Mantri Developers has outlined their plans to launch new real estate ventures in Bangalore (six), Chennai (two) and Hyderabad (two) during the course of this year.
The company, which has set up one of the country's largest malls in Bangalore, Mantri Square, is looking at launching two more of them in Hyderabad and Chennai.
“We are finalising plans for these two malls. Typically, each mall will entail an investment of about Rs 600-700 crore,” Ms Snehal Mantri, Director Marketing, Mantri Developers, Bangalore, said.
Speaking to Business Line here, she said, “even during downturn, we have not stopped investing in projects. Every project we start is announced only after securing all necessary clearances.”
