Mantri vs Adarsh Developers
35 Bengaluru projects from Karnataka RERA filings, as of September 11, 2026.
Adarsh Developers has the better delivery record; Mantri's projects score higher on investment merit
From Karnataka RERA filings: Mantri 18% of registrations needed no extension with 15 of 15 under-construction projects past their original date and 170 promoter complaints; Adarsh Developers 39% of registrations needed no extension with 12 of 16 past date and 24 complaints. Median project score: Mantri 46, Adarsh Developers 46. Judge the specific project, not just the brand.
Side by side
| Measure | Mantri | Adarsh Developers |
|---|---|---|
| Projects analysed | 18 | 17 |
| On-time rate (no extension filed) | 18% | 39% |
| Under construction past original RERA date | 15 of 15 | 12 of 16 |
| Average months overdue (late projects) | 52 | 29 |
| Extensions filed | 25 | 22 |
| Promoter complaints at K-RERA | 170 | 24 |
| Red flags across projects | 35 | 29 |
| Projects with litigation declared | 0 | 3 |
| Median investment score | 46 | 46 |
| Best project score | 57 | 64 |
| Median projected growth / yr | 9.9% | 10.1% |
| Median cash-flow IRR | 6.6% | 6.8% |
| Median gross yield | 2.9% | 2.5% |
| Median price per sq ft | ₹10,350 | ₹10,350 |
| Ready · under construction | 3 · 15 | 1 · 16 |
| Localities active in | 6 | 8 |
Green marks the better value on each line. Karnataka RERA filings and K-RERA complaint register as of September 11, 2026.
Best-scored Mantri projects
Best-scored Adarsh Developers projects
Questions people ask
Mantri or Adarsh Developers: which is the more reliable builder?
From Karnataka RERA filings: Mantri 18% of registrations needed no extension with 15 of 15 under-construction projects past their original date and 170 promoter complaints; Adarsh Developers 39% of registrations needed no extension with 12 of 16 past date and 24 complaints. Median project score: Mantri 46, Adarsh Developers 46. Judge the specific project, not just the brand.
Scores and projections are model outputs built from dated public evidence (Karnataka RERA filings, promoter quarterly updates, complaint registers, public ratings) and stated assumptions. They are research, not investment advice. How the numbers are built.