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June 2017 - Notice for Meeting of Creditors for approving the Scheme of Amalgamation


February 2017 - Key Highlights of Union Budget 2017

Real Estate
  • Capital gains on account of entering into JDAs to arise in the year of project completion
  • Holding period for determination of long term nature of capital gains on sale of immovable property, reduced from the existing 3 year period to 2 years
  • Relief for real estate developers from charging to tax of notional rental income (under the head 'income from house property') on unsold inventory, for one year from the end of the financial year in which the completion certificate is obtained
  • Built up area thresholds for qualifying as an affordable housing project (eligible for 100% profit linked deduction) has been amended to 30/ 60 sq meters 'carpet area' for metro and non-metro cities respectively (vis-a-vis built up area)
  • Base year for considering indexation benefit while computing capital gains shifted from 1 April 1981 to 1 April 2001 - accordingly, fair value as at 1 April 2001 to be the base for calculating indexation
  • Tax rate for companies with annual turnover upto INR 50 crores reduced to 25%
  • Conversion of preference shares into equity shares has been exempted from capital gains tax
  • MAT credit allowed to be carried forward up to a period of 15 years (vis-vis 10 years at present)
  • Scope of domestic transfer pricing restricted to only if one of the entities involved in related party transaction enjoys specified profit-linked deduction
  • Concessional withholding rate of 5% on interest paid on ECBs/ RDBs extended till 30 June 2020
  • Prohibition of cash transaction above INR 3 lakhs, subject to certain exceptions
  • Income Tax rate cut to 5 pc for individuals having income between Rs 2.5 lakh to Rs 5 lakh
  • 10 pc surcharge on individual income above Rs 50 lakh
  • 15 pc surcharge on income above Rs 1 cr to continue
  • Allocation under MNREGA increased to 48,000 crore from Rs 38,500 crore. This is highest ever allocation
  • Rs 9,000 cr higher allocation for payment of sugarcane arrears
  • Target of agriculture credit fixed at Rs 10 lakh cr in 2017-18
  • Tax administration honouring the honest is one of the 10 pillars of Budget 2017-18
  • Two new AIIMS to be set up Jharkhand and Gujarat
  • New rules regarding medical devices will be devised to reduce their cost
  • 1.5 lakh health sub centres to be converted to Health Wellness Centres
  • National Housing Bank will refinance individual loans worth Rs 20,000 crore in 2017-18
  • Rs 500 cr allocated to set up Mahila Shakti Kendras; Allocation raised from Rs 1.56 lakh cr to Rs 1.84 lakh cr for women and child welfare
  • Relaxation in norms for Start Ups for getting tax exemption
  • Excise duty on pan masala containing tobacco (Gutkha) raised to 12 pc from 10 pc
  • Excise duty on non-filter cigarettes of length not exceeding 65 mm raised to Rs 311 per thousand from Rs 215 per thousand

August 2016

July 2016

June 2016

March 2016

February 2016

January 2016

December 2015

November 2015

October 2015

August 2015

  • Mantri Developers and Senior Bangaloreans hail India’s 69th Independence with a green pledge - Forever News
  • Bengaluru Celebrates Independence Day With Fervour - indiarailinfo
  • Mantri Developers and Senior Bangaloreans hail India’s 69th Independence with a green pledge - Property News for You
  • Bengaluru Celebrates Independence Day With Fervour - The New Indian Express
  • Mantri Developers and Senior Bangaloreans hail India’s 69th Independence with a green pledge - APN News
  • Mantri Developers and Senior Bangaloreans hail India’s 69th Independence with a green pledge - Mumbai Newsbox
  • Bengaluru Celebrates Independence Day With Fervour - Karnataka India Everyday

July 2015

Mantri Espana penthouse sold on Snapdeal for Rs. 6 crore
  • Biggest ever online apartment buys? Mantri Developers gets buyer for Rs 6-cr penthouse on Snapdeal – The Financial Express
  • Bengaluru penthouse sold online for Rs.6 crore – Business Standard
  • Bengaluru penthouse sold online for Rs.6 crore – The Statesman
  • Mantri Espana penthouse sold on Snapdeal for Rs. 6 crore – Sanchar Express
  • Biggest online home sale till date: Mantri Developers sells Rs 6 cr worth penthouse on Snapdeal – First Post
  • Snapdeal sells Rs 6 cr penthouse; biggest online home sale till date – ET
  • Mantri Espana penthouse sold on Snapdeal for Rs. 6 crore – WEB Newswire
  • Mantri Espana penthouse sold on Snapdeal for Rs. 6 cr – Realty and More
  • Bengaluru Penthouse Sold online for Rs.6 crore – Chennai online
  • Biggest online home sale till date: Mantri Developers sells Rs 6 cr worth penthouse on Snapdeal – Daily India News
  • A Pent House Sells At 6 Crores Online – Sakshi Post
  • Biggest Online Home Sale Till Date: Mantri Developers Sells Rs 6 Cr Worth Penthouse on Snapdeal –
  • Mantri Espana penthouse sold on Snapdeal for Rs. 6 crore Watch it here

March 2015

  • NDTV Property Awards for Best Luxury Residential Apartment project 2014 – Mantri Espana
  • Times Now features Mr. Sushil Mantri on “Transforming Spaces, Touching Lives” – Watch it here
  • Mr. Sushil Mantri conferred with Industry Doyen status by Construction Industry Development Council second year in a row at CIDC Vishwakarma Awards 2015.
  • Mantri Developers recognized as Best Professionally Managed Real Estate Company at the CIDC Vishwakarma Awards 2015.

February 2015

  • Brands Academy Award for Best Ultra Luxury Residential Project (Hyderabad) 2015 – Mantri Euphoria

November 2014

  • Vijaya Karnataka – Listings – 22nd November 2014 –In City today
  • Deccan Herald – Listings – 22nd November 2014 –In City today
  • The Times of India – 23rd November 2014 – Driven By Passion
  • Prajavani –23rd November 2014–Coverage report for the Swachh Bengaluru drive
  • Vijayavani – 23rd November 2014 –Coverage report for the Swachh Bengaluru drive
  • Eenadu – 23rd November 2014 –Coverage report for the Swachh Bengaluru drive
  • Dakshin Bharat – 23rd November 2014 –Coverage report for the Swachh Bengaluru drive
  • Malayala Manorama – 23rd November 2014 –Coverage report for the Swachh Bengaluru drive
  • – Citizens of Bengaluru take to cleaning the city

October 2014

  • Deccan Herald – Supplement – Homes & Interior – 17th October 2014 – A player like no other
  • Deccan Herald – Supplement – Homes & Interior – 10th October 2014 – Bengaluru is a safe bet

September 2014

  • Business India – 29th September 2014 – Building a community

August 2014

  • The Economic Times – 21th august 2014 - Shopaholics Rejoice
  • The Hindu – 21th august 2014 - Off the Metro, into the mall
  • The New Indian Express – 21th august 2014 - Hop on Metro, Shop at Mall
  • Deccan Herald – 21th august 2014 - Get off Metro, walk into mall
  • Deccan Chronicle – 21th august 2014 - Footbridge connecting Sampige Metro, Mantri Mall Opened
  • Vijaya Karnataka – 21th august 2014 - Metro Station to Mall Connecting Bridge Inauguration, an attempt to increase the usage of Metro Rail Services.
  • Prajavani – 21th august 2014 - Metro Connection Bridge Begins
  • Vijayavani – 21th august 2014 - Connectivity from Metro Station to Mantri Mall
  • Udayavani – 21th august 2014 - From the Metro Station to Mall, Bridge to multiple floored building
  • Samyuktha Karnataka – 21th august 2014 - Mantri Mall Connecting Bridge Inaugurated
  • Dakshin Bharath – 21th august 2014 - Entry to Metro Station straight from Mantri Mall Begins
  • Rajasthan Patrika – 21th august 2014 - Private Companies can construct Metro Stations
  • Eenadu – 21th august 2014 - Metro to Mall Rouge Begins
  • Andhra Jyothi – 21th august 2014 - Metro station to Mall
  • Saakshi – 21th august 2014 - Shopping Mall to Metro Rail Connecting Bridge
  • The Times of India – 21th august 2014 - BMRC open to private players building metro stations
  • This Week Bengaluru - 21th august 2014 - Mantri Square Creates an Unique Shopping Experience
  • Press Release Watch – 21th august 2014 - New Connecting Bridge between Sampige Road Metro station to Mantri Mall opened
  • Silicon City News – 21th august 2014 - Mantri Square Creates An Unique Shopping Experience
  • Chennai Patrika – 21th august 2014 - Mantri Square Creates an Unique Shopping Experience
  • News Superfast – 21th august 2014 - Mantri Square Creates an Unique Shopping Experience

July 2014

  • Financial Chronicle – FC Build – 17th July 2014 - Serene Offer 143 flats in fast growing Chennai
  • Deccan Herald – 14th July 2014 - Shaped by Smartness
  • Tribune – 12th July 2014 - Launch Pad
  • The Hindu - Habitat – 12th July 2014 - Mantri Comes to Chennai
  • FC Build – Financial Chronicle – 10th July 2014 - Mantri unveils luxury project at Bengaluru’s Manyata tech park
  • Samyukta Karnataka (Edition: Karnataka) – 5th July 2014 - CREDAI announces youth wing for 2nd generation developers
  • Hindu Business Line (Edition: National) – 3rd July 2014 - CREDAI youth wing

June 2014

  • Economic Times – The Concrete Czars of Bengaluru - 26th June 2014 - Mantri Developers: Changing the cityscape with cutting-edge innovation
  • The Hindu – Habitat - 22nd June 2014 - Looking up to the Sky
  • Tribune – 21st June 2014 - Mantri Lithos in Bengaluru
  • Deccan Herald - 20th June 2014 - Let's retire in style
  • The Hindu - 14th June 2014 - Looking Up to The Sky

May 2014

  • Times Property(Edition: Hyderabad) - 10th May 2014 - Secunderabad Ahoy
  • DNA - 6th May 2014 - Young guns blazing: 27, average age of home buyers in India

March 2014

  • - Women to play major role in real estate
  • Property Weekly -12th march 2014 - The Virtual World
  • Sunday Times (Times of India) - 9th march 2014 - Retiring in the City Retiring in the city
  • Vijay Karnataka - supplement ‘Lavalavike’ - 8th march 2014 - Only a woman can build a home!

January 2014

  • DeccanChronicle -12th January 2014 - Snehal Mantri's six steps to success

February - 2013

  • Times of India- 19/02/2013- Laughter therapy
  • New Indian Express- 19/02/2013- A comic treat
  • The Hans India- 19/02/2013- Get rid of my wife
  • Eenadu- 19/02/2013- Get rid of my wife
  • Sakshi- 19/02/2013- Get rid of my wife
  • Online- 19/02/2013- Get rid of my wife
  • Online- 19/02/2013- Get rid of my wife
  • Online- 19/02/2013- Get rid of my wife
  • Online- 19/02/2013- Get rid of my wife
  • DNA- 16/02/2013- New CFO announcement
  • Deccan Herald- 16/02/2013- New CFO announcement
  • Online- 16/02/2013- New CFO announcement

January - 2013

  • Hindustan Times- 19/01/2013- Developers win Sustainability awards
  • The Hindu-Property Plus- 19/01/2013- Sustainability award
  • Times of India-Times Property- 19/01/2013- Award for Mantri
  • Sakal Times- 20/01/2013- Mantri Developers bag CII-ITC’s award
  • CNBC(Video)- 19/01/2013- CII-ITC Sustainability award
  • Deccan herald- 16/01/2013- Mantri awarded for Sustainability
  • Asian Age- 18/01/2013- Mantri Developers bag CII-ITC’s award
  • Daily Salar- 18/01/2013- Sustainability award
  • Sakshi- 18/01/2013- Sustainability award
  • Chronicle- 18/01/2013- Mantri Developers Bags CII-ITC Award
  • AJ- 17/01/2013- Sustainability award
  • DNA- 12/01/2013- Real Estate Front in 2013
  • Financial Times- 13/01/2013- Augmented Reality Gets Real for Koramangala
  • Financial Times- 13/01/2013- Koramangala Home to Tech Savvy People


  • DNA- West Bengaluru real estate market comes of age
  • Realty Plus- Mantri Developers To Provide 'Augmented Reality' App For Home Buyers
  • Realty Plus- Brand Czarina
  • ACE Update- 28/12/2012- Indian Real Estate


  • The Hindu- 17/11/2012- Sushil Mantri Recognition
  • The Hindu- 17/11/2013- Sushil Mantri empanelled in core IGBC team
  • CNBC Awaaz- 24/11/2013- Panel Discussion
  • CNBC TV- 24/11/2012- International Golf Challenge Tournament
  • NDTV Profit- 24/12/2012- Story on Smart Homes


  • The Hindu- 10/2012- On the home stretch
  • Hindustan Times- 10/2012- Pragmatism can take you places
  • Hindustan Times- 10/2012- I look for those who seek challenges


  • The Hindu- 08/09/2012- For a 3-D view of your house
  • TOI- 08/09/2012- Mantri Developers and TELIBrahma launch a 3D mobile application
  • C & A magazine- 09/2012- Reality Reforms
  • C & A Magazine- 09/2012- Speed up the approval processes
  • C & A Magazine- 09/2012- Cover Feature
  • 09/2012- Woman of Gold


  • NDTV Profit- 18/07/2012- Bangaluru's Infra Woes - Mr. Sushil Mantri - MD, Mantri Developers on NDTV Profit "The Property Show"
  • 07/2012- Mantri Developers Conferred with ISLQ Award for Quality
  • 07/2012- A festival of Dance


  • Chronicle- 26/06/2012- Taking on the MANTLE
  • 06/2012- Luxury Special Apartments
  • 06/2012- Realtors Build Classrooms too
  • 06/2012- In the Lap of Luxury


  • TOI- 02/05/2012- Proposed building norms will raise property prices
  • Construction World- 05/2012- Mantri collaborates with Cisco
  • 05/2012- Faster Approvals by Authorities will make Homes Cheaper by 20-25%
  • Marwar Magazine- 05/2012- Taking an unconventional route-1
  • Marwar Magazine- 05/2012- Taking an unconventional route-2


  • New Indian Express- 14/04/2012- Mantri Join Hands with Cisco to Drive Urban Development in India
  • Times of India- 01/04/2012- Mantri Developers appoints Cisco as its strategic ICT partner
  • The Hindu- 29/04/2012- A Smart Move to Tap the Young Home Buyer
  • 04/2012- Smart Urban Development - Buildotech Magazine
  • 04/2012- Mantri has been featured in the cover story 'Bengaluru's Super Rich Homes'


  • 08/03/2012- Mantri, Cisco in pact
  • 08/03/2012- Mantri MoU with Cisco
  • The Hindu- 29/04/2012- Even james Bond will feel at home
  • 08/03/2012- Smart home are gathering pace
  • 08/03/2012- Cisco, Mantri to build smart homes
  • 03/2012- Cisco proposes education, healthcare partnership


  • The Hindu- 01/2012- A year to cherish
  • Deccan Herald- 01/2012- Builders embracing innovative construction technology to cut cost
  • New Indian Express- 01/2012- Tapping New Talent

December 2011

  • Property Outlook- 12/2011- Luxury Housing in India
  • 12/2011- Project Brief Mantri Pinnacle
  • Times of India- 22/12/2011- Realty check shows buyers have array of good choice
  • Times of India- 17/12/2011- Assured returns: go for it if product is good
  • TOI- 08/12/2011- More launches, higher absorption
  • 12/2011- Homes in the Sky


  • 11/2012- Childrens Day Special
  • 11/2012- Fun Learning Mark Childerns Day
  • 11/2012- Childerns Day For Unprivileged Students
  • 11/2012- Special Day for Special People
  • 11/2012- A lovely gesture
  • 11/2012- Web News wire


  • Mid-day- 10/2011- Mantri Developers keen on Seva
  • 10/2011- Web news wire
  • HT ESTATE- 29/10/2011- Builder's block
  • Times of India- 28/10/2011- Metro will Push Property Prices Up


  • Hindu Business Line- Balancing rates and costs


  • 05/2011- Mantri Espana Construction
  • Deccan Herald- 20/05/2011- Mantri's new resedential project


  • 03/2011- Find your 'real' calling
  • 03/2011- Development based on VALUES
  • 03/2011- Silver Award for Best Corporate Identity category
  • 03/2011- Bronze Award for the Best Corporate Website


  • FC-Build- 10/02/2011- Mediterranean style living soon in Bengaluru


  • 01/2011- Scaling new heights
  • The Hindu- 01/01/2011- Award for mall
  • Indian Express- 25/01/2011- Innovation at its best
  • 01/2011- Mantri Pinnacle
  • Realty Plus- 20/01/2011- Mantri Square bags Best Retail Project of 2010

December 2010

  • Living in Luxury
  • Mantri set to alter Bengaluru skyline
  • City's tallest tower in 3 years


  • Promising Mantri Developers


  • Mantri unveils new logo
  • Mantri's new logo relevance


  • 06/05/2010- Mall with a difference
  • The new temples of a changing Bengaluru


  • New Indian Express- 17/04/2010- Mantri Square to have metro connectivity - Chennai.
  • Metro Rail Project complete by 2013 - Bengaluru, Andhra Jyothi, April 16, 2010.
  • Deccan Herald- Work on Sampige Road Metro station begins - Bengaluru.
  • Metro will crisscross the city by 2013 - Bengaluru DNA.
  • Hindu Business Line- Namma Metro - Bengaluru.
  • Metro Rail Project - Bengaluru, Rajasthan Patrika.
  • Metro Rail Project by 2013 - Bengaluru, Sakshi.
  • Namma Metro Ready at 2013 - Bengaluru, Sanjevani.
  • Metro Project 2013 Complete : CM - Bengaluru, Udayavani.
  • Metro Rail Station Project - Bengaluru, Vijay Karnataka.


  • Magic of Malls - Hyderabad, Suriya Telugu Daily, March 29, 2010
  • The Hiltons may have a date here - Bengaluru - DNA, March 28, 2010 Mr.Sushil Mantri, Chairman and MD, Mantri Developer, tells Raj Sethia, Director, Gangotree, speaks of the city's changing skyline
  • Shop at Mantri - Chennai, New Indian Express (INDULGE), March 26, 2010 - One of the largest mall in the country, Mantri Square opens in Bengaluru
  • Maal-a-mall for Malleswaram! - Bengaluru, Deccan Chronicle, March 25, 2010: One of the city's oldest residencial area has now got a facelife thanks to the new malls
  • Mantri launches India's biggest Mall - Chennai, FC estate: Mantri Developers has opened Mantri Square arguably the largest mall in India spread over 1.7 million sqft at sampige road, Malleswaram, Bengaluru
  • Bengaluru - Hindu Business Line - March 21, 2010: With 252 retail outlets, the mall has brought international, national and even local brands, literally to the doorstep of the Malleswaram, Bengaluru.
  • Mall Wonder - Bengaluru - DNA, March 20, 2010: Standing over 1.7 million sft, the largest mall in the country, the Mantri square, will soon will have the metro station in it the where the passengers will alight from public transport and find themselves inside a mall.
  • System with single-window approval could help - Bengaluru – DNA: Bengaluru hasn't seen the kind of slump seen in other metros. The market has been healthy because of the end users' capacity to buy.
  • Mantri Developers opens mall in Bengaluru - Delhi, The Hindu: Mantri Developers has opened Mantri Square, the largest mall.
  • Shusil Mantri:All on a Page - National - Forbes India: Eight or nine years ago, One Page Management: How to use Information to achive Your Goals (Riaz Khadem,Robert Lorber,pat Golblitz) was gifted to me and I thought it was superb.
  • Mantri developers launch India's largest mall - Delhi, Ht Estates: Mantri Developers announced the opening of Mantri Square - the largest mall in India
  • MALL MANTRA - Bengaluru, Deccan Herald, March 19, 2010: Commercial Real Estate shopping space spread across 1.7 million square feet, Asia's biggest mall has come up in Bengaluru.
  • Mantri plans a Rs 250-crore mega project in Malleswaram - Bengaluru, Times of India, March 18, 2010: Old Bengaluru is hotting up with developers upping the ante on mega real estate projects in the area.
  • Mantri Developers launches country's largest mall in City - Bengaluru, Deccan Herald: Mantri Developers, on Tuesday, announced the opening of Mantri Square in Bengaluru, which, the company claims, is the largest mall in India.
  • Mantri Developers launches country’s largest mall in City - Bengaluru, Deccan Herald, March 17, 2010: Mantri Developers, on Tuesday, announced the opening of Mantri Square in Bengaluru, which, the company claims, is the largest mall in India.
  • Metro Stop Near the Mantri Mall - Bengaluru, Hosa Digantha, March 16, 2010
  • India's Largest Mall Mantri Square - Bengaluru, Kerala Koumudi
  • Largest Mantri Square Mall - Bengaluru, Madhyamam
  • India's Largest Mantri Square Mall - Bengaluru, Malayalam Manorama
  • India's Largest Mantri Square Mall Start - Bengaluru, Eenadu
  • Realty major, BMRCL in tie-up to develop Malleshwaram station - Bengaluru, Economic Times - Multi-Crore hub to come up in first-of-its-kind PPP Project
  • Mantri Square Mall Start - Bengaluru, Andhra Jyothi –
  • Mantri Square is Largest Mall in India - Bengaluru, Manthruboomi
  • Mantri Sqaure Mall - Bengaluru, Sanjevani
  • India's Largest Mantri Square - Bengaluru, Udayavani
  • Mantri Square in 17 lakh sq ft area - Hyderabad, Andhra Prabha
  • Mantri Developers - Hyderabad, Surya Telugu Daily
  • Mantri Developers Launches India's Largest Mall - Chennai, Malayalam Manorama


  • The Economics Times- 05/02/2010- Mantri set to roll out 6 townships

August 2009

  • Mantri bags KPL title sponsorship - DNA, Bengaluru, Aug 18, 2009
  • Seventy five lakh rupees per year was the minimum bid for title sponsorship of the Karnataka Premier League but when the bids were opened at the Chinnaswamy Stadium on Monday evening.
  • Recession may be alive and well, but Rs. 14 cr homes are still selling - DNA, Bengaluru, Aug 03, 2009.
  • A foolproof surveillance system, complete with CCTV and metal detector; an elevator that operates with biometric identity and zooms you right up into your drawing room.


  • Change with the times - Hindu Business Line, Bengaluru, Jul 05, 2009.
  • The Bengaluru-based Mantri Developers has come out with compact apartments about 20-25 per cent smaller than what was commonly sold till last year.

December 2008

  • Affordable housing is the way forward, says Sushil Mantri - DNA Money, Bengaluru, Dec 29, 2008
  • With the real estate market going through a slump, Mantri Developers is in talks with banks to raise funds to kickstart five hotel projects.
  • Kanakapura : Hot Destination in lukewarm realty? - Deccan Herald, Bengaluru, Dec 05, 2008
  • Real estate in Bengaluru is always in the news. Whether it is for the spiraling process or the supposed slowdown, As such, there is much attention to this sector.


  • Mantri may soon tie with up Hilton & Hyatt for hotel biz - Economic Times, Bengaluru, Oct 27, 2008 Mantri’s first hotel will be a five-star property in Bengaluru and land for future projects have been identified in Chennai and Pune.
  • Mantri offers clinics at its Bengaluru apartment projects - Hindu Business Line, Bengaluru, Oct 03, 2008.
  • Stretching the ambit of supper amenities that developers offer these days, Mantri Developers has tied up with Apollo Hospitals to provide telemedicine facilities for residents at its upcoming and recently completed projects in Bengaluru.


  • A global home with a local - Deccan Chronicle, Bengaluru, Aug 02, 2008
  • A Spanish style villa with Italian furniture and English construction technology bundied together and delivered under the Indian skies make a picture perfect home.


  • High price to pay - Deccan Chronicle, Bengaluru, July 28, 2008.
  • The spacious ancestral houses of the garden city are soon being replaced by the high rises with various facilities.
  • Second innings - Business India, Bengaluru, July 18, 2008.
  • Building on quality and speed SushilMantri has established himself as a leading developer in Bengaluru.


  • Amenities galore to lure buyers - Deccan Chronicles, Bengaluru, May 02, 2008.
  • Property Developers are constantly explaining new strategies to lure prospective live buyers with each project.


  • Mantri Developers plans full-fledged construction unit - Economic Times, Bengaluru, March 03, 2008 REALTY major Mantri Developers is looking to set up a full-fledged construction division.


  • Extend Benefits To Smaller Apartments - Hindu Business Line, Bengaluru, February 28, 2008.
  • The finance ministry should bring back Section 80 IA and extend the benefits to smaller apartments.
  • Mantri launches home décor arm - Economic Times, Bengaluru, February 25, 2008.
  • SOUTHERN realty major Mantri Developers’ latest venture aims of customizing apartments even before a buyer moves intone.
  • Luxury at the doorstep - Deccan Herald, Bengaluru, February 22, 2008.
  • It is said ‘Money can’t buy everything’. That may be true where emotions are concerned – but not when it comes to necessities and luxuries of life.
  • Mantri Developers gives possession before time - Hindustan Times, Delhi, February 18, 2008.
  • In a rare instance, a real estate project has been delivered to customers ahead of time.
  • Mantri Looking At Rs 2500 cr PE fund - Times Of India, Bengaluru, February 08, 2008.
  • Mantri developers plans to raise Rs. 2,500 crore through private equity deals for the development of townships across south India. The Bengaluru-based developer plans to construct 6 townships – 3 in Bengaluru, 2 in Hyderabad and 1 in Chennai – at a total cost of Rs. 5,000 crore.
  • Mantri to Tap PE route for township foray - Economic Times, Bengaluru, February 08, 2008:.
  • AS SOUTHERN realty major Mantri Developers firms up plans for its proposed township development foray, the company is looking to tap the private equity route to part – fund the venture.

December 2007

  • Overseas property boom - Emirates, December 15, 2007:
  • Mantri Espana, the Spanish-style Mantri development is priced from Dirham 2 million for a four-bedroom apartment to Dirham 9.5 million for the five bedroom option.


  • Mantri sees Hyderabad, Chennai driving realty boom - Bengaluru, October 22, 2007:
  • The built-up area in Chennai and Hyderabad under construction is much larger than Bengaluru
  • Mantri to invest Rs 5,000 cr to develop townships across four cities - Chennai, October 08,2007:
  • Bengaluru - Headquartered realty major Mantri Developers is gearing upto foray into developing townships.


  • Mantri Altius has bagged the 'Best Residential Property in India' award - Mumbai, August 17, 2007:
  • Mantri Altius, was adjudged the Best Residential Property in India, at the prestigious CNBC CRISIL Real Estate Awards function held at the Taj Lands End, Mumbai. Mantri competed with the largest real estate companies in India.
  • Swish Sanctuary - The Week, Bengaluru, August 05, 2007:
  • Land prices in Bengaluru are soaring. And the skyline looks like a graph for this rapid boom. No literature on Bengaluru’s elite living spaces can be complete without a feature on the supposed most exclusive set of apartments built in the city yet – the Mantri Altius.


  • This is their ‘Storey’ - The Hindu, Bengaluru, June 16, 2007:
  • Mantri Developers has bagged nine first prizes and four second prizes this year in the Mysore Horticultural Society Awards. Mantri Pride, Mantri Gardens, Mantri Elegance, Mantri Classic, Mantri Elite, Mantri Residency, MantriSarovar, HO and MantriGiridhama triumphed with the first places.


  • Mantri eyes Chennai realty - Deccan Chronicle, Chennai, May 28, 2007:
  • After establishing its strong presence with 18 projects in Bengaluru, Mantri Developers is foraying into the booming real estate market in Chennai with an investment of Rs 500 crores.
  • Mantri Developers plans projects worth over Rs. 1000 cr in next three years - Business Line, Chennai, May 27, 2007:
  • The Bengaluru-based Mantri Developers Pvt. Ltd. which announced the launch of its first residential project here plans to invest Rs. 1000 crore in Chennai and Hyderabad in the next three years.
  • Mantri to invest Rs. 500 crore in Chennai Realty - Business Standard, Chennai, May 27, 2007:
  • After Hyderabad and Pune, Bengaluru-based Mantri Developers, is entering the Chennai market, with a coffer of Rs.500 crore to be invested during the current financial year. The company plans to come up with three residential projects in the current year in Chennai alone.
  • Mantri Developers forays into Chennai - The Hindu, Chennai, May 26, 2007:
  • Mantri Developers Pvt. Ltd., a well-known name in the Bengaluru real estate world, has signaled its foray into Chennai by announcing its maiden real estate venture here.

February 2007

  • Developers carve a new ‘asset’ class for super-rich - Mantri sees takers for 1,000 such high-end apartments in a year. - THE HINDU, BUSINESS LINE, Bengaluru, February 23, 2007:
  • Mantri pioneered the concept of high-end invitational apartments with its premium residential project ‘MantriAltius’ last year. The trend has caught on and is gaining increasing popularity.
  • Mantri eyes IT belt - THE HINDU, Hyderabad, February 17, 2007:
  • Mantri Developers has set aside Rs. 500 crores for its residential projects in the city
  • Mantri Developers to boost presence in hotel sector - THE HINDU, BUSINESS LINE, Hyderabad, February 17 2007:
  • Mantri Developers plan to have 8 hotels under their banner by 2010.
  • Mantri to invest up to Rs 500 cr in Hyderabad - THE HINDU, Business Line, Hyderabad, February 10, 2007:
  • Mantri Developers, the Bengaluru-based real estate major, has decided to invest up to Rs 500 crore in a slew of projects in Hyderabad during the financial year 2007-2008.


  • Shape of things to come in 2007 - DECCAN HERALD, Bengaluru, January 5, 2007:
  • Mr. Sushil Mantri shares his foresight on the Real Estate Trends that will begin to develop this year.

December 2006

  • Mantri Altius: the costliest residential building in Deccan - VIJAY TIMES, Bengaluru, December 28, 2006:When rating the best residential complex, the unanimous decision was Mantri Altius. The reason: It offers.
  • Mantri Developers diversify into the school sector - BUSINESS INDIA, Bengaluru, December 3, 2006: SushilMantri is proud of his recent project, the Indus International School, located on the outskirts of Bengaluru.
  • An organised approach to buying houses - DECCAN HERALD, Bengaluru, December 01, 2006: Mr. Mantri writes about an easy step-by-step method of buying your dream home.


  • Mantri unveils Mantri Altius luxury apartments - DECCAN HERALD, Bengaluru, September 2, 2006:
  • Mantri Developers have announced the launch of Mantri Altius situated on Raj Bhavan road.


  • Mantri developers line up Rs 1,000 cr for new malls - BUSINESS STANDARD, Bengaluru, May 17, 2006:
  • Mantri forays into the Retail Sector


  • Bengaluru realtors now think big - THE ECONOMIC TIMES, Bengaluru, March 20, 2006:
  • Mantri concentrates on only largely – format townships in future, with minimum size of 30 acres.
  • Mantri adopts Mahadevapura lake - DECCAN HERALD, Bengaluru, March 3, 2006:
  • Mahadevapura lake, a 30 acre rain water body has been saved from becoming a part of the ‘vanishing lake species’ of Bengaluru by Mr. Sushil Mantri, MD, Mantri Developers.
  • Morgan buys stake in real estate firm - THE TELEGRAPH (CALCUTTA), Mumbai, March 1, 2006:
  • Mantri Developers is planning to use the fund to spread its wings across south India.
  • Morgan Stanley enters realty sector - THE HINDU BUSINESS LINE, Mumbai, March 1, 2006:
  • The US-headquartered investment bank major Morgan Stanley has forayed into India's booming real estate sector by investing Rs 300 crore (around $68 million) in Mantri Developers Pvt Ltd.


  • Mantri's mantra for trust and confidence - DECCAN HERALD, Bengaluru, February 10, 2006:
  • PQRST is the core mantra used by Mantri Developers in all their activities, starting from purchase of land to selling property to clients.

October 2005

  • Better workplaces for city sought - VIJAY TIMES, Bengaluru, October 25, 2005:
  • Mantri Developers renovate the Malleswaram police station at the cost of Rs 45 lakhs. It was finally inaugurated...
  • Exclusive high living for rich and famous - THE HINDU, Bengaluru, October 8, 2005:
  • Luxury and aesthetics will be the hallmark of the building...
  • Super-premium flats only for `handpicked' clients - THE HINDU BUSINESS LINE, Bengaluru, October 5, 2005:
  • At Rs 10,000 per sqft, these homes will be talked-about not just for their pricing, but for the way they were `sold' to each owner...