Mantri Webcity

Mantri Webcity

Project Highlights

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Real Estate
  • Location
  • Price/Plans
  • Amenities
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  • Apartments Project
  • Mantri Webcity
  • Launched
  • Mantri Devolopers
  • Hennur main road
  • Southern Asia Bible College
  • 2800 Units
  • 40 Acres
  • Rs. 71.68 lakhs
  • Rs.5,990/sft
  • Built up area 950 -1740/sft
  • 2 and 3 BHK
  • 22 Towers
  • 20 Floors
  • Posession by 2018 End
  • Approval Authority BBMP
  • All Major Banks Approval

Latest Projects

Mantri Webcity
4.6, 5votes

Mantri Webcity by Mantri Developers                                

Mantri Webcity is one of the most innovative ongoing project by Mantri Developers, located at Hennur Main road, North Bangalore.Mantri Webcity is the first techno residential project inspired by new age technologies like Nano technology, robotics, cloud computing etc. It’s a project with perfect blend of technology & comfort.

We are leveraging technologies to bring in unique experiences to our residents with installation of intelligent and interactive features like interactive elevators, digital foldable screens, digital library, Music Walls, Water clocks, etc… this would change the way you dreamt about your living spaces.

Sprawling over acres of land, nested in the nexus of IT firms and other companies, aesthetically designed homes infused with web elements, one of its kind landscaped gardens, pavements, ornate fountains, acres of greenery, tweet parks and many more such things in the web city would leave you awestruck & revolutionize the way you socialize, enjoy, explore and innovate.

Mantri Webcity FAQ’s

1) Where and what is Mantri Webcity?

Mantri Webcity project is a Techno residential development off Hennur main road Bengaluru with 22 Towers set in part of 44.26 acres of land, having 20 floors with a total of 2800 apartment units.

2) What are the key features of the property?

It consists of well planned techno residential development. It is a strategically located off Hennur main road, comprising of smartly designed apartments with the best possible premium amenities. It has a combination of 2 and 3 Bedroom Apartments to pick and choose from.

3) What are the different types and sizes of apartments?

Type             Area in Square feet

2 BHK           950, 1010, 1108

3 BHK         1445, 1740

4) Is this a phased development? What is the timeline for completion?

Yes, This is a Phased development and the completion duration will be 3 years from the launch date.

5) Which is the nearest land mark to this project?

South Asian Bible College is the nearest land mark.

6) What is total Land area?

Project covers 44.26 Acres of development area.

7) What is project Pre Launch Date?

April 2013.

8) When is project Launch date?

November 2012.

9) When is the possession date?

2018 End.

10) What is project completion time frame?

The project might be completed within 4 years from the date of launch.

11) Is this project Vastu complaint?

No, the project is not vastu compliant.

12) Is the model flat available? Can we have a look at it?

Yes, The model flat of 3 BHK is being constructed. One can visit the site to view the model flat.

13) What are the different face available of 2 and 3 BHK?

2 and 3 Bedroom units are available in all facings of East West North as well as south.

14) How much I should pay on agreement?

The amount to be paid on agreement is 15% on sale value.

15) Is there any differential pricing based on the floors or orientation of apartments?

Premium charges are applicable as per units. Also there will be a floor rise of Rs.30 per floor.

16) Is there a Clubhouse? What is the Size of Club House?

Yes, The size of the club house is 45,000 Sft.

17) How are installments to be paid and is it time bound?

No, it’s not time bound payment rather it is construction linked payment.

18) When does the development start and when can I expect to move into my new home?

Construction is already in progress, and one can move into the new home depending on completion of different parcels.

19) Which Govt. body has sanctioned the plans? Bank Approvals

This project is BBMP approved, with all major banks approvals.

20) What will be the scope of maintenance?

First years maintenance will be from the builders and later on it will be handed on to the association.

21) What will be the price appreciation at possession?

The price appreciation at possession would be Rs.7000/Sft.

22) What is height of the roof?

The height of the roof would be 10 Feet.

23) What is the Carpet area? 

The Carpet area is 75 % of SBA.

24) What is the open space?

The project has 70% of the open space.

25) What if I need additional car?

The parking space for the additional car will be allotted at the time of agreement.

26) What is service tax and registration cost?

The service tax and registration cost is 6.6% of agreement value.

27) What Khatta is this?

This is ‘A’ Khatta property.

28) Will I get Occupational Certificate?

Yes, the Occupational certificate will be allotted at the time of Possession.

29) Can I do some modifications?

No, the modifications to the architecture are not allowed.

30) Is payment in Cash accepted?

No, The payment should be either through DD or Cheque.

31) What will be the compensation on delay?

Delay compensation would be as per the bank rate of interest on the basic sale value.

32) What will be the lock-in period?

Lock-in period will be for 2 years.

33) What will be the transfer charges to the builder? And will the builder buys the unit back?

The transfer charges will be 4% on the basic sale value and the detail regarding builder buying back the unit is not been disclosed.

34) What will be the cancellation charges?

The cancellation charge would be 10% after agreement. And 1% before agreement.

35) What about Car parking space?

The space allotted for the car parking will be sufficient for One covered car park.

36) What is the process of registration and when does registration take place?

The registration process would take place two months before the possession date.

37) How many lifts are available on each tower? And how big is the service lift?

Each tower has two lifts and 1 service lift.

38) How is Water facility and Source of Water?

The Primary source of water is Cauvery and the secondary source is bore well water.

39) What are surrounding and upcoming developments in nearby?

Peripheral Ring road is planned which connect electronic city, Whitefield, Tumkur road & Hennur road.

40) What will be the UDS of project?  

The UDS of the project are not yet disclosed.

41) Can I have Discount on prices?

Best Timely Offers are available with Mantri when it comes to the price.

42) Where is the nearest metro station to the project?

Phase 3 is planned but Nagavara Station will be the nearest metro station.

 Mantri Webcity Key Location and Distances:

Location Map
  • Nearest Bus Station Kothnur Stop
  • Nearest Metro Station Nagavara Stop
  • IT Hub Manyata Tech Park
  • Mg Road 7.1 Kms
  • Bangalore International Airport 32.4 Kms

 Mantri Webcity Floor Plans:

Master Plan
Unit TypeArea in SftPrice per SftPricesFloor Plans
2 BHK1155Rs.5,990Rs. 71,68,450View Floor Plan
2 BHK1385Rs.5,990On RequestView Floor Plan
3 BHK1445Rs.5,990Rs. 89,55,550View Floor Plan
3 BHK1740Rs.5,990Rs. 1,07,22,600View Floor Plan
* Above Prices are excluding Car Parking + Registration and Other Charges
Booking Amount
2 BHK:
3 BHK:

Mantri Webcity Amenities:

Landsaped Garden, Jogging Track, Party Hall, Indoor Games, Swimming Pool, Departmental Store, Children’s Play area, Amphi Theater, Senior Citizen park, Gymnasium, Squash Court, Badminton Court.

Mantri Webcity Neighborhoods

About the Builders:

Mantri Developers Pvt Ltd. In the supremely dynamic and competitive sphere of property development, one name has consistently been a trail blazer, setting the trends for others to follow. The innovation-led, future-focused Mantri Developers Pvt. Ltd.Established in 1999 by Mr. Sushil Mantri, the company has been the pioneering force behind the rapidly changing skyline of south India, with developments that span the residential, retail, commercial, education and hospitality sectors

 

Home Buyers Team
By Home Buyers Team May 5, 2014 17:28 Updated
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  • Jaxon-Philips

    I booked a 3bhk apartment with Mantri at the Webcity project and also paid a sum of Rs.1, 00, 000. Even after 2 months there was no developments in the paper work and all our requests to make minor changes to the apartment and the documents were declined. The draft document that was sent had everything in favor of the Developer and in case we failed or delayed a payment it would cost us dearly.
    There was nothing holding the Developer responsible.
    I discussed with my lawyer and he recommended that I get out of this project, since there are 1000s of unhappy customers in multiple projects of Mantri. When initially booked the apartment, they said if there were any issues on Mantri’s side they would refund the amount immediately.
    When I actually cancelled the booking, they do not want to refund the money and now say that they will only pay it back once they have sold that particular unit.

    I will be raising a complaint with RERA and I’m willing to spend Rs.1000 for it aswell.
    Anyone thinking of purchasing Mantri Apartments, please understand that they do not have funds and are waiting for your money to proceed. Eventually, they will go bust because of RERA penalties. Once they go bust, all ongoing projects will stop and all the customers who have put their money in Mantri expecting to get an apartment after a few year will be running pillar to post trying to get a legal solution. Trust me, Mantri Management will escape and the customers will remain unhappy.