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Entrepreneur Year Book 2014 > Real Estate book > Mantri Developers Pvt Ltd

Mantri Developers Pvt Ltd

Mantri Developers Pvt Ltd

Key Person:
Mantri is headed by Sushil Mantri, Chairman and Managing Director, Mantri Developers Private
Ltd. Mr. Mantri is the Vice-President of CREDAI (Confederation of Real Estate Developers’ Associations
of India) and an active member of the Harvard Business School alumni. Under his able
leadership, the company has completed 14 glorious years and has built world class residential
properties, IT parks, shopping malls, Office buildings and educational institutions. From displaying
architectural flair to providing an example of corporate responsibility, Mr Mantri has demonstrated
the power of his vision and the strength of his values through his actions.

Milestones:
1. Partnership with Morgan Stanley for
first ever FDI in real estate in 2006.
2. Introduced individual swimming pool
concept for penthouses in Bangalore
in 2003.
3. First to build Ultra Luxury homes with a
360 degree view in 2003.
4. First property which was sold by invitation-
Mantri Altius 2003
5. First real estate developer to sell flats on
"Carpet Area" in 2004
6. First real estate firm to sign up major
public-private partnerships (PPP) to improve
Bannerghatta Road and for development of
a Metro station with Bangalore Metro Rail
Corporation Ltd (BMRCL) in 2005
7. First to offer customization of interiors &
specifications bare shell.
8. Launched the Home Concierge in 2007: oncall
services at your door step
9. First to introduce tele-medicine for residential
properties in India in 2008
10.Established Propcare Real Estate
Management for property maintenance
support
11.Spacethetics for home decor requirements
in 2008
12. Mantri Developers was one of the first real
estate company to adopt ‘Augmented Reality’,
an application, which gives a 3-D view of the
project in 2012
13.First in real estate industry to introduce
Interactive Mannequin at the CREDAI Expo
2012
14.First to introduce Aqua Gym facility in 2012
15.One of the first realty firms to offer smart
homes in partnership with CISCO.


Vision:
Mantri Developers’ vision is based on the values
of Punctuality, Quality, Reliability, Speed, and
transparency (PQRST). The focus is now on
scaling up the operations tenfold in the next
five years. The group has identified explosive
growth in the field of real estate development
encompassing residential verticals as a key
growth area, where it is present in medium and
luxury segments and Ultra luxury segments.