August 2014

World’s most expensive private home


The building is located in Mumbai and costs over $2 billion to build. While the property looks very commercial, this is actually a home. Mukesh Ambani lives in the home with his family and reportedly has 600 employees that service his family. The Antilla is the world’s most expensive private home.

Most Expensive Buildings In The World

Marina Bay Sands (Singapore)

Singapore is home to the costliest building on our list. Coming in at number one is Marina Bay Sands which costs $6 billion dollars to build. The building, designed by Moshe Safdie, reaches 57 stories high. The building was completed in 2010. Not only is this building the most costly in the world, it sets the record for the world’s largest atrium casino.2


One World Trade Center (New York)

With so much to offer visitors, New York is home to One World Trade Center. The building which is a part of the new World Trade Center Complex is said to have cost $3.8 billion to make. The building towers over the Empire State Building and is104 stories high. 


Mantri Developers Introduces India’s first Unified Video Chat Solution

This is first of its kind marketing innovation in Real Estate for enhanced customer engagement


Bangalore, August 27th, 2014 – Talk to the representative, view your property, clarify all your queries at one go, fill in the forms and buy your dream home – all at the click of your mouse! Mantri Developers Pvt. Ltd, one of the leading real estate players in the country has taken a step ahead in enhancing their customer engagement with the introduction of Unified Video Chat Solution. The main objective to introduce this interactive solution is to share knowledge and information in real-time, improve the quality of service and response time, and build better and more personalized relationships with the existing and prospective customers.

Unified Video Chat Solution will provide the customers with an option of directly interacting with a representative through an audio video solution. Also, the customer can take a virtual property tour; view pictures of the property and calculate the cost. It allows multiple users to join in at the same time while sharing the same screen.

Moreover one can share documents of any format including power point, excel, word etc through this solution. Also, this interactive solution enables the customer to view the construction of their properties purchased. One need not require a computer to do these activities; the solution will work on Android as well as iOS phones too. This innovative initiative provides a digital platform for prospective customers to buy their dream homes online via a process that is as simple as buying an online product.

Mrs. Snehal Mantri, Director, Marketing and HR, Mantri Developers Pvt. Ltd. “Mantri Developers is synonymous with Innovation. We as an Organization strive to bring in innovation across, be it in our projects or in our marketing. Unified Video Chat Solution is another landmark innovative solution to assist our customers in minimizing their efforts and enabling quick decisions. This will certainly break the hassle for the customers to visit sales office or property site before investing in a property. Moreover, it will definitely be of great assistance to our NRI customers who otherwise have to rely on third party agents for their property buying requirements”.


A comprehensive analysis of the residential and office market of the top six metros in India – Mumbai, Pune, NCR, Bengaluru, Chennai & Hyderabad for the period between January – June 2014

for detail information log on to


Prospective home buyers throng CREDAI Realty Expo on the first day at Hotel Park Plaza, Marathhalli

Bangalore, August 23, 2014: Thousands of prospective home buyers thronged CREDAI Realty Expo held at Hotel Park Plaza, Marathhalli here today.

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CREDAI Realty Expo which has 49 builders and 6 financial institutions participating was inaugurated by Mr. K.K  Malpani, Founder President, CREDAI Bengaluru and Mr.Ashwini Mehra, Deputy Managing Director, State Bank of India today. Other dignitaries present were Mr.R Nagaraj, President, CREDAI Karnataka, Mr.Suresh Hari, Secretary, CREDAI Bengaluru, Mr. Anil Nayak, CEO, CREDAI Bengaluru.

Speaking on the occasion, Mr. K. K. Malpani, Founder President, CREDAI Bengaluru said, “There has been a great support for our expos from developers, financial institutions and public as well. Because of this CREDAI Bangalore is doing well. CREDAI is thankful to all the developers for participating in this expo”.

Speaking on the exhibition Mr. R Nagaraj, President, CREDAI Karnataka said, “The cost of construction has now gone up by 30%-40%. Cement prices are also high. But we are keeping the prices same only at this expo. After September there is a possibility of an increase in apartment prices. So we urge customers to make use of this expo since many projects having budget homes are exhibited in this expo.”.

Speaking about the Expo Mr.Ashwini Mehra, Deputy Managing Director, State Bank of India said “We have a close relationship with CREDAI. CREDAI means credibility. So we are associated with them. SBI is the largest contributor for home loans in Bangalore. We bring value to customers through our products. Together with CREDAI we will make this expo a success”.

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The exhibition has some of the top names in the real estate industry participating and providing consumers with some great choice along with the list of the  projects of the participating developers.

CREDAI Realty Expo will conclude on Sunday, 24th August 2014 at 8 pm at Hotel Park Plaza, Marathhalli. For more details please call 99645 92255 or visit us

Bangalore’s exclusive luxury high-rise home with IGBC pre-certification

Bangalore: Real estate major Brigade Group has launched Tower Burgundy at Brigade Exotica, a pre-certified, GOLD rated Green Building by IGBC Green Homes, located on Old Madras Road. 

Brigade Exotica

The Indian Green Building Council (IGBC) Green Homes is the first rating program developed in India, exclusively for the residential sector.  Spread across 10 acres of green landscape, Brigade Exotica is one of the very few luxury residential highrises in India to go green. At a time when very little open space is provided in any real estate development, Brigade Exotica offers 80% open space for its residents. Only 20% of the area has been used for construction.

“At the ground level is a miniforest, with ample trees, shrubs and water bodies. Besides creating a sustainable habitat for innumerable species of flora and fauna, the green zones elevate oxygen levels in the immediate eco-system,” apprises Mr. Viswa Prathap Desu, VP – Sales & Marketing, Brigade Group.

What’s in it for a homeowner: The development has efficient floor plans which provide copious sunlight and air, and will bring down dependence on electric lighting and air-conditioning. The hierarchy of spaces in a home at Brigade Exotica is such that each room seamlessly flows into the other, to create a sense of spaciousness. The large corner windows in the bedrooms let in natural light and offer a breathtaking view of the pristine landscape.

“A home that is a green building is a healthy home. The occupants receive more natural air and light, and therefore are more healthy. This goes back to our roots where each home in India was designed strategically with a central courtyard to allow more natural air and light to come in. Homes at Brigade Exotica will therefore reduce dependence on artificial sources of light and air,” explains Mr. Manjunath Prasad, COO, Brigade Group.

Besides these exclusive green features, the development is designed as a zero discharge project. There will be a sewage treatment plant which will take care of all the watering requirements for the gardens and landscaped zones by providing recycled water. 

Mantri Square Creates an Unique Shopping Experience

Mantri Square, First Mall in the Country to have Connecting Bridge from  Sampige Road Metro station

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Bangalore, August 20th 2014: : Mantri Square, one of India’s largest mall developed by Mantri Developers Pvt. Ltd., a leading real estate developer in India, has added another feather in their cap by launching the first ever connecting bridge in the country, from Sampige Metro station to Mantri Square. The connecting bridge will lead commuters from the station  directly to the first floor of the mall. Present at the occasion were Shri. Katte Satyanarayana, Honourable Mayor of Bangalore, Shri. K.V Mallesh, Area Corporator, Mr. Sushil  Mantri, Chairman & Managing Director of Mantri Developers Pvt. Ltd. and Mr. Pradeep Singh Kharola,Managing Director, Bangalore Metro Rail Corporation Limited (BMRCL).

The direct connection with the Bangalore Metro, which is now one of the most popular public transport modes in the city, will also help in reducing vehicular traffic and provide hassle free access to metro commuters getting off at Sampige metro station directly into the mall.   The connectivity to the Sampige Road Metro Station has been jointly developed by BMRCL  and Mantri Developers. This is the first and the only Metro-Mall connectivity in India.

Speaking on the occasion, Mr. Sushil Mantri, Chairman & Managing Director, Mantri Developers Pvt. Ltd said “ We are extremely thankful to Namma  Metro for giving us this opportunity. I feel immensely proud that we are the only players in the Indian retail space offering direct access to the metro rail station in the mall. At Mantri, we have always believed in being the trend setters in the industry and introducing world class facilities.  With this added achievement, Mantri Square which is considered to be Banaglore’s favourite mall, will bring more delight to its customers by giving them international shopping experience.”

Mr. Pradeep Singh Kharola, MD, BMRCL congratulated the Mantri Authorities on this first of its kind project. “ It is a great sign of growth for the city. With rapidly growing population in Bangalore, Metro has taken up the challenge and stepped in to play a very important role in meeting the transport requirements and such projects will not only encourage people to utilize the services but also will help them understand the convenience which Metro can provide. ”   he said.

Mantri Square-Sampige Road metro station will provide the perfect opportunity for shoppers across the city to leverage the quick metro ride and indulge in a retail therapy at Mantri Square with 250 retail outlets and over a 10000 brands to choose from. The bridge will extend reach to the large number of Bangaloreans who avail Namma Metro services from Peenya to Sampige Road.  The 9.8-km-long strech has 10 stations and the route encompasses Yeshwantpur Industrial Area, Yeshwantpur, Sandal Soap Factory, Mahalakshmi, Rajajinagar, Kuvempu Road and Srirampuram before terminating at Sampige Road.

The metro station constructed by Mantri Developers consists of two basements, one ground and one upper floor.  It was opened to the public on 1 March 2014. The station area covers around 80,000 sq feet.

IT companies from GCC make a beeline for Kerala’s Infopark at Cherthala


New Delhi/ Kochi, Aug 14: The IT corridor of Kochi in Kerala is fast expanding into neighbouring regions with Infopark at Cherthala shaping up as a major hub for IT companies from the Gulf Cooperation Council (GCC) and other Middle East countries.

The Infopark Cherthala, which is being developed as a spoke of Infopark Kochi, has attracted mid-segment companies, mainly from Kuwait, Bahrain and the UAE, by providing the best-in-class infrastructure facilities and leveraging its proximity to Kochi, the thriving commercial city in Kerala.

Currently, 15 companies are operating at the sprawling park, which is situated on 66 acres of land. Of this, 60 acres have been notified as the Special Economic Zone (SEZ), which offers a slew of facilities and concessions to companies planning to set up their shops there. The park has an added advantage of being equidistant from Kochi, Kottayam and Alappuzha.

“The Infopark Cherthala, designed for low cost operations, has emerged as a much sought after destination for IT companies from the Middle East. We are developing the park to accommodate more companies in the next two years. Tenders will be floated to invite private participation in developing IT campuses in the park,” said Infopark Chief Executive Officer (CEO) Hrishikesh Nair.

The park, with its current 2.4 lakh sq feet built-up area, offers plug-and-play facilities and warm shell options for companies looking for bigger space. The IT building has food courts, conference hall, discussion rooms and game zones. The park has its own 110 kV sub-station, a water treatment plant, storage tanks, internal roads and an effluent treatment plant.

“We will be soon scaling up our operations at the park by making substantial investments. The manpower will be increased from 50 to 100 in due course,” said  Bobby Kuriakose, Director, Kuwait-based Path Solutions, which provides financial software services like core banking and mobile and internet banking for Islamic banking industry.

“We opted for the park because of low operating cost and good infrastructure,” noted Deepu Krishnan R K, manager of Bahrain-based Voyager IT Solutions which has development centres in Bahrain and Singapore. “This is our first development centre in India and hopes to expand operation in the next two years,” he added.

“The operational cost is very less in Cherthala when compared to having a similar facility in major cities. We have also been able to find right talent locally as per our requirement,” pointed out Anoop Krishnan, CEO of Kuwait-based Webna Web Solutions Pvt. Ltd.

Godrej Locking Solutions and Systems unveils ‘Innovation Express’

-The most advanced and innovative second edition of mobile experience centre-


Bangalore, Aug 12th, 2014: Godrej Locking Solutions and Systems (Godrej LOCKSS), the pioneers of locking devices in India unveiled the second edition of its mobile experience centre (MEC) ‘Innovation Express’. The Innovation Express was unveiled today by Mr. Pritam Banerjee, Regional Manager, Godrej LOCKSS.


 After the success of the first edition of MEC, Godrej Lockss’ second edition ‘Innovation Express’ will take the concept of ‘Experience Centre’ to the next level. It is a showcase of evolved technology and design led innovation through the enticing display of products. It provides an exclusive “Touch and Feel” experience of Godrej products to key architects, consumers, interior designers & dealers. The product range has been created taking into consideration the requirements of the target group and their needs.


Commenting on unveiling the Innovation Express Van, Mr. Pritam Banerjee, Regional Manager, Godrej LOCKSS said, “In our legacy of over 117 years of providing security, our efforts have been to continuously enhancethe experience quotient for our customers. Post the success of our 1st edition of MEC, I am proud to unveil our latest step in innovation, the second Mobile Experience Centre – The ‘Innovation Express’. What makes it more intriguing is the wider array of our evolved product range. We want to continue our endeavor to up the ante and hope you all enjoy our latest offering that challenges and surpasses all expectations.”

The all new MEC offers a range of products which include Mortise handles with PVD finish, advanced electronic locks and aesthetically enhanced main door locks. The MEC will be introduced to key metros across India to connect with the key influencers of the business. Post its launch in Bangalore, the Experience Centre is slated to travel across 20 Major cities across the country in its first phase.

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