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Mantri Builder is Big Fraud/Cheater in South India. Review on Mantri Developers Bangalore

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M K @m00112
Oct 24, 2015 09:58 PM, 16291 Views
Mantri Builder is Big Fraud/Cheater in South India

Mantri developers are name sake Banglore #1 developers, But I realised that Mantri is a useless organization in terms of commitment. They have no commitment at all, they would have forgot about the meaning of commitment too.


For the Mantri Celestia project which they started in 2008, Mantri missed 6 deadlines till now and again postponed the possession(7 years already completed) . If the construction will go in same pace we may not get possession in 2020 also. All the ladies and gentlemen who wants to buy any property with them, be sure that in the construction agreement, they will mention that they will pay a penalty of around 2.5 to 3RS per SFT for the delayed period, but they will not mention the end date of penalty in the construction agreement.


So you will be ended up paying both the bank loans and rent which is proportionally more than 15 times than what the penalty they paid to you. I agree that every builder has challenges like non availability of cement or labor, but not such that they missed 6 deadlines which is not acceptable by any customer or atleast me. All Mantri victims, please share this on facebook, so that we would have helped someone not to become a victim like us.


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Dear Prabhat,Happy New Year! We are auditing the resolution rate for Mantri Developers. We hope the above issue has been resolved to your satisfaction. If you have any other queries or feedback, you can share it on http://www.mantri-connect.com. We would be happy to assist you.Regards,Mantri Developers Customer Care Team
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