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Mantri Developers Sells Rs 6-Crore Penthouse on Snapdeal

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Mantri Developers Sells Rs 6-Crore Penthouse on Snapdeal
In what Mantri Developers calls the biggest online home sale till date, the Bengaluru-based real estate developer has sold a luxury penthouse in the IT capital of India on e-commerce platform Snapdeal.

The penthouse has fetched Mantri Developers a whopping Rs 6 crore. Mantri Developers recently tied up with Snapdeal to sell premium and luxury residential apartments online.

"We have been able to achieve a sale for one of our most premium properties - Mantri Espana worth Rs. 6 crore. It is the highest online residential sale in present times," said Sushil Mantri, MD of Mantri Developers.

Designed around Spanish colonial architecture, Mantri Espana unifies the Mediterranean style with modern design-patterned arches, tiled courtyards, red roof and terraces along with expansive windows and open space, the developer said.

"Real estate category on Snapdeal has been growing at over 400 per cent since its launch in August 2014 and is shaping into one of the most exciting categories for us," said Amit Maheshwari, VP fashion, FMCG and real estate at Snapdeal.


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