India's Top Builders: Mantri Developers

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India's Top Builders: Mantri Developers
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India's Top Builders: Mantri Developers

01 Sep 2011
Firsts come naturally to Bengaluru-based Mantri Developers, who introduced tele-medicine for residential properties and gave customers a bare shell, allowing them to customise their homes as per their desires. Under the stewardship of Sushil Mantri, Chairman and Managing Director, the company focuses on homes, IT parks, retail spaces and educational institutions. To date, the company, which operates in Bengaluru, Chennai, Hyderabad and Pune, has built over 10 million sq ft, with another over 8 million sq ft under various stages of construction. With ISO 9001:2008, ISO 14001:2004, OHSAS 18001:2007 and SA 8000:2008 certifications, Mantri follows international standards of quality, environmental management, occupational health and safety, and social accountability. With all the bases covered, customers have only question: what will this innovator do next?

Our company is identified with...landmark projects that are an excellent combination of elegance with functionality with superior design and quality construction.

Our mission statement build and deliver a cumulative 34 million sq ft by 2013 and ensure our developments command a premium greater than 10 per cent in the market.

The corporate philosophy we work a unique PQRST (Punctuality, Quality, Reliability, Speed, and Transparency) value framework that puts the customer's concerns at the heart of all that we do.

The project that laid our Mantri Altius that raised the bar for luxury apartments in Bengaluru and won 'The Best Residential Property in India' at the CNBC CRISIL Real Estate Awards in 2007.

Landmark projects developed by us include...Mantri Altius, Mantri Pinnacle and Mantri Square.

Our dream projects are...Mantri Square, the largest retail mall in India, and Mantri Pinnacle, the tallest residential tower in South India.

Our 'green' commitment...includes developing green spaces and restoring parks in Bengaluru; improvement of Mahadevapura Lake; and ensuring all future projects are green buildings that save electricity and incorporate rainwater harvesting

Our most important assets...are employees, both past and present.

My leadership has enabled the company to...achieve the highest stature in professionalism, quality controls and integrity in the realty sector in Bengaluru.

I owe the company's success to...a consumer-centric approach with six key differentiators: on-time delivery, highest carpet area, home care, creating communities, award-winning landscapes, and attention to detail. In short, we are a 360° solution.

Fact sheet:

Year of establishment: 1999
No. of employees: 350
Centres of operation: Bengaluru, Chennai, Hyderabad and Pune
Turnover: N.A.
Order book: N.A.

Sushil Mantri's take on ethics in real estate today...

"While we work together to achieve our collective goals, on an individual level I encourage all members of the developer community to work towards maintaining and building a strong reputation for the real-estate sector in India. Through transparency in all our dealings and by honouring our commitments, we will be able to sustain a professional image for ourselves."
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