Mantri Serenity project phase-2 start itself is delayed by one year now. Buyers have paid full payment upfront believing in pre-EMI holiday scheme. Delay will eat away the benefit of 36 months pre-EMI holiday to buyer. Mantri has received 95% of the total money already. Of the 95% money received, they pay around 10.5% interest to buyers for 75% of the money under pre-EMI holiday scheme and 20% of the down payment part came as interest free fund. There is huge delay by Mantri in paying pre-EMI interest month on month already. Mantri has received money for a commercial project at RBI subsidized home loan interest rate of 10.5% while commercial borrowing interest is more than 18% and a personal loan interest itself is more than 15%. It is no secret why the project is getting delayed. Despite this huge cost advantage Mantri seems to stretch this beyond limit. Hope and wish better sense, trust, honesty, integrity and best business practice will prevail.