PropertyLensBengaluru · invest

Mantri vs Concorde

35 Bengaluru projects from Karnataka RERA filings, as of September 11, 2026.

Straight answer · as of September 11, 2026

Concorde has the better delivery record; Concorde'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; Concorde 74% of registrations needed no extension with 6 of 13 past date and 2 complaints. Median project score: Mantri 46, Concorde 49. Judge the specific project, not just the brand.

Side by side

MeasureMantriConcorde
Projects analysed1817
On-time rate (no extension filed)18%74%
Under construction past original RERA date15 of 156 of 13
Average months overdue (late projects)5233
Extensions filed255
Promoter complaints at K-RERA1702
Red flags across projects3514
Projects with litigation declared00
Median investment score4649
Best project score5774
Median projected growth / yr9.9%9.5%
Median cash-flow IRR6.6%7.1%
Median gross yield2.9%2.7%
Median price per sq ft₹10,350₹7,800
Ready · under construction3 · 154 · 13
Localities active in610

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 Concorde projects

Questions people ask

Mantri or Concorde: 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; Concorde 74% of registrations needed no extension with 6 of 13 past date and 2 complaints. Median project score: Mantri 46, Concorde 49. 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.

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