Mantri Webcity ✓ | Property Location : Hennur Road – Bangalore ✓ | Check Reviews ✓ | Price Details ✓ | Access to Exclusive Deals & Offers ✓ | Call – 9590181181

Mantri Webcity is one of the most innovative projects by Mantri Developers, located at Hennur Main road, Bangalore.

Mantri Webcity is the first techno residential project inspired by new age technologies like Nano technology, robotics, cloud computing etc. It’s a project with perfect blend of technology & comfort. We are leveraging technologies to bring in unique experiences to our residents with installation of intelligent and interactive features like interactive elevators, digital foldable screens, digital library, Music Walls, Water clocks, etc… this would change the way you dreamt about your living spaces.

Watch Mantri Webcity Walkthrough

Mantri Webcity Configuration

location-map

Project Location

Hennur Road
development

No. of Towers & Floors

22 Blocks
G + 15 Floors
total-land-area

Total Land Area

44.26 Acres
types-of-units

Unit Variants

2 & 3 BHK
no-of-units

No. of Units

2171 Units
possession

Possession Date

2017 Onwards
Unit TypeSize in Sq.Ft
2 BHK950
2 BHK1120
2 BHK + Terrace1035
2 BHK + Terrace1107
3 BHK1250
3 BHK1355
3 BHK + Terrace1320
3 BHK + Terrace1339
2 BHK1155
2 BHK1385
3 BHK1445
3 BHK1740

Mantri Webcity Location

Master Plan & Floor Plans –  Mantri Webcity

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Mantri Webcity Specifications

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Structure

  • RCC framed structure Building
  • Concrete Solid Block Masonry (Int & Ext) – 200MM Exterior walls, 100MM Interior walls

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Flooring

  • Glossy Vitrified Tile Flooring in Living, Dining (Premium)
  • Anti Skid Ceramic Tile flooring (premium)

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Doors

  • Main door with teak wood door frame.
  • All Bedrooms internal doors with Sal wood frame
  • Main door single hard wood shutter door

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Plumbing & Sanitary

  • Queo / Bravit / Kohler / Equivalent
  • Rainwater Harvesting drain pipes included.

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Security

  • Otis / Equivalent elevators in each tower
  • Round the clock security with intercom facility
  • CCTV Camera at all vantage points.

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Electrical

  • Grid Power from BESCOM for each home
  • Modular switches
  • Copper electrical wiring all throughout via concealed conduits
  • 100% Power backup for elevators, common areas & pumps

Mantri Webcity Amenities

gym-amenities

Gymnasium

club-amenities

Clubhouse

swimming-pool-amenities

Swimming Pool

billiards-amenities

Billiards & Games Room

basketball-court-amenities

Basketball Court

walking-jogging-amenities

Jogging & Skating Track

tennis-amenities

Tennis Court

table-tennis-amenities

Table Tennis

gardens-amenities

Landscaped Gardens

play-area-amenities

Kids Play Area

spa-amenities

Spa & Sauna

amphitheatre-amenities

Amphitheater

Mantri Webcity Price

TypeSize in sqftRate PsftBasic PriceApprox. Final Price Including - Car Parking, Taxes & Registration
2 BHK950Rs. 5,790Rs. 55,00,500Rs. 67,10,610 Onwards
2 BHK1120Rs. 5,790Rs. 64,84,800Rs. 79,11,456 Onwards
2 BHK + Terrace1035Rs. 5,790Rs. 59,92,650Rs. 73,11,033 Onwards
2 BHK + Terrace1107Rs. 5,790Rs. 64,09,530Rs. 78,19,627 Onwards
3 BHK1250Rs. 5,790Rs. 72,37,500Rs. 88,29,750 Onwards
3 BHK1355Rs. 5,790Rs. 78,45,450Rs. 95,71,449 Onwards
3 BHK + Terrace1320Rs. 5,790Rs. 76,42,800Rs. 93,24,216 Onwards
3 BHK + Terrace1339Rs. 5,790Rs. 77,52,810Rs. 94,58,428 Onwards
2 BHK1155Rs. 5,790Rs. 66,87,450Rs. 81,58,689 Onwards
2 BHK1385Rs. 5,790Rs. 80,19,150Rs. 97,83,363 Onwards
3 BHK1445Rs. 5,790Rs. 83,66,550Rs. 1,02,07,191 Onwards
3 BHK1740Rs. 5,790Rs. 1,00,74,600Rs. 1,22,91,012 Onwards

Expert Opinions on Mantri Webcity

  • checked

    Located on Hennur Main Road offering great connectivity

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    Close proximity to Manyata Tech Park & Upcoming IT Hubs

  • checked

    Location makes Mantri Webcity good for Personal use / Investment.

  • checked

    Good pricing for Hennur main road

  • exclamation-mark

    Civic amenities are still under development in the vicinity

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    Traffic Bottlenecks while accessing major roads during peak hours

About the Builder – Mantri Developers

In the supremely dynamic and competitive sphere of property development, one name has consistently been a trail blazer, setting the trends for others to follow. The innovation-led, future-focused Mantri Developers Pvt. Ltd.Established in 1999 by Mr. Sushil Mantri, the company has been the pioneering force behind the rapidly changing skyline of south India, with developments that span the residential, retail, commercial, education and hospitality sectors.

In just 16 years, the group, with the spirit of innovation at its core, has carved a niche for itself as an industry benchmark for quality, customer focus, robust engineering, in-house research, uncompromising business ethics and the unswerving commitment to timeless values and total transparency in every aspect of its business. These exceptional attributes have made Mantri Developers one of India’s most preferred real estate brands in south India.

Mantri Developers is now leveraging this expertise by foraying into competitive international markets such as Dubai, Singapore and the USA. Domestically though, it will continue to focus on residential, retail, office, hospitality, townships and educational institutions in the high-growth urban centres such as Bengaluru, Chennai, Hyderabad and Pune.

Watch Mantri Developers Corporate Video
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How to Book this Property?

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Summary
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Project Name
Mantri Webcity
Published On
Average Rating
31star1star1stargraygray Based on 9 Review(s)
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Harish Achar is the Founder of Homz n Space. He's a Passionate Real Estate Professional - Core Domain - Bangalore Real Estate Market. Harish is a MBA from IFIM, Bangalore in Marketing & IT. He has served industry's most Top-line companies like, DLF, Ajmera, Indian Express, Etc. After serving to multiple real estate firms, Harish identifies that; there is a huge gap in addressing homebuyer’s quires, consulting to home buyers & a Market Place for property seekers. So, as a team he decided to start of new online to offline platform - Homz N Space in the year 2011 along with his friends who has similar work experience & with the same vision. Today, as a company, We are proud that, we are the most trusted real estate platform for property seekers & we posses highest number of user reviews along with live discussions. We are Handling 500 + Real Estate Investors portfolios & We have helped 70,000 + Home Buyers to identify their dream home though our free consulting Model.

264 Comments on "Mantri Webcity | Apartments in Hennur Road"

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Manika
Contributor

As of today , is it good to invest in parcel 3 for 3bhk @ 5700rs with 25-75 scheme. Possession in nov 18.
Please suggest.

Ananth
Contributor

P2 is delayed by 4 years (on paper) reality we need to wait and see. Paid 90℅ of total cost already

BP
Contributor

Hi Harish, Please advise as soon as possible. Raja Kaluve has become big issue in Bangalore these days as you are aware.

BP
Contributor

Hi Harish, There are two water streams in Mantri Webcity shown in the image in the link below. Are they Raja Kaluves? Have they got approval from Govt Authortities? Please advise as I have almost decided to buy the apartment in Mantri Webcity.

comment image

amit
Contributor

It was my worst decision to sign up for Mantri webcity buy back scheme in Singapore

Nothing realised as promised. Current backlog of 4 months (promised was max 1 to 2 months monthly installment payments that we need to arrange for initially) on pre emi payment and backlog is increasing. I have already paid 4 months from my side to the bank. If Mantri cant keep up their commitment for monthly payments and are not serious enough to reduce the backlog urgently how can we expect of higher returns on our investment in 3 years.

On top of that the time that I need to put in to call them and follow up every month is frustrating. Every two months they assign a new contact person for the tower and only get informed when I call them!. Not at all expected of getting into this mess. Please get yourself educated on the current state well before considering any of your investment with Mantri. Dont recommend at least in the current state the way they are handling existing customers relationship and commitments.

Sincerely,
Owner of Tower R 17-04

Radha
Contributor

Hi Harish,
We had booked a flat in parcel 2 J block in 2014 under the buy back pre-emi scheme.
They are not paying the pre-emi since 5 months. And the project is delayed till 2019 ( as compared to promised date of 2017).
Upon asking for pre-emi and unlimited follow ups, their deputy CRMs are saying they cannot pay !!!. These developers do whatever they want without any fear and common people like us have to suffer. We are just feeling so helpless where we cannot do anything against these so called reputed builders but just feel CHEATED !!! If they are not able to pay the pre-emi itself, forget about the buy back.
Can you please suggest here something.
And if you know of anyone who had been trapped like us and have found some resolution, please advice.
Thanks and Regards,
Radha

sabemaya
Contributor

From which angle you have given it a 4 star…..They have delayed Phase 1 possession for more than a year…Phase 2 and 3 possessions are being delayed by 3 yrs….All the pre emi scheme buyers are going through hell with 4-5 month delays. Their team keeps changing, they never keep their promises… It is a hellish experience…

Rajan
Contributor

Can anyone confirm still the phase 1 is not completed.I heard that phase 1 is completed and phase 2 will be ready by dec 2019.Please confirm whether we can book this property.

Rajan
Contributor

can anyone let me know whether they are launching phase 2 with expected possession date is 40 months from now and also they are offering 25 % upfront and remaining balance we can pay when the possession happens.

Raja
Contributor

Hello,
I am planning to buy home in mantri webcity, please suggest me pro’s and cons of this project and even let you share any infro regarding price also they are quoting now 5490 is it worth in this area? or please share all info which you know/came to know

Sunny
Contributor

Agree with Balaji, One of the worst CRM teams. Leave the individual tower CRM managers, the webcity project’s manager herself is never reachable – she is either switched off or doesn’t pick up the calls. She doesn’t even respond over emails as well. There is no hope of any help in Webcity. If you go by the name of Mantri they are just fooling you. PreEMI is never paid on time, currently 2-3 months of delay.
They keep fooling you with false promises and assurances. Pre-EMIs are delayed, date of the project has been moved so many times(more than a year now).
CRM guys keep blaming other departments for all the issues, either their accounts department or the IT department. Keep fooling customers with wrong information and in the end customers suffers, frustrates. Really bad customer service indeed.
I have lost faith in Mantri now. Definitely worst mistake to go with Mantri webcity.

Ash
Contributor

Well I am not denying the fact of delays in various parts, whether pre-emi or the delivery of project. I had initially booked the flat in another reputed builder in Bangalore. They had got the permission to build till certain level, but they started selling even higher floors than the approved limit. They are even constructing higher floors. And there is a delay too. Which is illegal and govt won’t issue CC & EC. I was able to cancel the booking from that builder & booked in webcity. Well, I have been getting the response from the CRM in satisfactory time. Sometimes I needed to send reminder emails, but I have been getting the response. People have threatened MS Doni (brand ambassador of Amarpalli Group) for delays & poor quality. At least in Mantri Webcity, that’s not the case. Delay is in almost every large project. I am not favoring or endorsing Mantri at all. I will be happy to get it delivered on time, but I understand the delay is sometime not in their hand. I hope Mantri will not do any unethical thing with us. Well, this is just my experience so far with Mantri. But I am more worried about the expenses later on in this dying city without water. There will be no water and other amenities down the line & to avail them it will be very expensive 🙁

srv
Contributor

Construction not yet complete for parcel 1.Supposed to be completed by 2015, Jan. Construction of clubhouse may take several years. No clarity on that. But they have already taken full amount for club house and maintenance. On top of that they asking additional amount for maintenance charge increase and additional amenities which is not part of the agreement.

Ash
Contributor

Additional Amenities? Are you talking about piped gas? If yes, then that’s a welcome step by the builder & we must appriciate that. Are they adding any other amenity to the project?

Balaji
Contributor

Welcoming Step ..?? Bullshit !! Even third rated builder have this piped gas connection as their basic amenity nowadays and it was incorporated clearly in Total Cosh Sheet.
I bought a flat 8 years back, which have got piped gas connection as amenity not an as additional surprise.

The Worst mistake made in my life is buying a flat in Mantri Webcity…

Karan
Contributor

Mantri Webcity

We are in 2016 – No clear picture on Posession, No proper response from CRM team.
Making me think that i made a wrong decision by seeing other projects in Hennur Road.

Samrudhi – Great Deal for the Price ( But cant compare with A grade Builder )
Salarpuria Aspire – Project has completed very fast and giving posession before the
committed date and building looks very great and its Exclusive 3 BHK
Apartments

N Singh
Contributor

Mantri webcity parcel 3 delayed by 1 year as per latest information received from their CRM team , not sure if entire project would be ready even by 2020 . Repenting my decision to invest in Mantri webcity instead of Shoba City .

Saju
Contributor

This is wrong information. I have booked parcel 3 and was suppose to get possession by April 2015 I am still waiting. Mantri is not ready to give any commitment regarding possession dates and I will be very happy to shift now to Mantri if the delay is 1 year.
If you are in preEMI then mantri will take upfront the full amount ie 80% of the flat value making you liable to banks to pay the full EMI. Regarding preEMI payouts there is no guarantee that you will get as per what is committed.

Shettigar
Contributor

Hi Harish, Mantri Webcity is premium project?

Shettigar
Contributor

Amenities are word class enough to call Premium?

ADITYA
Contributor

Hey guys , I have booked an appartment in mantri webcity Phase 1. Can someone share the contact coordinates on the correct person who can provide information on the possession date.

sanjib
Contributor

Hi Harish,
I want book a apartment in mantri web city,Please let me wt is currently price going on and also let me know if its a good project

Balaji
Contributor

Hi All – Please share me if any Owner Group exists for Mantri Webcity. I own a 3 bhk flat in B Block.Thanks!

BR
Contributor

If I have a choice between Sobha City and Mantri Webcity, which one is the better option. Sobha is offering for 6300 per Sft and Mantri at 5450 per sq.ft. with their 80:20 finance option or rental option.

Saju
Contributor

Hi,

I have booked in Mantri webcity in 2013 thinking this is a good project. My booking was done in Pre EMI scheme, since that was the only option available that time.
I was given the possession date of April 2015 in my agreement, but now I see the building is not there, the full money for the flat is already taken and the Mantri management doesn’t bother to
communicate to its customers when will be the new date of possession. We are a group of buyers of Mantri Webcity who all are now sufferers. Now I hear the date of possession will be in April 2018.

Also there is no communication on the pre EMI payout, because Mantri now a days are in news for violations and are fined by the government.
Mantri is only interested in selling their webcity flats by finding new customers. In Pre EMI you pay full money of the flat (ie somewhere around 1CR released by the bank) to
Mantri and then from next month your home loan EMI starts where you need to pay the EMI as per the amount disbursed by the bank. Mantri here makes a promise call PRE EMI payout where it will
give you the interest of the home loan every month. And this intrest will be paid by Mantri to you for some months and then they stop responding.

It is at this point you realize you have been trapped so I suggest not to go for this project. And if you still decide to go ahead then once you end up as I mentioned earlier don’t feel disheartened,
remember there are a group of people like us who all are in same situation, probably we can console you, because we all are brothers and sister with the same pain.

Sim
Contributor

Hi Saju,
Your pain is understandable. May you are bit unfortunate that you are not getting possession as per your expectations. As I have been in Bangalore from 12 years now & have seen builder’s are delaying projects from 1-8 years. In case of Webcity, deley is not that bad. You should expect delay of 2 years in case of Webcity (a project of such scale). But believe me at the and you will find it very pleasant to live in. When I bought my first flat in Bangalore (a small project), there was a delay of 1.5 years. So don’t worry. I would say you are lucky to book in much early stage & have got the price advantage. I booked in 2014 December on a very high price. But I have already made my mind for good amount of delay. But since then, I have seen that, development is in full pace now. Blocks are getting build fast. Have some patience. I don’t think we have any other better property in that locality.
Just my thinking on Webcity.

Nupur
Contributor

Hi Harish,

I am looking for good project for my own stay at north bangalore. Budget is ~70L. Is Mantri Webcity a good option? How about their possession date? Please suggest.

Thanks.

Sanjay
Contributor

Check out Vajram essenza project in Thanisandra main road….. The project is ready for possession and the finished quality is superb…..check out n decide

Saju
Contributor

I would suggest don’t go for Mantri Webcity, their project delays are too much around 2 to 3 years of delay from committed date of possession which is unaffordable. And more over once you book for any queries mantra management never respond on your genuine concerns even if you approach them as a group or as an individual.

Sim
Contributor

No doubt, Webcity is a good option. I would say it’s a better option than many projects is the locality. It’s on the main road (no fear of going inside roads during night). Big project with top class amenities. Heard that, a shopping mall is also coming very close to Webcity also a hospital (but not confirmed yet).

rayees
Contributor
prasanth
Contributor

Hi Harish,

Do you recommend Mantri over Purva Palm? My budget is 65-75 lakhs all inclusive and I am confused between the two. The purpose of is investment. Also if you could tell me which one has a better rental potential. TIA

Lalitha
Contributor

Hi,
I am looking for a 2 BHK for self occupancy in South Bangalore (in and around Banashankari) for immediate occupation or occupation within next 5-6 months. Budget is around 70-80 lakhs all inclusive. Can you please suggest the best options available?

shradha
Contributor

Hi DV thanks for your valuable comments, i will surely consider your suggestion…

shreyas
Contributor

Mantri web city is a gud option..

AshBoy
Contributor

Hi does Mantri WebCity still has the pre emi scheme with PNB available? What are the terms and conditions?

Sam
Contributor

They may not have this scheme openly, but I heard that, they have accommodated few buyers under this scheme recently. So please talk to their sales peoples, hope they will offer the same to you as well.

shradha
Contributor

Hi Harish, we are planning to buy a 2 bhk flat, in M block on 20th floor and builder has offered two schemes one is 10:80:10 and 20:80(pre EMI) as builder would be paying interest till Jan 2018, so please suggest which would be a better option to save money and we are looking for end use.

DV
Contributor

Shradha – stay away from Mantri Web city.. Have you checked the terms and conditions? Not all terms and conditions are revealed prior to agreement. Agreement is a shocker!! Insist on getting on agreement copy before you book. Else please be assured that you are being taken for ride..

shradha
Contributor

Please note the above question is related to Mantri Web city.

Murli
Contributor

I have purched in Mantri Webcity, Parcel 3 V Block a 3 BHK appartment. The frustrating part is the construction status is very slow and possession date has now been postponed by 2 years. I was promised possession Jan 2016, but now procession is postponed to Oct 2017.

K. Satish Rao
Contributor

I woder what Mantri is planning, delay for 6 months or 1 year is understandable but 2 years!! Must be some major problem. What about the 1st phase..heard they also are being pushed back by a year even tho most of the bldgs. are almost complete. Wonder why?

jayanth
Contributor

Hi Harish, Please let me know your opinion about “The Tree” by provident near magadi road Herohalli, Bangalore. I am looking for 3BHK. current rate 56 lacs. Is it good investment?

Syed
Contributor

Hi Harish ,
I am considering SNN Raj GreenBay and Arun Shelters . And i am a bit confused between these two choices . What is you opinion on this and let me also know if you want to suggest anything else as well . My budget is around 70 lakhs .

AB
Contributor

Hi Harish as you suggested about Orchid Footprints in the above post for budget around 50 lacs. how much is total price out the door ….
I got to know one more project Orchid woods by same goyal builder…. but the out the door cost is around 70+ lacs .although they quote only 56lacs on the web. So much of hidden charges that you can almost buy another flat.

Could you please suggest me some good investment options be it mantri/orchid footprint/orchid woods or any other project . I am looking for investment purpose but may stay there after 2016 (if needed) as I am currently out of India. Your team can also mail me all the options with best ROI 🙂 …

Thank You.

Senthil
Contributor

HI Harish, Which one is better project in Hennur Road in terms of investment ?, Confused with all upcoming & on going projects?

Neeraj
Contributor

Hi Harish,

I have gone through all the comments here and found that you had been suggesting that Mantri webcity is good for self use and not for investment. What has changed that made it good for investment now?

And what is the current per sq ft price?

Thanks,
Neeraj

Ash
Contributor

Hi All,
I visited the site over the weekend.
It’s good to see that construction of parcel 3 has already started & 2 is starting soon. Looks like major structural work in parcel 1 is completed & the machinery is moving to parcel 2 & 3. Got some confidence. Also they have uploaded the status on their website.

Vik
Contributor

I was very confused between webcity, palm beach & sobha city. After a lot’s of research and couple of visits to these sites, I found webcity better in all. After 3 months of mind shaking & tiring research, I booked 3bhk in webcity recently. Right on the main road (my first & mandatory requirement), close to shopping (also hopping a commercial complex in front side of webcity will be big plus), little away from city’s noise & pollution, close to PRR,, double lane hennur road are big plus for webcity.
Web based theme is quite unique & I am impressed with the luxury webcity is offering (top of palm beach & sobha city). I realized after a hectic job, where most of people spend time i.e. in a good & spacious home. And only webcity offers that. Walkways & landscaping is best in this. Amenities are best. Community living, security, kids activity zone etc are best here.
Palm beach is 2 KM inside. Also a road intersecting the project is a big no to me. Maintenance cost will be very high in palm beach despite purva’s claim (i know as I live in one of their best project).

Ash
Contributor

@ Sandeep. Agreed, water is anyway a problem in North Bangalore and is true for Sobha City as well. Mantri Splendor is a small project. Generally small projects has such issues because these doesn’t have better water management process. Sobha City & Mantri WebCity are large scale projects. These has much better water management process plans like rain water harvesting, recycling etc. But if the issue is with webcity, same will be there for Sobha Cityt as well.
Regarding cost, naah, these are not same. Sobha is charging way too high & that too a very less carpet area. Also the floor plans are not very good in Sobha compare to WebCity. If you are talking about the pre-emi, I believe in that case Mantri looks to be better option. In Sobha, you will have to pay full amount in next couple of months & pay a huge-huge interest on loan. On the other hand you will pay amount in next couple of years in case of webcity so your current EMI will be quite less. Down the line Rupee value will depreciate because of inflation,, but your agreement amount won’t change. So tomorrow, you will feel, the amount you are paying is actually quite low. I am telling you this as per my experience. Else choice is of each individuals.
Also Mantri offers a unique Web based & a complete secure community living experience. Also Mantri is offering more facilities than Sobha. Location is another advantage for Mantri (as per my understanding).
Overall I see a better value for money in Mantri.

Nik
Contributor

Hi Guys, I own a flat in Mantri Webcity C 12th floor premium flat. Anyone intrested mail me at samgmat85@gmail.com

shiva
Contributor

hello harish i contacted the india homes people ( i made my booking through them) today to cancel my booking on mantri webcity the salesperson said they’ll charge rs. i lakh if i cancel my booking, i have not signed my agreement yet n while booking they did not specify this so please advice me what to do or should i go to the consumer court?? thanks in advance

kotrakrishna
Contributor

Hi pramod, call me at 9902011389 – Venkat

sundara
Contributor

Hi, Mantri web city is not keeping up the promised delivery by Jan and prolonged it to September this year.My question is what will happen to the pre emi ? do i need to start paying it off from Feb, against the earlier possesion by Jan? I am confused.Or does Mantri continues to pay it until possesion that is September?

shiva
Contributor

hi harish, how much is the cancellation charge by the builder,
if you cancel a booking before agreement???

DV
Contributor

Hi Shiva, I had as well cancelled before booking. Did you get the refund back? I am having massive challenges to get the money back. The sales says they will refund the money once they sell my flat. I intend to legally pursue this or use media’s help. If your money is still held up with Mantri let me know. Happy to legally fight to get back the hard earned money. Regards DV

Sandeep
Contributor

@Ash … I would still feel Sobha City is better than Mantri Webcity if u compare price wise also. Since the rate in both are currently almost same as pointed out by Mraj above. Actually webcity becomes costlier than sobha when u add up the pre EMI till handover of the WEBCITY. Whereas handover starts in another 5 months or so in Sobha. Delays are very common these days with any tier 1 or other builders. So, better take informed decision regarding the cost of the apartment till possession. Also, water scarcity is a big issue there as Mantri Splendour with just 280 apts is fully dependent on tankers. Imagine the maintainance cost of 3000 apartments in webcity. Check the maintainance charges in mantri splendur ( more than 5000 for water only I think). This won’t come down it surely increases since tankers rates are already 800 to 1000 . Measure the pros and cons for long term and then take informed decision…..Happy investing

ankur
Contributor

Hi Harish

How would you compare webcity quoted at 5040 with purva wave at 4650?

ankur
Contributor

Hi Raj

I am looking to invest in webcity. Can I get in touch with you for details?

My id is anksbaj@gmail.com

Raj
Contributor

Hi Harish, I booked a flat @Mantri Webcity in “F” block. Could you please let me whether its a good decision and also required your suggestion whether I should go for 10:80:10 scheme which was presented by Builder. Thanks.

S
Contributor

I too have a flat booked there. Builder is projecting this as a fast selling project. No doubt the floor plan, quality & carpet area is one of the best in webcity. Overall concept is also good. Still is it a good bet?

Sandeep
Contributor

I had posted my comment here but it is not getting added. Why?

I don’t think at this price mantri webcity is a viable option. Better than this is Sobha City as location wise it’s bang on the main road nearby to nagawara metro. And construction progress is almost nearing completion whereas mantri webcity might take lot many years …..so not much burden of pre emi. Other than paradiso blocks in Sobha City of course ……what do others say?

mraj
Contributor

@Ash,
Price of Mantri webcity is almost same as Sobha city.
3 BHK in webcity is close to 1 Cr (inclusive of everything)
Sobha city resale units for mykonos you will get it for 1 cr (inclusive of everything)
New released blocks of sobha are having big dimesions hence rate is high.

mraj
Contributor

Here is my understanding:
Sobha city pros: Construction status nearing to completion, Quality, rate is reasonable (around 5100 sq feet) for such a theme township. Close to Bhartiya city etc.
Sobha city cons: Carpet area might be less compared to webcity.
Mantri webcity pros: Good carpet area and floor plan, unique web based theme, scope of better ROI incase of road expansion or PRR,
Mantri webcity cons: Construction just started hence difficult to predict when the handover will happen, rate is same as Sobha city and many units yet to be sold. less UDS compared to Sobha etc.

Ash
Contributor

Well, it depends on person to person. To me Mantri webcity is located very well. Price is not very high as of Sobha. But better than Palm Beach & Melbourne Park. Mantri is giving approx 78-79% carpet area as compare to 70-72% by others. Mantri looks to be a better value for money.

G
Contributor

Hi Harish
i booked a apartment in the bulding C of mantri webcity (premium) last year. I live abroad, so not sure about the price now. My apart ment is in the higher floors so paid extra for the floor rise. Is it a good idea to hold the property, will the prices pay off after the apartment handover or is it better to sell it, have no plans to stay there.

shiva
Contributor

thanks for response harish, i’ll hold it for some more time.

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