Sunil Mantri Group to invest Rs250 crore in Bangalore

Real estate major Sunil Mantri Group today said it will invest Rs250-crore to build an integrated housing project in Bangalore, close to offices of major IT companies and the Electronic City.

Christened as Mantri Premero, the project will be a large-scale residential township spread over 3.25 acres, a company press release said.

The 500-apartment complex will have a swimming pool with toddlers pool, children's play area, club house with indoor games as well as a basket ball court.

The project boasts of proximity to nature apart from meticulous planning, landscaping, privacy, and the use of quality building materials.

"Bangalore being one of the most prominent landmarks on the world map inspired us to develop good quality homes and spaces that are at par with world-class standards. With Mantri Premero, Bangalore will have exclusive lifestyle homes with the blend of affordable amenities that integrate nature with everyday dwelling," Group chairman, Sunil Mantri said.

Mantri Premero is located on Sarjapur Road near offices of companies like Wipro, Intel, Cisco Systems, Accenture and I-Flex Solutions. The group today unveiled a new logo to incorporate its diverse business activities and multi-location spread.