Mantri Developers — mantri webcity - buyback scheme — cheating and fraud by mantri

Address:

Bangalore, Karnataka, 560040

Mantri developers offered buy back scheme with double your money in 3 years is fraud and cheating by mantri developers.

Mantri developers assures to double your investment in just three years on investment for mantri webcity. This one of its kind offer by a leading real estate firm which is assuring 100% roi as a value add to its customers.

Suppose one wishes to buy a home in mantri webcity worth rs. 60 lacs – 20% of the total value of the home which in this case is about rs. 12 lacs will be the customer’s contribution the balance amount of rs. 48 lacs will be paid through a bank loan. On the bank loan customer does not have to pay any interest till 3 years and on the customer’s contribution i. E rs. 12 lacs, mantri developers will assure 100% return, which is rs 24 lacs by march 2017 and mantri will close the back account.

I booked a flat 2 bhk, 950 sq ft in h block (H1106). Its been over 4 years now. I am forced to pay emi to punjab national bank. Mantri did not stop my emi (Bank account) and also didn't double the money which they promised earlier.

I have enough emails sent to them. So many calls went unattended by mantri.

I had referred family and friends earlier and mantri cheated loyal customers like me. Never get into deal with mantri