Mantri Township - Bangalore + Hyderabad + Chennai + Pune

Mantri Developers has set a Billion Dollar aggressive township development plan in Bengaluru, Chennai, Hyderabad and South Pune. This is a 5 year plan to develop aggregate space of 100 million sft.

Mr. Mantri said,

We intend to float special purpose vehicle to execute each project. We are looking at foreign direct investment in the SPV and will invite PE majors to invest in the same as and when necessary. City outskirts are witnessing exponential growth owing to improving social infrastructure. With cities getting choked, developing townships outskirts is the only way for de-congestion.

Mantri has a huge land bank in Bangalore - 1,500 acres. While in Hyderabad its 350 acres. In Pune and Chennai they have 200 acres in each city.