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PropertyLensBengaluru · invest
Financial & legal due diligence · public record · 18 Oct 2026

Mantri Webcity2A

Mantri · Hennur Road / Kothanur / Kalyan Nagar · Hennur Main Road, , Near Southern Asian Bible college

Promoter entityMantri Developers Private Limited
Entity type · PANCompany · AAACG4009N
Developer brandMantri · #19 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/310/PR/171015/000608
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankBank of Baroda, Altamount Branch, Mumbai
Land5.3 acres
Court cases declared0
Complaints at K-RERA77 on this project · 170 on the promoter
Record fetchedSep 2026
3 red flags0 to watch3 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/171015/000608. Prices and rents are locality estimates, not verified listings. This report records what the Karnataka RERA file, the promoter’s quarterly filings, the complaint register, public credit ratings and company filings say. It states facts and flags them; it does not judge the investment. Prices, returns and the investment score live in the separate full report.

Financial & legal due diligence

What the public record says

Automated from the Karnataka RERA file PRM/KA/RERA/1251/310/PR/171015/000608. Prices and rents are locality estimates, not verified listings. Compiled Sep 2026 from the Karnataka RERA file, company registers, rating agencies, tribunal records and press. Facts only; anything that deserves a written answer before signing is flagged.

3 red0 watch3 positive
Delivery timeline7/10
a registration completion date has already passed (−2)
Legal & complaints6/10
77 RERA complaints on the project (−3)
Money to finish8/10
finance cost is 0% of the registered budget
Developer strength5/10
no public credit rating for the promoter

Meters are rule-based from the RERA file and public ratings (rules shown under each), not opinions.

Registration
PRM/KA/RERA/1251/310/PR/171015/000608 · Mantri Developers Private Limited
Past RERA date
RegisteredMar 2013Original completionFeb 2020TodaySep 2026
Construction52%
registration-time status
Collected (at registration)₹164.21 Cr
Spent₹172.22 Cr
Balance with promoter₹0
Delay declaredNo
No litigation declared77 complaintsEscrow: Bank of Baroda
Credit ratings of the people behind it

No public credit rating located for the promoter.

Mantri Developers Private Limited: no public rating located

Complaints & disputes on record
On this project77– open
On the promoter entity170all projects
Court cases declared0no stay recorded
At a glance
On its original RERA date

On its original RERA completion date: 2020-02-28

52% built

52% built per the latest filing

77 RERA complaints

77 RERA complaints on this project; 170 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹281 cr — where it goes
Land ₹100.2 cr · 36%Construction & on-site ₹180.3 cr · 64%
No litigation declaredBorrowing declared: not statedEscrow at Bank of Baroda

Red flags to resolve in writing

1
Timeline

RERA completion date 2020-02-28 has passed without a completion application.

2
Timeline

77 K-RERA complaints on this registration.

Questions to put to the developer before you sign

  1. Share the latest CA Form 4 and architect Form 5 with the escrow deposit ratio.
  2. Confirm the price list, floor-rise and other charges for the exact unit.
  3. Which date is contractual — 2020-02-28 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line1 sections · 10 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/310/PR/171015/000608 · promoter Mantri Developers Private Limited (Company) · Proposed Project End Date at the time of registration :
Dates
Start 2013-03-04 · original completion 2020-02-28 · no extensions · current date has passed
Progress
52% complete per registration-time status
Registered cost
Total ₹281 cr · land ₹100 cr · construction ₹180 cr
RERA bank account
Bank of Baroda, Altamount Branch, Mumbai (70% construction account)
Money at registration
collected ₹164 cr · used ₹172 cr · balance ₹0.00 cr · delay declared: No
Land & towers
5.30 acres (21,448 sq m) · F 147 homes, 22 floors; G 147 homes, 22 floors; H 147 homes, 22 floors; J 147 homes, 22 floors
Litigation declared
None declared in filings
K-RERA complaints
77 on this registration · 170 on the promoter entity across all its projects
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/310/PR/171015/000608, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/310/PR/171015/000608 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/310/PR/171015/000608 (registration file, quarterly updates, complaint register), fetched Sep 2026.

Caveats. Automated analysis: prices, rents and travel times are estimates until listings and Maps data are verified. RERA figures are the promoter’s own filings. Nothing here is legal, tax or investment advice.

PropertyLens · property-lens.ai · Facts are transcribed from public records as filed by the promoter and the regulator; figures on RERA certificates are promoter numbers certified on unaudited books. Absence of a court case or insolvency filing in these sources is not proof that none exists. Verify title, approvals and encumbrances with a lawyer before you sign. Nothing here is legal, tax or investment advice.
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