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Mantri Serenity

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About Mantri Serenity

Mantri Serenity

Mantri Serenity is located at Kanakapura Main Road. Mantri Serenity is close to Metro station, schools, colleges and work. Important suburbs like Bannerghatta Road, Jayanagar and J.P. Nagar are also close by.

Mantri Serenity is spread across 19.6 acres land and is proposed to have 6 blocks out of which only 3 blocks were already launched. Mantri serenity Phase 1 was launched in the year 2010 Sep where as Phase 2 was launched in the year 2012 Sep. Mantri Serenity Phase-2 will offer 1425 luxury apartments with a choice of 2 BHK, 3 BHK and Penthouse units. The project is expected to be completed towards Jun 2019.

about Mantri Serenity

Mantri Serenity USP

Metro Stations, Best price and beautiful designs.

Expert Advisors

We will help you out throught the process with expert advice either its for investment or self use.

Legal Verification

We help you out with legal verifation documents before doing any investment so that your capital remains safe.

Project Analysis

Approvals status: All Approvals obtained

Demand analysis: Kanakapura Road passes through major bustling localities of South Bangalore like Banashankari, Outer Ring Road and a few periphery regions like Konankunte, parts of Uttarahalli and JP Nagar. Research shows that the locality is witnessing a rapid growth, mainly because of the development of offices of major IT spaces.

Amenities: Aqua Gym, Clubhouse, Gym, Children's Playground, Swimming Pool, Tennis Court, Indoor Games, Library, Jogging Tracks, Cycling Tracks, Gardens, Sports Room, Basket Ball Court, Badminton Court, Parks, Squash Court, Pool Table, Laundromat, Tele Medicine Centre, Convenience store, Crèche, Concierge, Spa, Terrace Garden, Mini Theater, 3 Banquet Halls, Games room.

Price Comparison With Nearby Projects

Low pre launch price, despite very good connectivity and favorable location near offices and shopping complexes, has led to very high investor and end user interest in this property Purvankara Purva Highland located on Kanakapura Road is has a starts from 54 Lakhs onwards.
The project is targeted primarily at the luxury segment and people working in the Electronic City, Bannerghatta road, Hosur Road and surrounding areas. With a very good catchment area, and a lower entry price compared to other projects in the location, the project was good for short term investors, but now the prices have stabilized to comparable projects in the surrounding.
The current entry price is slightly on the higher-end when compared to other projects in the vicinity. This could be justified considering the builder's reputation, strong location and excellent demand when the project was launched.

Neighborhood Overview

Subramanyapura is a prominent neighborhood in Bengaluru, located near the NICE Bangalore Mysore Expressway. The area is easily accessible from Padmanabha Nagar, Chikkalsandra, JP Nagar Phase 1, 5, 6 and 7, Uttarahalli, Anjanapura, Banashankari and Rajarajeshwari Nagar.
The Kempegowda International Airport is around 50.9 kilometers away, reachable through the NH7 and the Outer Ring Road. The Bangalore City Railway Junction is 11.8 kilometers away via the TCM Royan Road.
Subramanyapura real estate is well-liked among both investors and end-use buyers because of its well-developed social infrastructure.
Hospitals in the vicinity are Perfetual Help Hospital, Nagarathna Hospital, Metro Hospital, Bangalore ENT Surgical Clinic, Rajnandini Hospital and Venkateshwara Clinic. A range of schools are located in the vicinity of Subramanyapura. Some of them are Lavtra Community College, New Millennium Public School, Delhi Public School, Sri Shanthinikethan School, Dayananda School, SM English High School and Gyan Jyothi Public School.

Appreciation Potential

The project was initially opened at a price of Rs.4952 per sq. ft. and had risen to Rs.6190 per sq ft. in 1 year, which represents a steep appreciation of 20 %. Given that the prices have reached higher levels we expect future price appreciation to be moderate. However, future infrastructure developments could provide additional scope for appreciation.
Close proximity to upcoming Metro Station & ISKON Leela Park when a price increase can be expected.
The location is a strong point given the presence of good road infrastructure and expressways and proximity to various software, BPO and other offices on Bannerghatta Road and Electronic City.
Owing to the proximity to Electronic city and ORR, rental returns will also be higher due to the demand from working professionals.

Existing Infrastructure

The location of the project is very good in terms of connectivity to Work locations in Electronic City or Bannerghatta Road.
Currently most of the social infrastructure is already in place and also the accessibility is very good from all parts of Bangalore South.
BWSSB pipeline has reached very close to the existing project site and once it’s functional, the project will get access to the same.

Future Infrastructure

The area has good social infrastructure and also many government projects in pipeline. Metro has been planned in this location.
The area is currently developing at a rapid pace and thus traffic congestion is already high, but the presence of essential social infrastructure makes it a good area to live in.
Another major infrastructural project that has helped Kanakapura Road emerge as the next residential hub in South Bangalore is the Gokuldas SEZ, which has been approved by the Government of Karnataka.
The SEZ will be set up on Kanakapura Road by Gokuldas Exports Ltd.; and would house a supreme Apparel and Textile Park, sprawling across an area of 400 acres. The SEZ will include about 50 factories and will provide employment opportunities to about 50,000 people.

Locality Review

Excellent location with very good connectivity
The road is well connected with most parts of South Bangalore
Very good social infrastructure is in place in terms of reputed hospitals, schools and malls
Namma metro has proposed connectivity from areas as far as Tataguni, via Kanakpura Road, to major business localities.
Kanakapura Road is one of the favored localities of many of the presumed builders and developers in the city like Sobha, Nitesh, Concorde, Prestige, Brigade, etc. Easy availability of Cauvery water, projected infrastructural developments and reasonable land prices are reasons behind the same.
People employed in Bannerghatta Road and Electronics City prefers to settle in Kanakapura Road as the area offers a cheaper accommodation with an outstanding connectivity to their workplaces.
The lowest rate charged is Rs 3,000 per sq ft, charged by Shivaganga’s Harmony.

Location Ground water

Low but might get BWSSB supply around possession from nearby pipelines already laid by BWSSB

Project Risks

The highest rate of Rs 6190 per sq ft is charged by Mantri Group’s Serenity.

Locality Risks

Traffic Bottlenecks while accessing major roads during peak hours
Civic amenities are still under development in the vicinity

  • Segment: Luxury
  • Uniits: 2 Bhk, 3 Bhk
  • Sizes: 1015-1700 Sqft
  • Total Units: 1425
  • Approx. Price: INR 6200/Sq ft
  • Total Area: 19.2 Acres

Amenities

  • Gym
  • Swimming Pool
  • Tennis Court
  • Gardens
  • Indoor Games
  • Internet
  • Terrace Garden
  • Creche
  • Library
  • Clubhouse
  • Laundry Room
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