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SR 10 Fastest Growing Retail Companies 2016

Mantri Developers Pvt Ltd: The pioneering force behind the rapidly changing skyline of South India, with developments across sectors.

silicon-review-sushil-mantri“All our dreams can come true, if we have the courage to pursue them.” – Walt Disney.

In the supremely dynamic and competitive sphere of property development, Mantri Developers Pvt. Ltd. is the name that has consistently been a trail blazer, setting the trends for others to follow. The innovation-led and future-focused Mantri Developers was established in 1999 by Sushil Mantri, since then the company has been the pioneering force behind the rapidly changing skyline of South India, with developments that span the residential, retail, commercial, education and hospitality sectors.

In just 15 years, the group, with the spirit of innovation at its core, has carved a niche for itself as an industry benchmark for quality, customer focus, robust engineering, in-house research, uncompromising business ethics and the unswerving commitment to timeless values and total transparency in every aspect of its business. These exceptional attributes have made Mantri Developers one of India’s most preferred real- estate brands in South India.

As part of its diversified portfolio that is cumulatively spread over 20 million sq. ft. under various stages of construction in residential, retail, office, hospitality, and townships in the high-growth urban centers. Known for its pioneering innovations, Mantri Developers is the first realty company to have launched the Digital Interactive Mannequin and adopted Augmented Reality tool to engage customers.

Being a customer-centric company, with its phenomenal performance, Mantri Developers has garnered many prestigious accolades, including the Top Ten Builders of India Award and the CII-ITC Sustainability Award 2012, presented by the President of India, Shri. Pranab Mukherjee.
Mantri Developers is now leveraging this expertise by foraying into competitive international markets such as Dubai, Singapore and the USA. Domestically though, it will continue to focus on residential, retail, office, hospitality, townships and educational institutions in the high-growth urban centres such as Bangalore, Chennai, Hyderabad and Pune.

The trendsetter in Retail sector
In the realm of retail, Mantri Developers has created one of south India’s most prominent and one of the largest malls in the country. The Mantri Square in Bengaluru is spread over an astonishing 1.7 million sq. ft. of space, and hosts over 250 retail outlets. The company is also on the threshold of creating further landmarks in retail and is in the process of launching 4mn square feet in Bengaluru in the current financial year.

Mantri Square
With the development of Mantri Square, Mantri Developers now enters yet another vertical in the growing real estate industry. With a wide variety of stores offering shopping, entertainment and dining, Mantri Square would complement Bangalore’s status of ‘global city’. Designed by internationally renowned Bentel Associates of South Africa, Mantri Square combines modern design with contemporary Indian aesthetics through its unique and innovative architectural design.

Mantri Junction
An entertainment hub of the finest order with over 280,000 sq.ft. Decked up to provide a fine shopping experience; Mantri Junction offers an exciting shopping avenue in South Bengaluru. With 500 brands of retail, fine dining and 4 screens multiplex all coalescing under one roof.

Client Speak
“The one thing that I truly appreciate about Mantri Developers is the fact that they are always ready to listen to the problems of tenants while rectifying it immediately. They are a team who go beyond the call of duty every time to deliver the best. I wish them all the best.” – Senthil Kumar, Customer Care Associate & Sr. Manager Operations, Shoppers Stop Ltd.

Meet the Man behind the foundation of ‘Mantri Developers’

Sushil Mantri, Chairman & Managing Director – An alumnus of the prestigious Harvard Business School, Sushil is a business leader with a clear vision for the industry, and serves in the capacity of the Vice-President of CREDAI (Confederation of Real Estate Developers’ Associations of India). He has also served as a past-President of the state chapter of CREDAI Karnataka.

Under his stewardship, the company’s 15 year history is a testimony to the success of a rank outsider to property development in a new city, and it’s evolution into one of India’s most professionally managed Real Estate business houses. Today, Mantri Developers has an enviable portfolio of assets comprising world class residential projects, IT Parks, Shopping Centres, Office buildings and Educational Institutions.

From displaying architectural flair to being a bellwether of corporate responsibility, Mantri has demonstrated the power of his vision and the strength of his values. It is no wonder that he stands tall in his fraternity, inspiring others with his quest to achieve newer and greater heights.
His roots from a traditional Marwari business family notwithstanding, Sushil’s vision for the business to be at the cutting edge of innovation, the flag bearer of responsible practices and a commitment to social responsibility have given the organization an enviable reputation as a new age leader in the industry. Such novel initiatives include the following:

Establishing Mantri S.E.V.A. – Supporting and Encouraging Voluntary Action, as a personal pledge, as well as a business pledge, to support and nurture socially responsible action, while addressing social issues and serving the community at large.

Founding the Indus Community School in Bengaluru, that provides an international standard of education for over 400 children who are below the poverty line.

Sushil’s spectacular achievements have received accolades and recognition for him as well as the company at the national and international levels. He was also chosen as Entrepreneur of the year 2003 by Earnst and Young.

“Our vision is to be the most preferred reality company in all the geographies we operate in”