Malleswaram | Mantri Greens | 41 fl Tower + Mall + Hilton hotel + Apartments

[avinash2060]

Bangalore: It’s yet another feather in Bangalore’s cap. This will be the only city in the country where the Metro train will stop at a swanky commercial tower with a spacious parking basement for cars, close to a huge mall.
The Sampige Road station at Malleswaram will be the only station of the 33 elevated ones under Metro’s phase I (to be completed by March 2013) to have such a plan. Passengers who get down at this station will have direct access to the tower and Mantri Mall on Sampige Road. With a 20-month deadline, this is also Bangalore Metro Rail Corporation’s (BMRC) first project to be taken up under public-private partnership (PPP) in the city.
Chief minister B S Yeddyurappa who laid the foundation stone for the project on Thursday, said: “This is the first PPP project for Bangalore Metro. Such initiatives should help in completion of projects on time. This is most important for a city like Bangalore that’s rapidly expanding.”
Apart from the local MLA and MPs from Bangalore North and Central, newly elected corporators of Malleswaram attended the event.
THE PPP WAY
BMRC has acquired 5 acres, 4 guntas of land for this station. This is from the total 24-acre land that belongs to Mantri Developers. As per the PPP arrangement, the land is being provided free of cost for constructing the station. The 80,000-sqft station at an estimated cost of Rs 30 crore will be constructed by Mantri Developers. This, as part of its project of an 8-lakh sqft commercial tower surrounding the station. The station will be designed by the BMRC.
Compensation to the private partner is the right to use the space surrounding the station ‘with due regard to safety norms’ for 99 years. During this period, the BMRC is also entitled to revenue share of 1% initially to 5% in the later stages.


Render:


Old Concept Design:

[avinash2060]

With the development of Mantri Square, Mantri Developers now enters yet another vertical in the growing real estate industry. The mall, located at #1 Sampige road in Malleswaram promises a truly international retail experience. With a wide variety of stores offering shopping, entertainment and dining, Mantri Square would complement Bangalore's status of 'global city'. Designed by internationally renowned Bentel Associates of South Africa, Mantri Square will combine modern design with contemporary Indian aesthetics through its unique and innovative architectural design.

Mantri Square is credited with many firsts:

• At 1.7 million sq.ft., Mantri Square is largest mall in India
• The only mall in Bangalore to have 5 department stores - Lifestyle, Marks & Spencer, Reliance Trends, Pantaloons and Shoppers' Stop - all under one roof.

The other unique features of the mall include:
• Over 10,000 brands across apparel, footwear, accessories and other lifestyle products.
• Over 250 outlets selling a wide variety of merchandise and offering the best of national and international brands.
• 39 Options in F&B - from the food court (with the largest food court in Bangalore with over 1,000 seats) to 4 fine dining restaurants to fast food outlets to coffee shops, juice bars and lounge bars.
• A 6 theatre multiplex with a 71 Seater gold class.
• Over 2,00,000 sq.ft. of food, leisure & entertainment!
• Parking space for over 2,000 cars
website:With the development of Mantri Square, Mantri Developers now enters yet another vertical in the growing real estate industry. The mall, located at #1 Sampige road in Malleswaram promises a truly international retail experience. With a wide variety of stores offering shopping, entertainment and dining, Mantri Square would complement Bangalore's status of 'global city'. Designed by internationally renowned Bentel Associates of South Africa, Mantri Square will combine modern design with contemporary Indian aesthetics through its unique and innovative architectural design.

Mantri Square is credited with many firsts:

• At 1.7 million sq.ft., Mantri Square is largest mall in India
• The only mall in Bangalore to have 5 department stores - Lifestyle, Marks & Spencer, Reliance Trends, Pantaloons and Shoppers' Stop - all under one roof.

The other unique features of the mall include:
• Over 10,000 brands across apparel, footwear, accessories and other lifestyle products.
• Over 250 outlets selling a wide variety of merchandise and offering the best of national and international brands.
• 39 Options in F&B - from the food court (with the largest food court in Bangalore with over 1,000 seats) to 4 fine dining restaurants to fast food outlets to coffee shops, juice bars and lounge bars.
• A 6 theatre multiplex with a 71 Seater gold class.
• Over 2,00,000 sq.ft. of food, leisure & entertainment!
• Parking space for over 2,000 cars

[avinash2060]

Most Admired Shopping Centre Launch of the Year – South
Winner: Mantri Square (Bengaluru)
Mikio Suzuki, Amtech Exim Indoor Recreation and Anchalee Suzuki presented the award to Jermina Menon, GM Mall Marketing, Mantri Developers
Nominees:
* Mantri Square (Bengaluru)
* Ampa Skywalk (Chennai)
* GVK One
* Forum Value Mall (Bangalore)
* Inorbit, Hyderabad

[avinash2060]

April 15th, 2010
DC Correspondent

April 14: The Bengaluru Metro Rail Corporation Ltd.(BMRCL) and Mantri Developers have entered into a joint venture for the construction the Swastik Metro station at Seshadripuram.

It is a win - win situation for both Mantri and BMRCL as the commercial dividends will be shared between the two, official sources said. The pact will be inked in the presence of Chief Minister B. S. Yeddyurappa on Thursday.
BMRCL will acquire 5.04 acres of the 24 acres belonging to Mantri for the station, which the company will build along with a commercial tower at a cost of Rs 30 crore as part of its mega plan to create a commercial hub over 24 acres in the heart of the city. “Mantri Developers will construct a Metro station according to BMRCL's specifications.

While BMRCL will earn revenue out of the commercial real estate development, Mantri will continue to have a hold on the property which it acquired through an auction.

However, the percentage of each company's share has not yet been decided," sources added. Mantri may come with its own design for the station subject to the approval of the BMRCL or it could go for a design suggested by the BMRCL.

Expression of interest will be invited from builders keen on entering a public-private-partnership for construction of Metro stations with commercial complexes.

As Namma Metro will cut through Mantri property, people will not only have access to the Metro station, but will also be able to enjoy a shopping experience.

[avinash2060]

Bangalore, Apr 15, DHNS:

The foundation stone for the first elevated metro station to be built on - Public-Private-Partnership (PPP) model was laid by Chief Minister B S Yeddyurappa at Sampige Road on Thursday.

Bangalore Metro Rail Corporation Limited (BMRCL) will be a partner with the Mantri Infrastructure Private Limited (a unit of Mantri Developers Pvt Ltd) in the venture. Speaking on the occasion, the chief minister exuded optimism that seven km of Reach One of the first elevated section from Byappanahalli to Chinnaswamy Cricket Stadium would be commissioned for commercial operations by December.

“The Phase One covering 42.3 km is likely to be commissioned by March 2013,” he said.
Lauding the PPP model, Yeddyurappa said ventures of this kind will help reduce project costs besides ensuring immediate social benefits. "Such initiatives should be explored more often by the civic bodies for the benefit of end users," he added.

Infrastructure work

The State will spend Rs 200 crore to develop 25 lakes in Bangalore, he said. "In the next three years, Rs 18,872 crore will be spent for the development of Bangalore. As many as 15 infrastructure projects will be undertaken at a cost of Rs 4,000 crore,”he added.

He said that mono rail and local trains were necessary for Bangalore due to the growing population here. Metro will facilitate reduction in air and noise pollution besides reducing travel time for the public, Yeddyurappa added. Thirty-three elevated stations will be built in the first phase of Namma Metro project.

Land acquired

Five acres and 4 guntas of land have been acquired from Mantri Developers for the construction of the station. As per the PPP agreement, the land will be provided free of cost by the developer. The construction period is 20 months. The compensation provided to the private partner is the right to use the space surrounding the Metro station for a period of 99 years.

During this period, Namma Metro is also entitled to a minor share in the revenues ranging from 1% initially to 5% in later stages. A commercial complex will be constructed around the station building on 80,000 sqft. The commercial tower will come up on 8 lakh sqft. Parking will be provided for 2,000 cars.

[gentem]

Originally Posted by avinash2060

With the development of Mantri Square, Mantri Developers now enters yet another vertical in the growing real estate industry. The mall, located at #1 Sampige road in Malleswaram promises a truly international retail experience. With a wide variety of stores offering shopping, entertainment and dining, Mantri Square would complement Bangalore's status of 'global city'. Designed by internationally renowned Bentel Associates of South Africa, Mantri Square will combine modern design with contemporary Indian aesthetics through its unique and innovative architectural design.

Mantri Square is credited with many firsts:

• At 1.7 million sq.ft., Mantri Square is largest mall in India
• The only mall in Bangalore to have 5 department stores - Lifestyle, Marks & Spencer, Reliance Trends, Pantaloons and Shoppers' Stop - all under one roof.

The other unique features of the mall include:
• Over 10,000 brands across apparel, footwear, accessories and other lifestyle products.
• Over 250 outlets selling a wide variety of merchandise and offering the best of national and international brands.
• 39 Options in F&B - from the food court (with the largest food court in Bangalore with over 1,000 seats) to 4 fine dining restaurants to fast food outlets to coffee shops, juice bars and lounge bars.
• A 6 theatre multiplex with a 71 Seater gold class.
• Over 2,00,000 sq.ft. of food, leisure & entertainment!
• Parking space for over 2,000 cars
website:With the development of Mantri Square, Mantri Developers now enters yet another vertical in the growing real estate industry. The mall, located at #1 Sampige road in Malleswaram promises a truly international retail experience. With a wide variety of stores offering shopping, entertainment and dining, Mantri Square would complement Bangalore's status of 'global city'. Designed by internationally renowned Bentel Associates of South Africa, Mantri Square will combine modern design with contemporary Indian aesthetics through its unique and innovative architectural design.

Nice pics.. 2nd pic is upper ground floor and lower ground floor seen from mall entrance. last one is food court looks like a beach setting with natural sunlight

[avinash2060]

[gentem]

http://www.mantrisquare.com/interact...trisquare.com/


KFC and taco bell at upper ground floor entrance

[avinash2060]

[avinash2060]

Bangalore,Mar 17, dhns:

Mantri Developers, on Tuesday, announced the opening of Mantri Square in Bangalore, which, the company claims, is the largest mall in India. Mantri Square is spread over 1.7 million sq ft having 252 retail outlets (including 39 F&B outlets) offering over 10,000 brands, the company said.

Built with an investment of over Rs 500 crore, Mantri Square will also generate direct employment for over 4,600 people. Briefing reporters, Mantri Developers CMD Sushil Mantri said Mantri Square has been created after making in depth study of many successful malls in the world. The car park has capacity for 1,800 four wheelers and 550 two wheelers. The consumer is spoilt for choice with over 250 stores to choose from across categories catering to various needs. The mall has six anchor stores — Spar Hypermarket, with its largest outlet in India, at 90,000sft, 5 departmental stores — Lifestyle, Shoppers Stop, Pantaloon, Reliance Trends and Marks & Spence, 6-screen INOX multiplex with seating capacity of 1,497 seats.. Mantri Square also boasts of a 12 lane Amoeba bowling alley with a gaming centre.
The widest retail options at Mantri Square will be complimented with flavours from national and internationally acclaimed kitchens. With 39 F&B outlets the mall will have the largest food court and dining area in Bangalore. It has 1 lakh sq ft area and can accommodate over 1,000 people.

[avinash2060]

BANGALORE: Leading real estate player Mantri Developers today announced the opening of one of India's largest malls Mantri Square spread over 1.7 million square feet and which would soon have a metro connectivity as well.

With an investment of over Rs 500 crore, the mall boasts of 252 retail outlets offering 10,000 brands, Sushil Mantri, Chairman and Managing Director, Mantri Developers told media.

The highlight of the mall would be its connectivity to railway station which is being jointly developed by the metro rail authorities and Mantri developers on five acres of land belonging to Mantri and leased out to the government.

A bridge would lead the commuters getting off at the station to the second floor of the mall, providing shoppers an international experience, he said.

The station is expected to provide an additional footfall of 20,000 once it becomes operational in two years time frame. The developers expect the footfall to go up to one lakh a day once the station was operational.

The station area would cover around 80,000 sq feet and would involve third party maintenance, he said.

Inspired by worldwide mall architecture, Mantri Square has wide corridors almost 40 feet wide to allow shoppers to move comfortably in peak hours. It boasts of a roof 450 feet long nd 135 feet wide that allows natural sunlight.

The mall would introduce some leading international brands first time in the country, including Taco Bell, the leading Mexican inspired food chain, Leading Italian brand OVS. It would also see many national brands launching their outlets for the first time in the city, he said.
source:http://economictimes.indiatimes.com/...ow/5686520.cms

[avinash2060]

[passionatewasim]

Good thread... keep it up... looking forward for updates and pics...

[rsrikanth05]

All I can say is that I pity the people living in this apartment complex. Even if I had all the money in the world, I wouldn't live amidst all that confusion, congestion and noise. Even though, it is NEXT to a Metro station..

[think-tank]

Originally Posted by rsrikanth05

All I can say is that I pity the people living in this apartment complex. Even if I had all the money in the world, I wouldn't live amidst all that confusion, congestion and noise. Even though, it is NEXT to a Metro station..

Actually this is nothing compared to HK, I've lived there for a couple of weeks and it was really horrible, almost everyone I met had some sort of breathing, stress and lung disorder due to pollution.

[avinash2060]

· INDIA’s LARGEST MALL – GLA 9,17,000 sft (~2.7 x Forum, ~4 x Garuda, bigger than Ambi Mall Gurgaon); BUA 1.3 million sft (Total MXD 4.2 million sft); 261 Retail Units in 1st Phase.

· 2080 Parking Spaces; 28 Escalators; 18 Lifts; 11 Staircases; 29 Unloading Docks – there’s nothing quite like it in India.

· 15 Anchors & mini anchors – including SPAR Hypermarket, Lifestyle, Shoppers Stop, 6-audi 1526-seat INOX (with 71-seat AURA), Pantaloons, Reliance Timeout, Marks & Spencer, Tata Croma, Reliance Trends, Home Centre, Marina, Showoff, 14-kitchen Food Court, a 800-pax Banquet & Conference Centre and the largest FEC in South India.

· Projected footfalls of 43,000 Avg Daily Visitors in 2009, 58,600 by 2011 and >70,000 with Metro link; Sales of Rs.90 crores pm by 2011.

· To be connected to Swastik Metro Stn, scheduled for 2011; malls worldwide (including Delhi) have seen significant benefits of this; will also add 1000+ Parking Spaces.

· 4.8km from GPO, 1.3km TAJ West End, 1.8km City Rly.Stn., 1.2km Central Bus Terminus, located in East Malleswaram, 10-15 mins from upmarket areas Sadashivanagar, Palace Orchards, Kumarapark, Dollar Colony, Majestic, Benson Town, Jayamahal, Gandhinagar, Sheshadripuram, Rajajinagar, Vasanthnagar; 20-25 mins to MG Rd, Commercial St, Cunningham Rd; <30 mins to >65% of Bangalore’s SEC A+/A/B population. Please see attached MAP to better understand this.

· Roads on 3 sides. Entrance/exit on the left side of one-way road, easy to get in & out.

· 2 Hotels (including Hyatt Place), Convention Centre, 41-storey 1 million sq.ft. Office Tower planned within 3-4 min walking distance.

· 37 F&B formats (more dining options than Brigade Road and Church Street) include The Great Kabab Factory, Rajdhani, Pizza Hut, Taco Bell, KFC, McDonalds, Nagarjunas, Barista Crème, Café Pascucci, Kalmane Coffee, Shiv Sagar, Beijing Bites, Taj Express, Flavours, Sweet Chariot, Cookieman, Booster Juice, Annapurani, Veg By Nature.

· Strong tenancy mix for long-term success. Apart from usual mall tenants like Titan, Levis, Wrangler, Metro, Adidas, Reebok, FCUK, Calvin Klein, William Penn, Tommy Hilfiger, etc., we’ve got many traditional Bangalore retailers/brands such as Favourite Shop, Nagarjuna, Showoff, Fazals, Jamals, etc. ALSO, in addition to clothes, footwear and food, here one can get much more ….. cricket bats & wickets, car & 2W accessories, wines & liquors, haircuts, foot massages, photo processing, tailored suits, music store, air & bus ticketing, financial services, banqueting and even a wedding planner, so that people don’t need to drive around Bangalore anymore, especially with lakhs of Nanos adding to already overcrowded roads.

[avinash2060]

[avinash2060]

[avinash2060]

Mantri Developers Gets All Approvals, But Has No Plans To Build Complexes
Vinay Madhav & Aarthi R | TNN

Bangalore: How often does a developer get all the regulatory approvals for blockbuster projects and then decides not to implement them? Quite unheard of, actually. But that’s exactly what’s happening around Metro’s Swastik station in Malleswaram.
Mantri Developers has submitted proposals and got approvals to build two large complexes on land that was originally notified for acquisition by the BMRC for the Metro project in Malleswaram. Now under Public-Private Partnership (PPP) that Mantri group has entered into with BMRCL, a metro station is being built at the site along with a residential tower of 34 floors and commercial tower of 18 floors. Both these buildings will have three basements each. On this five acre plot, the metro station will come up on two acres of land. Mantri’s been allowed to build these projects in lieu of the land given to the Metro.
Approval for these towers has been granted by BBMP as well as the fire department. However Sushil Mantri, chairman and managing director of Mantri Developers told TOI: “We have no other plans apart from the Metro station right now.”
The twin projects have aroused a lot of interest among residents in Malleswaram as the traffic situation in the vicinity of the project has been exacerbated by the opening of the hugely popular Mantri Mall. In fact, next to the mall, there’s already another Mantri residential project.
According to BBMP, the project proposal was approved when Bharat Lal Meena was the commissioner. When contacted, Meena confirmed saying, “Yes. A part building approval was given for the complex. But, that was in accordance with the permissible FAR and also depending on the road width.’’
Fire force director (technical) B G Chengappa said that the department had cleared the project. “There are three buildings in it. The commercial tower will stand 18 floors above the ground floor, the residential building will have 34 floors above the ground floor. Both the buildings will have three basements each and a ground floor. While the commercial tower is 79.45 meters, the residential complex will measure 112.95 meters,’’ he said.
This makes Mr Mantri’s comments to TOI that he’s not developing these two projects even more intriguing.
The other party involved, BMRC MD N Sivasailam made it very clear to TOI: “BMRC is involved only in the station. This also includes the commercial complex above the station platform and the alternate road arrangement for traffic management that’s being taken up by the BBMP. This is less than two acre of the total five acre land. The other complexes, if any will not come under our purview. That land is not ours so how can we have a say in it?’’
The project needs clearance from Karnataka State Pollution Control Board. Its chairman Sadashivaiah said that it had not come to them yet. “All the railway projects are out of our purview. However, the other two buildings have to get clearance from us,’’ he added.
As local residents are concerned about the traffic congestion of the projects, TOI spoke to additional commissioner of police (traffic), Praveen Sood. He was not aware of these developments. “I am hearing it for the first time. If such a plan comes up, those developing the project will have to show supporting plans to ensure smooth flow of traffic,’’ he added.
WHAT THE PROJECT IS ALL ABOUT Two complexes (a commercial and a residential ) are being built by Mantri as a result to having given 2-acres of land for the metro station in Malleswaram. The remaining threeacre parcel left-over within 150 m from the station boundary has earned the builders 4 times Floor Area ratio (FAR) as per the government order (GO). This, adds upto approx.
51 floors or 10-12 lakh sq ft built up area.
The PPP agreement available on BMRCL’s website makes it very clear that “the available FAR after the construction of the tower shall be utilized by the concessionaire exclusively on its land for an integrated development as per the scheme.’’
PEOPLE SIDE Lack of clarity on the proposed developments has worried residents of Malleshwaram. “Nobody is giving us clear answers. We have approached almost all concerned agencies,’’ Anand Sirur, president of Malleswaram Swabhimana initiative told TOI. ABIDe’s convenor and MP (Rajya Sabha) Rajeev Chandrasekhar said, “A number of Malleswaram residents have met me and conveyed their worries, concerns, anguish and frustration at the ‘transformation’ of their neighbourhood - a transformation that’s not just altering their neighbourhood but also bringing in commercial development and all its consequent issues of traffic, law and order, sanitation with no solutions or plans for any of that. I have promised my support to them in asking the government to seek out citizen views in any transformation of a neighbourhood and have citizens agree to such transformation before its permitted. I have also urged them to reach out to their local MLA and corporators and brief them and seek their support in approaching the CM.”

Commercial complex: 85,346 sq mtr (Built up area) — 79.45 m (height)
Residential complex: 62,009 sq mtr (Built up area) — 112.95 m (height)
Metro station: 7,406 sq mtr (built-up area) — 10.65 m (height)
EXPERT OPINION
Whenever such a huge project of more than 20,000 sq mtr or 2 lakh sq feet built-up area is envisaged, the client has to do various studies and submit the environment impact assessment or rapid environment impact assessment report to state committee formed by GoI MOEF. For this, they should take a water-quality, water sampling and sewage, drainage, electricity and traffic impact assessment’’
— M Sreehari | TRAFFIC EXPERT

http://epaper.timesofindia.com/Defau...Mode=HTML&GZ=T

[engineer.akash]

Mantri Square bags BEST RETAIL PROJECT OF THE YEAR award
India Infoline News Service / 19:35 , Dec 17, 2010

The Property Awards 2010 recognizes, honor’s and celebrates the achievements of all those individuals and organizations, which have made the real estate industry proud by their outstanding work.

Mantri Square, the largest mall in India, has been adjudged the best RETAIL PROJECT OF THE YEAR at the Property Awards 2010 held in Mumbai on 15 December 2010 at Hotel ITC Maratha.

The Property Awards 2010 recognizes, honor’s and celebrates the achievements of all those individuals and organizations, which have made the real estate industry proud by their outstanding work. The awards were given amongst 19 categories covering all facets of the real estate industry. The same diversity was also seen in the panel of jury members, who consisted of over 60 industry leaders from among real estate developers, property consultants and government advisory bodies amongst others.


Speaking on the occasion, Sushil Mantri, Chairman and Managing Director of Mantri Developers Pvt Ltd said “This award is yet another testimonial of our commitment to excellence and superiority. It is an endorsement of our promise – to offer an international retail experience to every shopper. The world class design and facilities offered by Mantri Square complements Bangalore’s status of a “global city”. This award attests the success of our people in delivering exceptional service and I would like to congratulate the Mantri Square team for the achievement.”

Link

Sudheesh do you know the other nominations for retail segment? Amazing WTC Brigade won the best commercial project.Bangalore is surely rocking!!!

Cheers