Thursday, 23 July 2015

Mantri Developers Review - Mantri Lithos – Bangalore – Reviews, Location, Price, Offers, Feedback from Buyers, Group Booking and Much More

Mantri Developers Review

Mantri Lithos – Overview

Mantri Lithos”  is located just Opp to Manyata Residency- inside Manyata Tech Park-Hebbal which is unbelievable.

Manyata Tech Park is South India’s largest award winning technology park situated near Hebbal-Bangalore

New Iconic Structure
    Distinctive Angular form of the building compliments the name Lithos, meaning Rocky edges.
    Naturally ventilated & well lit Designer Apartments with Contemporary looks, designed by International Architects.
    Each core plate has four units with two units overlooking the landscaped internal courtyard and other two units gets the vanishing view of neighboring urban green.
    Pre-certified to be “Green Building“ certified.
    One of its kind of high end clubhouse which is literally submerged with green/landscaped roof.
    Undulating roof scape with terrace penthouses.

Mantri Lithos – Configuration

    6 Acres of Land Area
    8 Blocks
    528 Apartments
    G + 20 Floors
    2 BHK, 2.5 BHK & 3 BHK units

    2 BHK – 1380 Sq.ft & 1405 Sq.ft
    2.5 BHK – 1695 Sq.ft
    3 BHK – 1875 Sq.ft

Mantri Lithos – Approval Status

    BDA & BBMP approvals received
    Bank approvals received

Surrounding Developments

Knight Frank Research says Bangalore North will witness a supply of about 10,000 residential units translating into 20 million sft by the end of this year. A lot of movement towards Manyata Embassy Business Park, an IT SEZ located on the Outer Ring Road and close to Hebbal, has boosted the micro markets running along the entire stretch.

Companies like IBM, Target and Cognizant have large operations in this park. The park hosts 70,000 IT employees now and this number is expected to go up-to 1.20 lakh when the entire 18.29 million sft is developed over the next three years.

Puravankara has 70 limited edition apartments coming up in RMV II stage priced at Rs 1.47 crore onwards. Skyline Constructions is developing Waterfront, 99 customized 2-3 bedroom apartments in Yelahanka. Tata Housing has launched Aquila Heights II in Jalahalli. Nitesh Estates’ Central Park is located off Bellary Road.

Sobha Developers has launched a Mediterranean-themed township, Sobha City, on Thanisandra Main Road near Hebbal. The township comprises a mix of premium apartments and row houses with capital values of Rs 3,800 per sft and Rs 7,500 per sft respectively. The 36-acre project comprises of 1,547 units measuring 1,400-3700 sft.

“There will be close to 2,000 units of premium apartments coming up on the Hebbal-Devanahalli stretch in the next three years,” said Naveen Nandwani, director-Bangalore & Hyderabad at real estate consultancy Cushman & Wakefield.

Ravindra Pai, MD, Century Real Estate, says the scope for capital value appreciation in this stretch is attracting a lot of attention from buyers. “We have seen capital values appreciating from Rs 2,700 to Rs 3,600 in our mid market projects in the last 12-18 months. Most of the premium stock between Rs 4,500-7,000 per sft will definitely see an appreciation going forward with infrastructure development aiding growth.”

Prashanth Sambargi, partner at Mars Realty, feels the resale market in Hebbal-Devanahalli stretch will replicate the success of the Whitefield market when it’s fully developed.

Malls and hospitality projects are expected to increase the development potential in the region. Kirloskar Mall, developed by Kirloskar Systems, is expected to come up on Bellary Road in 2012. Regaliaa Buildtech is developing Elements Mall on Thanisandra Road that is expected to open in 2012. Several hotels like JW Marriott and Trident are planned around Bellary Road.

Mantri Lithos – Features

    Beautifully landscaped Gardens with water bodies.
    Outdoor Gym.
    Pick up and drop off point.
    Children’s Play Areas.
    Basket ball practice court.
    Paved garden walk.
    Jogging/Walking Trail.
    Green Building Features.
    Many other amenities…

One of its kind of high end club house which is literally submerged with green/landscaped roof.
Club house Amenities include : Health Spa, multipurpose hall, Gymnasium, Indoor Squash Court, TT Room, Billiards, Aerobics, TV room and Indoor Games.
Green roof integrates the clubhouse as a landscaping element into the aesthetics of the design while reducing heat gain.

About BuilderEstablished by Mr. Sushil Mantri in 1999, Mantri Developers is one of India’s leading real estate developers building world class residential properties, IT parks, shopping complexes, commercial buildings and educational institutions.
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