Mantri Developers — pre emi schem fraud

Address:560001
Website:www.mantri.in

Hi All, I bought property is Mantri Webcity, W Bldg. at Hennur Road in May 2015. Unfortunately I opted for Pre-EMI scheme offered by Mantri and PNB. However, Mantri is NOT paying any single Pre-EMI in my case I have not received any EMI. They don't add the same in the agreement and they don't have any official tie-up with PNB to do this. Even if you contact the Vice-President (Mr Vinay Nagpal - [protected]@mantri.in) for this mess it is of no use and do not expect even a single word from him over the mail or phone! All the awards to Mr and Mrs Mantri seems to be paid up award and if someone is giving that to them it is purely because of the Blood Money that they have sucked from middle class people like to fulfill their lust! They do have some so called CRM managers who act like an exact puppet that we used to find in olden days circus. And believe me or not these guys are the one who take the blame and they will be used to save the face of the owners so that they get awards!!! Shame on them! I have written 39 mails so far to all CRM managers with Mr Vice-President in the CC and also must have called the CRM managers more than 200 times so far! No use!!! Don't fall into the financial trap that Mantri's has laid for you and better look out for someone who are good with their finance. I have planned to take this struggle to next level and will be publishing more articles in other forums within tomorrow (target is 25) so that people are aware of the looting methodology of Mantri builders. I have started flooding all review places and consumer complaints with this above complaint. This will continue every day for one hour every day ! Also I will be visiting all Mantri Sites every Saturday and Sunday and give a printout of this Email to every person including Manti Employees Thanks, Vishal [protected]
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Sep 04, 2016
Updated by Vicky8421
Update 04 September, 2016

This is the Ridiculous Nonsesnse Reply received from Kusum of Mantri Developers.

"Greetings from Mantri Developers!

Acknowledge the receipt of mail addressed to Mrs Mantri. Due to certain reasons there has been a delay in the payouts and the same was communicated to you much in advance by myself during our last meeting at our head office.
We are in the process of streamlining on the payments. This would take some time. Please note, we will initiate to process your payout and credit is expected to be reflected by 15th of September.
Truly appreciate your continuous understanding and support."

Ms Kusum,
This is the same NONSENSE that Iam hearing for the last many Months. If there is a delay, It is Mantri's Problem and the problem of its Investors, Not Mine. I have a MOU between Mantri and Me which is also much before your STUPID communications. I also have a Tripartite Agreement between Mantri, PNB and Me which is done much before your STUPID commmunications. As per these agreements I am supposed to receive the August 2016 EMI before 20 September 2016. However I am not received June and July 2016 EMIs.

Now coming back, For the Ganesh Festival I dont have enough money to even do basic things. Dont have money to even buy the Ganesh Idol. All this for Trusting a Mantri Brand.

Understand, I have done Favour on Mantri by investing in Mantri. You have Given many FALSE PROMISES before and never I got a EMI on time. Please get your act right. I am heading to all Mantri Site Office to make sure, you do no business on 04 Sept 2016 and 05 Sept 2016. I will meet every customer of yours at 4 Sites and give them this printout or your harassment.

Dear Mantri and Credai,

Since I am at a point where "I cannot pay EMI and feed my family" at the same time. I am taking the next obvious steps.

Is this the value we get after trusting you for so many years and putting our hard earned "white" money for this project? Hope to hear from you quickly in clear and acceptable terms without any further uncertainty!!

All the awards to Mr and Mrs Mantri seems to be paid up award and if someone is giving that to them it is purely because of the Blood Money that they have sucked from middle class people like to fulfill their lust!

Dear Investors of Mantri Developers (KKR & Piramal Funds),

I think you have a good faith and trust in putting your investors' money with Mantri Developers. Can you please look into this and help us? Do you think who lose faith and trust from its own customers, can be trustworthy?

Its a Shame that KKR & Piramal Funds continue to support the Harrassment done by Mantri Developers
Oct 27, 2017
Updated by Vicky8421
I was asked to deposit the original modular kitchen letter since Mantri was not able to honor the Modular Kitchen Offer guarantying that the Rs 1 Lakhs will be credited to my account within 2 months of receiving the original credit note.

MDPL is a big liar and cheat, I have still not received the Credit note. The Credit Note that I did receive after 2 months of follow up is an illegal credit note. It does not even have the required details of when the payout would be made. I was told it a Mantri Standard Credit Note. Everything about Mantri Developers is nothing but illegal.

Now after multiple followup Mantri is saying that it will be deposited in December - that would 5 months delays without even giving a post dated cheque or a Demand Draft.

This is what happens when you buy a Mantri Home. You get Mantri [censored]. You will be harassed, cornered financially, lose social status, since you would not have money to pay your loans. You will all die in Mantri Hell.

Then there are some Dossa's and Linda's and KKR and Punjab National Bank all bloodsuckers and destroyers of Indian Families who support this daylight robbery and stealing by Mantri.

You can see there faces below and never go close to their STINKING graves.

Lesson : Never Even Buy a Mantri Home. And Educate all to Never Buy a Mantri Home.

I will visit Mantri Headoffice to educate all customers I meet there of their blunder, and my friends will do these all all Mantri Sites on Saturday and Sunday.

Request all of you who see this to spread this message loud and clear - NEVER BUY A MANTRI HOME. THEY WILL SUCK EVERY DROP OF BLOOD YOU HAVE, HARASS YOU FINANCIALLY AND MENTALLY.
Oct 27, 2017
Updated by Vicky8421
Update: 27 October, 2017

Received a call from Simmi and Vikram from Mantri me on my mobile .

Both were quite furious about why I wrote this email to the whole world pointing out all the problems.
They have asked me to write an apology email and unless they receive an apology email, they will not process the credit note.

I am ready to send and apology email if the money that Mantri owes is credited to my account immediately. This itself will be 2 Months delayed.

I have called up and Simmi as Vikram was busy in meeting, She Said "She will let me know by "today evening" when the Rs 1 Lakhs that Mantri owes me can be credited to my account for me to send an apology email.

So I will wait for the "today evening" to send an apology email or an update.

Simmi, was very furious and called me a liar, however she does point out what is a lie. Everything below is completely true and there are many others suffering the same fate.

This is what I call harassment. I have to succumb to this harassment and send an apology email if I have to get my money back.

So as said, below Mantri has always dishonored its commitments and put the customers in lot of trouble financially and socially.
Oct 27, 2017
Updated by Vicky8421
Update: 27 October, 2017, 6:15PM.

As per the telecon, I did follow up with Vikram and Simmi. I tried calling Vikram more than 10 times.

Simmi did answer the call, however, she said there is no update on when my Rs 1 Lakhs which is a big amount for me will be deposited to my account that Mantri owes me.

So the big question is What can a common man do against such hardened defaulters.

Every commitment is dishonored. Could not even update when the Rs 1 Lakhs would be deposited to my account.

Such are the finances of Mantri today, that buying a Mantri Developers home will destroy the Dreams of Home Buyers. Mantri Developers will destroy them financially and socially.

And I must mention there is always a big risk of this open agitation that might result as a Physical risk to me and my family. So if something happens like this, may be someone would demand justice.
Oct 27, 2017
Updated by Vicky8421
Reproduced here from Public Source.
"
There is a new comment to Mantri WebCity.
Comment Link: http://harshasagar.com/2013/03/30/mantri-webcity/comment-page-2/#comment-48667
Author: Jackson Philips
Comment:
Asha, Mantri Projects will take another 4 years to complete if you are lucky. These guys are trying to get as much money from people to somehow continue work. The word out on the street is that Mantri has a lot of Fines to pay and the company doesn't have money to handle their on going projects, hence they came out with these schemes before RERA kicked in.
-
Now that RERA is in place, they are in dilemma on how to make paperwork to keep their side safe and put the customers on the receiving end.
-
I did the mistake of booking a 2bhk apartment at Mantri Webcity and now i'm trying to get the money back, which is not happening. I'll be raising a complaint with RERA by paying Rs.1000
Permalink: http://harshasagar.com/2013/03/30/mantri-webcity/
Manage your subscriptions: http://harshasagar.com/comment-subscriptions?srek=35c11d4555d89247265b6ef6f090d347&srk=8d962e36cfb14803ee22486e022fb016
"
Complaint comments 

Comments

Update 2: 24 July, 2016.
Received one Email form Vineetha, and my response is included as below.

Email from Vineetha,

Dear Mr. Vishal,

Refer to our discussion please note that the Pre EMI for a month as informed to you during your last visit shall be credited to your account in the 1st week of Aug.

Your calls have been answered even when you called me early today morning. However I would request you may also contact Mr. Vishwajeet who is the CRM SPOC for Tower W who will be able to answer all your queries related to your apartment. In the event he is not able to give you an answer you may always contact me. I have marked him in the mail.


With Best Regards,

Vineetha N
Senior Manager - CRM
--
Mantri Developers Pvt. Ltd.
Mantri Webcity, Near Southern Asian Bible College
Nagenahalli, Kothanur Post, Hennur Main Road
Bangalore 560 077


Response to Snehal, and Vineetha,

Snehal,

1. Vineetha IS A LIAR. She was caught red-handed and had no answers for not answering calls during the last meeting held at Parcel 1 Basement.

2. During the last visit, Vineetha has "PROMISED" that EMI for the month of April would be credited by 25 July, and not in the first week of August. AGAIN THIS PROVES THAT SHE HABITUAL LIAR.

3. I did speak to Vishwajeet many many times and he has no clue when the EMIs will be paid.

4. It is not acceptable to get April EMI on the first week of Aug. Since I am at a point where "I cannot pay EMI and feed my family" at the same time.

5. I have borrowed funds to pay April 2016, May 2016, and June 2016 EMI. So now I have to decide whether to pay the money lenders or to pay the EMI to PNB.

6. This means my EMIs to PNB (Punjab National Bank) will bounce and there will be further problems thanks to Mantri Developers, KKR and Co. and Piramal Funds Pvt. Ltd.


Dear Mantri and Credai,

Since I am at a point where "I cannot pay EMI and feed my family" at the same time. I am taking the next obvious steps.

Is this the value we get after trusting you for so many years and putting our hard earned "white" money for this project? Hope to hear from you quickly in clear and acceptable terms without any further uncertainty!!

All the awards to Mr and Mrs Mantri seems to be paid up award and if someone is giving that to them it is purely because of the Blood Money that they have sucked from middle class people like to fulfill their lust!


Dear Investors of Mantri Developers (KKR & Piramal Funds),

I think you have a good faith and trust in putting your investors' money with Mantri Developers. Can you please look into this and help us? Do you think who lose faith and trust from its own customers, can be trustworthy?

Its a Shame that KKR & Piramal Funds continue to support the Harrassment done by Mantri Developers
Last Thursday that is Oct 8, 2015, I received call from Kusum from her mobile number [protected]. She Said the outstanding EMI will be paid next day, After that one week and 50 phone calls and some email later, I still have not received the outstanding in my account.

Every day is a new disguise, Two days back the cheque has been deposited as per CRM Deepak and Kusum says the cheque is in site office.

I received a SMS from Kusum saying "Sir Please dont threat" Not sure who is threatening whom.

Thanks,
Vishal
[protected]
Further Update
Today I Visited Kotak Bank at JP Nagar 3 Phase and Kotak Bank at MG road to enquire about the cheque deposited to my Kotak Account. However both the branches were not able to locate any cheque for clearing in my account.
The cheque was deposited by Mantri on 16 Oct 2015, and Today is 19 october 2015, however surprisingly the cheque is not reflected in any Kotak branch.

When i called up Kusum from Mantri and CRM Deepak, both say the cheque has been deposited to my account. However I am not sure how long will it take to get the outstanding Pre-EMI from Mantri.

Thanks,
Vishal
[protected]
Dear Sir,

Pre EMI cheque was already ready. Amount information was also shared by Ms Kusum. As per the telecon, information was also shared by our CRM team that the cheque was deposited. The clearance delay was from the bank and not from us. Hope you have received the amount by now. Let us know if the same is not received, we will also have this followed up by the respective vertical. Once again regret inconvenience caused.

Regards,
Mantri Developers Customer Care Team
Further Update,
I am yet to receive Pre-EMI for December 2015. the People from whom I borrowed Money are at my doorsteps every day to ask for money.

The MOU is also signed by head CRM who is not authorised to signed the MOU. Mantri is hiding behind this poor fellows and not even signing the documents that they are supposed to sign.

As per the MOU, every month before 20th I am supposed to get the previous month EMI, however I am yet to receive EMI for December.

This Saturday and Sunday I will sit NAKED at Mantri Webcity until i get my money for Dec 2015 and Jan 2016 Pre-EMI.

Thanks,
Dear Sir,

Your Pre EMI has been sent. You will receive it soon. Kindly let us know if the same is not received, we will have this followed up by the respective vertical. We regret the inconvenience caused.

Regards,
Mantri Developers Customer Care Team
I am an "Buyback Investor" with Webcity W1602. I have not received the Pre-EMI for the months of April 2016, May 2016, June 2016.
I tried my best communicating with the below people.

1. Vineetha, Head CRM: Never Answers the Phone Calls. If answered, clearly fakes that she is not able to hear. Fakes that she is talking to another customer on other line and will call back and never calls back. The phone goes unanswered even after Hundreds (100s) of Calls.

2. Kritika Sheety, Secretary to Snehal, I tried communicating with Kritika for the Pre-EMI for the Months of April 2016, May 2016, June 2016. However she has not been able to help me.

Since I am at a point where "I cannot pay EMI and feed my family" at the same time. I am taking the next obvious steps.

Is this the value we get after trusting you for so many years and putting our hard earned "white" money for this project? Hope to hear from you quickly in clear and acceptable terms without any further uncertainty!!

Dear Investors of Mantri Developers (KKR & Piramal Funds),

I think you have a good faith and trust in putting your investors' money with Mantri Developers. Can you please look into this and help us? Do you think who lose faith and trust from its own customers, can be trustworthy?

Its a Shame that KKR & Piramal Funds continue to support the Harrassment dont by Mantri Developers

A copy of this email has been sent to Mantri Developers and KKR & Piramal Funds - Investors of Mantri.
AH ! Another trapped customer of Mantri, in fact you should call them Kantri. Even I have sent millions of mails to them, this Kussum along with Snehal and Sushil are literally running a racket rather than a company. Trap you in Pre-EMI scheme and then they pay for some 2-3 months initially and then starts the story of follow ups. Also they in hidden tones they threaten you. Also they are least bothered if you plan to go to Media or Court, in fact in one of the meetings with Parcel I buyers Snehal mentioned that she would be happy if customers go legal, as she as CRM head would be free from all this.

They know the way around, will spend money and will buy everything, it is you and me my dear friend who is supposed to get screwed by hands of these leeches. They entrust our constitution and law more than us. No point in complaining to Police and Authorities, suck and live life and only "hope" that some day you get what you paid for. Parcel I is already delayed by 18 months imagine the plight of ours, can anyone challenge that. We pay EMI + Rent every month and on top of that you get threatened by Mantri Staff especially Kusum and gang.

Also, be assured, media will never play this story, in fact Times Now just played how awesome they are on 23rd of July. While you me, and all existing customers know that how pathetic the situation of their projects are. You think you are the only one complaining to Mantri, they have billions of mails from customers seeking help. Sushil gives a dime to your requests because he has people like Snehal and Kusum to call back and in subtle way threaten you.

The title of your mail / complaint should have been a helpless Indian. Talk and complaint only if you have money else please stay quiet, it won't bring anything more or less than harm to you from Police & Courts on behest of Mantri. That's how India works. Trust a Pakistani I will, but not Mantris, especially trio of Kusum, Snehal and Sushil.
Reached out to Vineetha, Head CRM of Mantri Webcity, This time the call was answered, surprisingly ! . For the all last 15 day I was not able to talk to her even once.

Vineetha asked me to call Vishwajeet, CRM for Tower W, Called him, however he has no clue of when the outstanding EMIs will be paid.

There is no clue when the outstanding EMIs will be paid. So Now I have to decide if I have to pay the people from whom I borrowed to pay my EMIs or I have to pay the EMI to the bank.

Since I am at a point where "I cannot pay EMI and feed my family" at the same time. I am taking the next obvious steps.

Is this the value we get after trusting you for so many years and putting our hard earned "white" money for this project? Hope to hear from you quickly in clear and acceptable terms without any further uncertainty!!

All the awards to Mr and Mrs Mantri seems to be paid up award and if someone is giving that to them it is purely because of the Blood Money that they have sucked from middle class people like to fulfill their lust!

Dear Investors of Mantri Developers (KKR & Piramal Funds),

I think you have a good faith and trust in putting your investors' money with Mantri Developers. Can you please look into this and help us? Do you think who lose faith and trust from its own customers, can be trustworthy?

Its a Shame that KKR & Piramal Funds continue to support the Harrassment done by Mantri Developers
Update 1: 03 September, 2016.
Dear Mantri, Credai, and Investors of Mantri,

I am an "Buyback Investor" with Webcity W1602.

I have not received the Pre-EMI for the months of June 2016 and July 2016

Ramya Arun Kumar from Mantri had in a emails promised to expedite the EMI payments however it has not reached me.

PBN has deducted the EMI on 1st Septemeber and Now I have to beg and borrow to fund my monthly expenses.

Since I am at a point where "I cannot pay EMI and feed my family" at the same time. I am taking the next obvious steps.

This means my EMIs to PNB (Punjab National Bank) will bounce and there will be further problems thanks to Mantri Developers, KKR and Co. and Piramal Funds Pvt. Ltd.

Dear Mantri and Credai,

Since I am at a point where "I cannot pay EMI and feed my family" at the same time. I am taking the next obvious steps.

Is this the value we get after trusting you for so many years and putting our hard earned "white" money for this project? Hope to hear from you quickly in clear and acceptable terms without any further uncertainty!!

All the awards to Mr and Mrs Mantri seems to be paid up award and if someone is giving that to them it is purely because of the Blood Money that they have sucked from middle class people like to fulfill their lust!

Dear Investors of Mantri Developers (KKR & Piramal Funds),

I think you have a good faith and trust in putting your investors' money with Mantri Developers. Can you please look into this and help us? Do you think who lose faith and trust from its own customers, can be trustworthy?

Its a Shame that KKR & Piramal Funds continue to support the Harrassment done by Mantri Developers
Email from Mantri Developers - Harassemnt, Bullying, Cheating, ...

Since Mantri is not allowing Registration and Possession, why should be the Maintenance Charges be applicable to me.
Firstly, I have already paid the Maintenance Deposit for 3 years. So Maintenance cannot be charged for 3 years after occupancy.
Secondly, why should I be paying these Maintenance Charges for Electricity and Water which Iam not using.

Simmi, I am sorry, that if Mantri is going to harass and bully me like this I am going to take it online again.

I am starting it now, since I cannot take this harassment any more which is affecting my Financials and Family Life.

My intention is not to hurt anybody, but make the world aware of the Financial and Social Problems that may affect them by going with Mantri Developers.

Dear Credai,

Manti Developers, MDPL to be specific have delayed the Mantri Webcity project by more than 2 years, which as affected by cashflows, financials and social life. Accordingly I have requested for delay compensation.

Mantri has continued harrassment, by not allowing Registration and Possession,
As a matter of fact there are 100+ Families staying at Mantri Webcity Parcel 1 Illegally without have any Completion Certificate and Occupancy Certificate.

I have also paid the Maintenance Deposit for 3 years. First there are no amenities to maintain, secondly, Maintenance Charges are compulsory charged even when the flat is not occupied. This is Harrassment and Bullying of customers, .

NO DOUBT THAT MANTRI DEVELOPERS RATING HAS GONE BELOW THE LESS KNOWN BUILDERS. The whole customer base is shifting away from Mantri, However Credai continues to support Mantri Developers and its corrupt practices. CREDAI is losing its CREDIBILITY ?

I am taking the next obvious steps of letting the customer know what CREDAI means.

Is this the value we get after trusting you for so many years and putting our hard earned "white" money for this project? Hope to hear from you quickly in clear and acceptable terms without any further uncertainty!!

All the awards to Mr and Mrs Mantri seems to be paid up award and if someone is giving that to them it is purely because of the Blood Money that they have sucked from middle class people like to fulfill their lust!

Dear Investors of Mantri Developers (KKR & Piramal Funds),

I think you have a good faith and trust in putting your investors' money with Mantri Developers. Can you please look into this and help us? Do you think who lose faith and trust from its own customers, can be trustworthy?

Its a Shame that KKR & Piramal Funds continue to support the Harrassment done by Mantri Developers
Hi, what happened to your Pre-EMI scheme?
did you get money back?
I am yet to receive last 3 Months EMI. PNB bank calls me everyday for EMI. I have no more money to pay the EMIs. There is not a single happy customer of Mantri Developers. They have looted more than 500 customers. Sushil and Snehal deserve nothing but jail. However, our laws are bought by these bloodsuckers.
Update: 12 October, 2017
I have not receive the EMI for 5 Months June 2017, July 2017, August 2017, September 2017, October 2017.
Please credit the EMI immediately.

I am at a tremendous loss with Banks charging me for Cheque bounce and my credit rating is affected. This is not acceptable.

Today I have again receive a call from PNB asking me to pay up for face consequences.

Where do I get the money to pay the EMI if Mantri is not going to give the EMI on time.

This is causing problems at home and office. If you have any sense, this means - Personal, Social and Professional problems.

Again, Request Mantri to pay the EMI for June, July, August, September, October 2017 Immediately.

Dear Panel of "Future Woman Leader Summit & Awards 2017"

Here I introduce you the world of Mantri.

Dear Mr. Sandeep Rangu
Business Director
Email: [protected]@ubsFORUMs.com
Phone: +91 [protected]

Dear Mr. Abidali Dossa
Production Director
Email: abidali.[protected]@transformance.in
Phone: +91 [protected]

Dear Miss Linda Clarke
Marketing Manager
Email: [protected]@ubsFORUMs.com
Phone: +91 [protected]

It would be pleasure to know how much of an experience you have in selecting future leaders.

Yes, Ms Mantri is a leader in the sense that
1. She is sucking the blood of around 600 middle class families in just one of her projects. Imagine what is happening with other projects where families have been destroyed financially and socially because the greed and lust of just one or rather two persons - Specifically Snehal and Sushil Mantri.
2. Does all possible tactics and one sided agreements, i should say illegal agreements, which shatters the home buyers dreams
3. Creates Financial and Social problems for the people who invested in her projects.
4. Harasses and the customers / investors by blackmailing them.
5. Flouts all possible environmental rules like not having a functional STP or building on Lakes Land which belongs to the public.
6. I can go on...

What is the ground work you have done before selecting her as a future leader.
Do you even understand what it means to lead.
Or Do you have ties with Miss Mantri to sell her apartments.
You could also be the investors in Mantri who have to do all this ### to come out of your problems.
Or you got some sponsorship for your organization..
Or is that you are simply insensitive to even recognise there is something brutally dishonest with this person. !
Simply was there no other nomination.? What exactly it is ?

Its a Shame that Some Rangu, Dossa and Clarke sell their pride to honour such ### as Leaders.

Dear Mantri and Credai,

Since I am at a point where "I cannot pay EMI and feed my family" at the same time. I am taking the next obvious steps.

Is this the value we get after trusting you for so many years and putting our hard earned "white" money for this project? Hope to hear from you quickly in clear and acceptable terms without any further uncertainty!!

All the awards to Mr and Mrs Mantri seems to be paid up award and if someone is giving that to them it is purely because of the Blood Money that they have sucked from middle class people like to fulfill their lust!

Dear Investors of Mantri Developers (KKR & Piramal Funds),

I think you have a good faith and trust in putting your investors' money with Mantri Developers. Can you please look into this and help us? Do you think who lose faith and trust from its own customers, can be trustworthy?

Its a Shame that KKR & Piramal Funds continue to support the Harrassment done by Mantri Developers

Its a Shame that Some Rangu, Dossa and Clarke sell their pride to honour such ### as Leaders.
I would request public to not invest in Mantri if they want to safeguard their money and not to get in trouble. Mantri is a fraud company. They dont have money to run their business and playing on public.
I second, Mantri are very Dishonest People. They have left all investors agrieved. I hope many will be saved by seeing this forum message
Mantri Developers Customer Care's response, May 3, 2018
Verified Support
Dear Sir,

Greetings from Mantri Developers.

Request you to share your Name, unit number, contact number and e-mail address. Our CRM team will connect with your to resolve your concern.

Regards,
Team Mantri
So very disappointed with Mantri developers, its been 5 years now since we booked for Mantri web city under preEMI buy back Scheme.
Mantri is not paying EMI now due to which our account with bank has gone into NPA as we are also not in condition to pay EMIs.
Hence i also agree to above mentioned comment & would request public to not invest in Mantri if they want to safeguard their money and not to get in trouble. Mantri is a fraud company. They dont have money to run their business and playing on public.

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