Mantri Developers — Fraud by mantri developers private limited (Mdpl)

Address:

Bangalore, Karnataka, 560091

Hi All,

I have been victim of Mantri Developers (MDPL) who, on paper along in 'association' with HDFC promised me to sign a tripartite agreement wherein MDPL should have paid interest till possession considering Nov 2014 is the possession date as per the 100% initial payment scheme. However, as the time progressed, they stopped paying the interest and unfortunately, did not even handed over the flats. It is been 1.5 years delay and some of the future neighbors have been waiting from last 2.5 years to get the possession. Now, MDPL is blaming BESCOM (also the power minister of Karnataka) and BWSSB for the delay. When we got the information from RTI it is found that MDPL has not even paid the amount and most of the work is pending with MDPL.
It is clear indication of the fact that they have even diverted our hard earned money to other projects and enjoying their life by screwing up ours.

Now, MDPL has gone ahead and demanding Rs. 16, 000 (for running the DG 24/7, Yes, running the DG) and Rs. 1900 for BWSSB connection! This is apart from the maintenance deposit that they taken from us (Rs.2.5L).

My experience tells me that NEVER EVER BUY ANY APARTMENTS FROM MANTRI (MDPL) DIRECTLY (re-sale) is better. Even their ENERGIA project near to Hebbal (Bangalore) and Webcity (already in-line) are following the same fate!