Mantri Developers - Bangalore Image

Mantri Serenity Delays and management indifference

37% 1 428 Votes Claim this business
OTP Verification

Enter 4-digit code
vikasshah30
Beginner Badge
The perfect badge to start on MouthShut.
Learn morex
Bangalore India

Mantri Serenity Delays and management indifference
Jun 23, 2017 02:28 PM 67695 views

Customer Service:

Staff Courtesy:

Product Implementation Rate:

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



How useful was this review (Rating Breakup)

Click to rate!
Very Useful (100%)
Click to rate!
Useful (0%)
Click to rate!
Not Useful (0%)

Comment on this review

Comments on Mantri Developers - Bangalore Review

Hi Vikas.. would like to connect with you.. we are also having same situation. would like to discuss and see what we can do to get rid of this.. Mantri should pay Pre-emi or return our money back.
pls reach out to me 991619988

By: ary15 | Oct 06, 2017 09:18 PM

HI Vikas,

In which block you have purchased? Are they not giving you interest under RERA?

By: nileshpancholi | Nov 06, 2017 01:13 PM

Hi @ary15, your phone no seems to be incorrect, its 9 digit.

By: nileshpancholi | Nov 06, 2017 01:14 PM