Mantra Properties Completes 14 Years in Pune’s Realty Sector

Pune-based renowned developer and creator of lifestyle homes, Mantra Properties, recently completed 14 successful years in the Pune real estate industry. The company had achieved peak performance during the pandemic by recording highest sales of over 675 units for the period August to October 2020 and has continued to show positive outcomes. Mantra Properties has become a beacon of light to the Pune realty sector especially in the mid segment housing. Mantra Properties has been actively pushing the conventional boundaries of Pune’s real estate with its innovative projects and campaigns. In 14 years, Mantra Properties has grown at path breaking speed. Amidst the chaos and distress caused by the COVID19, Mantra Properties created a success story with its innovative campaigns - Mantra Ghar Banaye Dhani, 8% Ki Aamdani and converted the otherwise dull market into an opportunity by quickly adapting to the change caused by new normal and paving way for a revival of property sales. Mantra Properties have completely delivered 11 projects and phase wise delivery in 8 projects spread in all directions across Pune and PCMC. With currently 15+ ongoing projects and a total of 66 lakhs sq.ft. under development, Mantra Properties has one of the largest footprints of inventory in Pune and PCMC. Rohit Gupta, CEO, Mantra Properties said, “We are extremely proud of our journey of 14 glorious years. Mantra Properties has grown from a start-up in the real estate sector to a significant player recognised for its quality work and landmark projects in the Pune realty market. We have carved a niche for ourselves. Our focus has always been to give our customers a home that they always dreamt of and build memories that last a life time. 2021 is a milestone year for us, as we look forward to another decade of growth. We have achieved this success through the hard work and dedication of our team as well as the immense faith and goodwill of our customers, partners, vendors, bankers and other stakeholders. These 14 years have been built on dedication, professionalism, integrity and customer service in business.” Nitin Gupta, Sr, Vice President – Sales, Marketing and CRM, Mantra Properties added, “We have looked at real estate as something beyond a tangible asset and build a solid bond with our customers. We have been consistent at retaining focus on innovative designs and customer delight, and established a conducive internal culture celebrating our own teams as the champions of the Mantra brand. Together, these values have become the hallmark of Mantra’s identity, and the cornerstone of our success. We have always got tremendous response from customers. While the last 6 months are an indicator of the company’s peak performance, Mantra Properties is extremely bullish about the next 12 months as well given the increase in demand for home buying as well as central and state government’s initiatives to boost the realty sector.” During the Covid-19 pandemic in 2020, as the real estate sector reeled with distress and chaos, Mantra Properties ran an innovative campaign called “Mantra Ghar Banaye Dhani, 8% Ki Aamdani”, which is a scheme that works like a recurring deposit for two years, wherein, on whatever payments the customer makes toward their home, they will receive 8% ROI calculated on the period and the same will be paid out at the end of first year, and so on. The campaign revitalized the dull market and was a great success for Mantra Properties.