Mantri celestia Hyderabad delayed for more then 5 years(total is 8 years). how can you people expect to get with only 2 years delay. wait for 3-4 more years.
Dear Flat Owners, the Current status of the building is nowhere near completion.
Every time on being contacted there is an unresponsive commitment of completion within 6 months with nothing actually moving on ground and this is happening for almost two years.
I am facing a financial burden of installments of housing loan, rent of present house along with lot of mental agony. I urge the flat owners to team up & sue them for appropriate compensation.
Sir, I am also suffering the same agony as you. We paid 95% cost in May 2013 on a renewed promise that the possession will be as per schedule in March 2014. Ever since there seem to be an unending saga of promise and default. While we are losing around Rs 1 Lac per month on interest, the compensation for delay by the builder is only Rs 6600/- pm. and they are not listening. Besides this, the finishes are being downgraded. I agree with you and am willing to team up with the fellow sufferers to take up the cause in a larger group. Please advise how to move forward in this direction....Regards.
Agree...this is one of the worst cases of cheating by the developer. Project showcased as a very high end super luxury iconic tower, promised to be ready in March 2014. Payments collected on structural slab progress, 95% already taken as in May 2013 when only the bare structure was done. Balance works/finishes etc. very slow progress with inferior cheap materials replacing the high end finishes promised on booking....Top management not available for any meeting, no one there to provide any info. Project completion still uncerytain.
This is one of the worst project. The possession of flats were supposed to be given by May 2014 and since then there is regular delay. It has been more than year and still there is no concrete answers from the builders as to when the flat will be handed. The response by the builder is also very bad. Every 2-3 months there representative keeps changing and then you will have to talk to new representative the whole problem. The current work progress is very slow and there is hardly any work going on. The facade is still incomplete and the High Crane has been removed from the site so I doubt at what rate they will finish the work. So if you looking for something nice i will suggest you to look into some other property and not to waste your hard earn money here.
No one in Mantri developers is ready to provide an answer to this question...why they are taking so much time to complete the project? Worst sufferers are the people who made bookings initially as they have paid 95% cost in mid 2013 itself when the possession was re-confirmed to be given in March 2014. Since then the developer is sitting on their money with no commitment of completion and now even the quality of finishing is also being compromised...
Hi manju, Is there a delay in possession? Because after reading this thread it seems the project was supposed to get completed somewhere 2014 and it was told to me that the project will be done by 2015 end
The size of the apartment ranges from 2200 sqft to 3595 sqft. The rate per sqft going on in this project is Rs 8000. The Pinnacle transcends your expectations with features like helipad, Sky Lounge-Coffee shop on the 41st floor, an observatory on the 42nd, Aqua Gym and a mini Theatre, Tennis Court, Children’s Play Area, Swimming pool with toddler’s pool and a jogging/walking trail
Project going very slow. Now officially the possession date is delayed by 10 months (Jan 2015). Sad story for customers who were looking forward to possession in March 2014.
Status totally uncertain even now (Sept 2015). No credible update from the developers. Mr Mantri not willing to meet & listen to aggrieved customers. Terrible state of affairs.
Mantri DSK Pinnacle is one of the ongoing projects by Mantri Developers in Bannerghatta Road. This marvel comprises 3/4/5 BHK homes and rises to 46 floors. Homes equipped with smart home technology, powered by Cisco. Mantri DSK Pinnacle is one of the South India's tallest residential tower