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Mantri buys land for whooping sum on lease

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Realty sells are still on rise at many aspects mainly in the major cities of the nation. Mainly at the urban locations of the major cities is still enjoying the high rates of sales and services beside the inflations and other related economic effect in the country. According to the confidential sources of www.propertykhazana.com Mantri developers of Bangalore has purchased a land mass of around 5 acres near Siruseri IT park for a booming rate of Rs 10.5 crore per acre. The location lies at the IT Highway of the southern metro and is reported to get the lease nod for 75 years. The news has definitely ignited the realty temperature in Chennai and is considered as one of the biggest trade in recent times. Sources of www.propertykhazana.com also reveals that the Mantri has to pay a total sum of 51.45 crore at one time as a part of the deal.
Mantri developers has already record of many luxurious and executive construction in Bangalore, Pune and Hyderabad and many are in the process of completion with in a very sort while. Sushil Mantri is the man behind Mantri success till date which was started in the year of 1999 with capital of just Rs 10 lakh in Bangalore. Now the Mantri group is one of the biggest names in realty arena with number of noted projects around the various sites of the country.
Source: NBTVLIVE

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