'Allegro Aureus', first ongoing project in Mangaluru to get CRISIL ‘6 star’ rating

Daijiworld Media Network - Business

Mangaluru, Jun 12: One of the well-known construction houses, Allegro Builders and Developers, has emerged as a name that enjoys stature for undertaking exceptional projects with timely completion.

Allegro Builders and Developers recently achieved a milestone on receiving a coveted CRISIL ‘6 star’ real estate grading for its much acclaimed project 'Allegro Aureus' at Vas Lane, Falnir, even before its completion.

The project hence enjoys a unique distinction of achieving a ‘6 star’ grading from CRISIL for an ongoing project.

D B Mehta

The CRISIL rating is awarded after a rigorous and comprehensive assessment of project parameters. The CRISIL rating is based upon the quality of the sponsor, construction, clear title, financial strength and reputation of promoters, architects, consultants and contractors, degree of innovation, quality of documentation done with the customers, customer service, office procedures and systemic protocols. The CRISIL rated projects are reviewed every year as well.

The location of a building immediately proclaims its stature. ‘Allegro Aureus’ is located in the elite enclave of Vas Lane, a Mangalurean locality famous for its beautiful bungalows and lavish residences along a lush tree lined avenue. ‘Allegro Aureus’ with its impressive edifice stands tall and towers over a central yet serene location.

‘Aureus’, which means gold, was discovered in the idea that ‘a perfect home is a rich treasure’. It certainly constitutes an attractive asset and rare possession. ‘Allegro Aureus’ has received tremendous response from home buyers and about 75% of its apartments are already booked.‘Allegro Aureus’ is on the verge of completion and is expected to be inaugurated in the next couple of months.

D B Mehta, the group chairman of ‘Allegro’ is also the president of Mangaluru CREDAI. He said, “Children’s safety is our utmost priority, as no one can predict how a child behaves, not even their parents. Children always want to run and play around. Even the common area of ‘Allegro Aureus’ is designed keeping children’s safety in mind.” He emphasized the eco-friendly features of ‘Allegro Aureus’ that help in saving of water and electricity. A high level of automation is simultaneously in place to enhance safety and security.

“Very few apartments are available in ‘Allegro Aureus’. This is an opportune time to invest in projects at prime locations. ‘Allegro Aureus’ is registered with RERA under registration no PRM/KA/RERA/1257/334/PR/171021/000490,” Mehta informed.

‘Allegro Aureus’ is an ultra-luxurious yet eco-friendly residential project with a comprehensive array of modern amenities and specifications. Many features in ‘Allegro Aureus’ are unique and first of their kind, to holistically enhance a gracious lifestyle.

Amenities/Specifications in 'Allegro Aureus'

Roof top swimming pool
Children’s play area
Visitors’ lobby and Gym area
One 13 passenger stretcher length and one 10 passenger high-end Elevators from Schindler
100% Backup power with DG control panel &separate meters
Pressurized water system 24x7, PRV valves for all water lines for equalizing pressure to reduce water wastage
Running hot water through solar and heat pump combination with a control panel
LED lights for balconies and common areas
St Gobain ST 167 tinted window glass for reduction in heat and UV light
4ft high ST 167 12mm toughened Balcony glass railing
Rain water harvesting
Cement based exterior putti for external walls also
Provision for inverter AC
Water filtration plant and RO plant for drinking water
Prepaid card system for reticulated gas connection
Mobile phone controlled main gate
Advanced South Korean make bio- metric lock system for the main door
Video door phone cum intercom and access security system for all the flats and at entrance lobby, 18 CCTV cameras and multi-DTH

For Enquiries Contact:

Allegro Builders & Developers
UG-II-5, Maximus Commercial Complex
Opp. K.M.C., Light House Hill Road
Mangalore - 575 001, Karnataka, India

Phone: +91 824 4250186, 4250187
Mobile: +91 99723 85189

Email Id: sales@allegroventuresindia.com

Website: Click here



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Comment on this article

  • Rakesh, Switzerland

    Sat, Jun 16 2018

    Congratulations Mr. Mehta! Well done! Feels great to be part of Aureus and I’m looking forward to moving in :)!

    DisAgree Agree [1] Reply Report Abuse

  • D B Mehta, Mangalore

    Tue, Jun 26 2018

    Thanks Rakesh. Looking forward to handing over possession asap

    DisAgree Agree Reply Report Abuse


    Thu, Jun 14 2018

    Congratulations to Mr.Mehta....Its another Feather In Your Cap.
    One of the prestigious projects in Mangalore.

    DisAgree Agree [9] Reply Report Abuse


    Thu, Jun 14 2018

    Mr.Mehta is known for good quality of construction and his commitment for customer satisfaction is highly appreciated. The project 'Allegro Aureu's in Vas lane is the ideal one for good investment.

    DisAgree Agree [8] Reply Report Abuse

  • D B Mehta, Mangalore

    Tue, Jun 26 2018

    Thanks GM for your encouraging words and looking forward to your continuous support.

    DisAgree Agree Reply Report Abuse

  • Fredrick Lobo, Mangalore / Dubai

    Wed, Jun 13 2018

    Congratulations DB Mehta and team on winning the most prestigious award "CRISIL" real-estate 6 Star grading. It's another millstone and an esteemed one added on your precious golden cap. You have set the quality bench mark in the construction field and that too in our most vibrant city named Mangalore. Truly the allegro Aureus is one of the most glittery shinning Jem ideally located in Vas Lane Mangalore. Best wishes for all your future projects.

    DisAgree [1] Agree [8] Reply Report Abuse

  • Ahmed Kabir, Dammam KSA

    Wed, Jun 13 2018

    Mehta Sir and Allegro team ...excellent news and a very well deserved recognition of your ongoing outstanding work.

    DisAgree [1] Agree [8] Reply Report Abuse

  • Lancy Madtha & Family, Dubai, Dubai, UAE.

    Wed, Jun 13 2018

    Hearty Congratulations to Allegro Group and it's Chairman, Mr. D.B. Mehta. Being associated with "Allegro Aureus" and knowing DB, fondly known among most in Mangalore/India - his unique personality and commitments are rare to experience among property developers - particularly in Mangalore.

    "AA" project is very well planned and executed so far, using quality materials and equipment's.

    Any one opting to invest in the project's of DB, need not worry much. DB's approach is simple, upright and as committed. There are no ambiguities and deviations with DB.

    Wishing every success to Allegro Group, their committed team and all the associates.

    DisAgree [1] Agree [9] Reply Report Abuse

  • D B Mehta, Mangalore

    Tue, Jun 26 2018

    Thank you Mr Lancy Madtha for your encouraging words. Our goal at Allegro is to deliver more than promised. Every project is a learning experience and our constant endeavor is to keep improving with every completed project.

    DisAgree Agree Reply Report Abuse

  • Usman BM, Mangalore

    Wed, Jun 13 2018

    Congratulations Mr Mehta. Everyone wants success, but it only follows those who make a true approach to getting it. You know the hard work and dedication has a destination which is success. Best of luck for your future and congratulation again for your achievements. Keep going.

    DisAgree [2] Agree [7] Reply Report Abuse

  • Vincent Rodrigues, Bengaluru/Katapadi

    Wed, Jun 13 2018


    DisAgree [1] Agree [6] Reply Report Abuse

  • D B Mehta, Mangalore

    Tue, Jun 26 2018

    Thanks Vincent. Our endeavor has always been to deliver on time and to do our best to meet our clients expectations

    DisAgree Agree Reply Report Abuse

  • D B Mehta, Mangalore

    Tue, Jun 12 2018

    Thank you Uncle Joe. Your commitment to the people is exemplary. I am just doing my job earnestly with dedication for which I am rewarded. Just trying to follow the lofty ideals of my father in law (late) Mr J M Lobo Prabhu and his dearest friend Uncle Joe.

    DisAgree [2] Agree [12] Reply Report Abuse

  • Joe Gonsalves, Mangalore

    Tue, Jun 12 2018

    Congrats to D.B. who I am sure is getting full encouragement and support from his BETTER-HALF Gizelle.

    D.B. has always stood for quality and comfort. He has earned a good name as a builder. May he continue his good work and provide HEALTHY LIVING for the Elite and for the general in particular.

    DisAgree [1] Agree [14] Reply Report Abuse

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