Wednesday, 12 August 2015

Reviews about Leading Property Developers

Contrary to popular belief and opinion Mantri has received a lot of negative feedback. I’ve heard a number of people complaining about quality of construction especially in Residency and some in Elegance and Paradise also. Their ethics are also questioned.

First:
Mantri is forcing the owners of flats in Mantri Elegance to sign two registration papers. In order to save tax for itself (not owners), Mantri has divided flats greater than 1500 sft into two and taken approval from BDA using such plans.
The crux is that people with flats > 1500sft technically own two flats which have been combined to a single flat. Although it has made life easier for Mantri, it has complicated life for the owners - seems like the owners can apply for tax rebates only for one flat! Moreover, since the plans are not as per the approved plans, BDA can object to it anytime. Even though it'll be difficult for BDA to take any drastic measures, it may impose fines etc on the residents for bending the approved plans
People who are resisting signing two registrations are being compelled to do it - Mantri is alleging it would increase registration rates shortly!!
Additionally, lots of people who have gotten woodwork done in Mantri flats (residency, elegance) say that the carpenters are complaining about the wall alignment not being proper.
I have been speaking to owners of flats in various Mantri projects and they all seem to be echoing one thing - either make Mantri mend it's ways (it's arrogance, delivered quality, timelines etc.) or back out from the project. It is not worth paying high premium to Mantri when its construction does not live up to what it advertise.

Second:
-Rhythm project: Approvals not coming for almost a year while his less known neighbors have been getting them. There are firing noise problem from defense area as well. However location wise this project seems to be pretty good. To know more detail about Mantri Serenity Review and Mantri Developers Reviews visit website.

Source From: http://buybangalore.blogspot.in/2005/02/reviews-about-leading-property.html


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