity is a clear reflection of the vision with which this project was built. This completely furnished club house includes an indoor temperature controlled pool, perfect for all kinds of weather. A multi purpose banquet hall is perfect to host parties for friends and family. The clubhouse also includes a mini theatre, a lounge area, Gym, a cafe and a games room.

Picturesque! Such are the outdoors at Mantri Serenity. Brimming with theme gardens and water features, this project includes a Sensory/ butterfly garden, palm courts, stroll garden with water fountains, green amphitheater, pedestrians promenade, Chandni Bhag – the fragrance court, party lawn and the Maidan (Multi purpose) lawn. While the gardens are spell binding, this is not all Mantri Serenity has to offer. Residents can also benefit from a basketball court, tennis court and an outdoor swimming pool.

Specification:

Moving on to the residence, as one walks in, eight feet engineered door frame opens the gates to a luxurious and comfortable home. Every flat at Serenity comes with German chrome fitted hardware, sliding windows, french doors, vitrified tiles throughout the house and anti-skid tiles in the balcony. To ensure comfort and safety, intercom facilities and generator with 100 % D.G power backup will be installed in all homes.

 

Conclusion:

By now, it is clear that Mantri is on the way towards achieving the vision with which Serenity was built: that is providing a relaxed, leisure-filled environment to all its residents with the convenience of numerous social amenities. So if one is looking to invest in a luxury home in one of Bangalore’s upcoming areas, Mantri Serenity can be considered.