₹1.1 crore for a 2BHK at Mantra Mesmer is a big jump for me but I'm so fed up of renting. I'm looking at it purely from an investment lens, hoping for good rental yield to cover most of the EMI. What's the real capital appreciation potential here? And what about Mantra Properties' delivery track record, are they generally on time?
Mantra Mesmer is a Under Construction residential complex by Mantra Properties in Kirtane Baug, Pune, spanning a large land parcel with multiple towers and multiple units. It offers 1 BHK, 1 RK, 2 BHK from ₹1.0 Cr, 3 BHK from ₹1.26 Cr, 3 BHK Duplex from ₹1.2 Cr catering to families and investors alike.
Periodic offers on 1 BHK, 1 RK, 2 BHK from ₹1.0 Cr, 3 BHK from ₹1.26 Cr, 3 BHK Duplex from ₹1.2 Cr at Mantra Mesmer by Mantra Properties are available through verified brokers on Propmyna. With prices at ₹99.7 L – ₹1.3 Cr and appreciation of 2.29%, early bookings offer the best value.
Yes, Mantra Mesmer by Mantra Properties is approved by major banks and housing finance companies. RERA registration number P52100031475 assures lenders of the project's legal compliance, simplifying the home loan process for buyers.
Mantra Mesmer by Mantra Properties is currently Under Construction. If you are looking for immediate possession, our verified brokers on Propmyna can help you explore available ready-to-move inventory and resale units in Kirtane Baug, Pune.
quality construction and premium lifestyle. Mantra Mesmer offers 1 BHK, 1 RK, 2 BHK from ₹1.0 Cr, 3 BHK from ₹1.26 Cr, 3 BHK Duplex from ₹1.2 Cr starting at ₹99.7 L with Amphitheater, Cricket Pitch, Skating Rink, Fire Sprinklers, Table Tennis, and more, spanning a large land parcel with multiple units in Kirtane Baug, Pune. RERA registered under P52100031475 for full buyer protection.
Comments
Okay, so everyone is saying the rental yields are too optimistic and the builder has a mixed track record. So what's the actual ground reality for rental income in that area? Any data points from people who own properties there? I'm trying to calculate if even 70% of EMI can be covered.
Yeah, my uncle has a flat in a similar new project, and the rental yield barely covers 30-40% of his EMI. You're better off considering it as a self-use property with some appreciation potential, rather than a pure investment to cover EMI. That's a recipe for disappointment.
I rented out my 2BHK near Sinhagad Road last year, it's a 5-year-old building. I get ₹18,000. New properties might fetch a bit more, but not double. Don't rely on builder's projected rental yield, it's always inflated. Ask local brokers for actual rates.
For a 2BHK in a new project, you might get ₹20-25k initially, but that's for a very good location and amenities. 70% of a 1.1 Cr EMI (assuming 9% interest) is around ₹45-50k. So, no, covering 70% from rental income sounds impossible for a 2BHK in today's Pune market.
My broker was pushing Mantra Mesmer hard, saying it's a 'once in a lifetime' opportunity. But then I looked at their older projects. Many people on other forums complained about quality issues post-handover. Don't just look at delivery time, check the build quality too. Investment hai, ek baar ka nahi.
Exactly! And for rental, tenants are super picky now. If the finishings aren't good or common areas are poorly maintained, you'll struggle to get good rent or even tenants. It's a long-term headache.
Quality is a huge point, thanks for bringing it up. What good is timely possession if you have to spend lakhs on repairs later? This happened with a project in Akurdi a few years ago. Buyers were furious.
The price range for Mantra Mesmer is ₹100 L – ₹1.3 Cr, so 1.1 Cr is right in the middle. But for a 2BHK, that's a premium in that area, right? Are there no other options from reputed builders that are closer to possession or already ready? Capital appreciation often slows down post-possession in such cases.
Hey U1, I was also looking at Mantra Mesmer a few months back. The RERA number is P52100031475. Possession date is officially 2026-12-01. But honestly, Mantra's track record is a bit mixed. Some projects delivered on time, some got delayed by a year or two. It's a concern for first-time buyers like us.
Delay is a real problem. For ₹1.1 Cr, you're looking at a big EMI. If possession gets delayed, you're stuck paying rent AND EMI for longer. That's a huge financial stress. Happened to my colleague, he totally regretted it.
Yeah, I've heard the same about Mantra. My cousin booked with them near Ambegaon and faced a 9-month delay. Not ideal if you're planning to move in right away or relying on rental income from day one.
₹1.1 crore for a 2BHK at Mantra Mesmer is a big jump for me but I'm so fed up of renting. I'm looking at it purely from an investment lens, hoping for good rental yield to cover most of the EMI. What's the real capital appreciation potential here? And what about Mantra Properties' delivery track record, are they generally on time?
Mantra Mesmer ke liye 1.1 Cr is high for a 2BHK, even for 2026 possession. My friend bought a 3BHK in Amanora Park Town last year for just a bit more. Rental yield expectations are usually unrealistic, especially with new projects. Builders inflate those numbers a lot.
Completely agree with the previous comment. Capital appreciation in the current market, especially for a project still under construction till 2026, is a huge gamble. Have you checked the RERA status properly?
Rental yields are always over-promised bhai. Don't fall for those fancy brochures, they show the best case scenario. Pune market mein itna easy nahi hai.