Notable Milestones in Mantri Developers growth
Partnership with Morgan Stanley for first ever FDI in real estate in 2006.
Introduced individual swimming pool concept for penthouses in Bengaluru in 2003.
First to build Ultra Luxury homes with a 360 degree view in 2003.
First real estate firm to sign up major public-private partnerships (PPP) to improve Bannerghatta Road and for development of a Metro station with Bengaluru Metro Rail Corporation Ltd (BMRCL).
First real estate developer to sell flats on "Carpet Area"
First to offer customization of interiors & specifications bare shell.
Launched the Home Concierge: on-call services at your doorstep.
First to introduce tele-medicine for residential properties in India.
First to introduce Aqua Gym facility.
Established Propcare Real Estate Management for property maintenance support
Spacethetics for home decor requirements.
2012 | 2011
Global investment firm Xander has bought a 49% stake for Rs 150 crore in the retail component of Mantri Developers' integrated township, Mantri Serenity, located on Kanakapura Main Road
Mantri Developers raised Rs 100 crore from ASK Property Investment Advisors, the real-estate private equity arm of ASK Group, for its luxury residential project in Bengaluru.
Mantri Developers appointed Cisco as Strategic ICT Partner to develop Connected Communities and Smart Homes
Mantri DSK Pinnacle was recognized as the most environment friendly project of the year and received Gold Standard Green Building rating from IGBC.
Mantri Developers was the first real estate company to adopt ‘Augmented Reality’, an application, which gives a 3-D view of the project.
Mantri Developers introduced Interactive Mannequin at the CREDAI Expo
Launch of Mantri Serenity Project at Kanakapura Road, Bengaluru
Launch of Mantri Navaratna Project at MGR Streets Chrompet, Chennai
Launch of Mantri Insignia- A loyalty based program for Mantri residents
Mantri Square - ‘Best Mall of the Year’ award at the 4th GIREM Leadership Awards, 2011
2010 | 2009 | 2008
Launched Mantri DSK Pinnacle' - South India's tallest residential building
Launched Mantri Square – One of the Largest mall in India received grand success with over 10 million foot falls in less than 7 months.
Mantri’s undertook a rebranding exercise
“Excellence in Mid-Segment Housing (Amenities & Entertainment Facilities)” award for project “Mantri Tranquil” at The Economic Times ACETECH 2010 Real Estate Award
Forayed into Hyderabad - Launched Mantri Celestia in Gachibowli, Hyderabad
Title Sponsorship of "the prominent Karnataka Premier League"
Launched Mantri Junction
First Developer in India to be certified on "World Class Management Systems"- ISO; EMS; OHSAS & SA
Introduced Telemedicine for residential projects (in association with Apollo Hospitals) for the project ‘Mantri Espana’.
Launched Spacethetics - a one stop solution for home interior requirements
Mantri Altius - Best Residential Property in India, at the prestigious CNBC CRISIL Real Estate Awards in 2008
2007 | 2006 | 2005
Introduced "Home Concierge" concept for first time in residential projects in India at Mantri Espana
Bagged CNBC Crisil AWARD for "Best Residential Project in India 2007" - Mantri Altius Project
Forayed into Chennai market by launching Mantri Synergy
Mantri Developers was one of the first real estate developers to attract FDI when it raised $68 million from Morgan Stanley at the entity level in 2006
Launch "Mantri Tranquil" , sold more than 100 flats within a month
First developer to have a "Public / Private Partnership" to improve Bannerghatta Road, Bengaluru
Launch Mantri Splendor: - Mantri's first venture in North Bengaluru
Mrs. Snehal Mantri was adjudged as the "Outstanding Businesswoman Industrialist 2005"award by Indian Jaycees
2004 | 2003 | 2002
Trend setter : First developer to sell flats on "Carpet Area" - Mantri Sarovar
Mantri Developers diversified and ventured in education - started Indus International School
First property which was sold by invitation- Mantri Altius
First developer to provide individual Swimming Pools for penthouses in Bengaluru - Mantri Elegance
1st project in Bengaluru to complete construction of 352 flats within 19 months. Delivered ahead of time - Mantri Paradise
Won Best Landscape Awards for Mysore Horticultural Committee - Mantri Woodlands, Mantri Gardens & Mantri Paradise
Launch of Mantri Classic : First residential project in Bengaluru to have Glass balconies & alumimium façade
Launch of Mantri Residency : Mela (sp offer for Elegance & Residency wherein 102 flats sold in 2 days)
Launch of Mantri Elite
Completion of Commerce@mantri on Bannerghatta Road, Inaugurated by CEO of Oracle
2001 | 2000 | 1999
Launch of Mantri Paradise. Handing over of Mantri Terrace & Mantri Gardens. Sold 65 flats in Mantri Paradise in 3 days
Mr. Sushil Mantri was adjudged as "Best Entrepreneur" by Ernst & Young
First builder to handover a project of 571 apartments within a record span of 17 months, one month ahead of committed delivery time - Mantri Residency
First Residential Project launched i.e., Mantri Woodlands - Bannerghatta Road