I had booked Mantri Serenity in 2013 and the possession date was promised in May 2015. I opted for the 80- 20 scheme where I took the full 80% of the loan and paid it to the builder. However, the delays kept building up. First, the possession was promised on November 2017. Now again, the possession has been delayed to June 2019. Further, Mantri is stating they will not pay the Pre emi any more. The full brunt of the emi will now ave to born by the buyers and Mantri will continue to enjoy our money free of cost
Please do not go in for the 80-20 pre emi scheme. Its a big fraud. I regretted it as soon as I opted for it. But now I am stuck. My impression of Mantri has really fallen to the lowest levels