<h1>Mantra Properties Launches Luxury Brand Burgundy With Three Projects After Selling Inventory Worth 1020 Crore</h1> Pune-based real estate company Mantra has launched Burgundy, a new luxury brand targeting urban elite customers, with three landmark projects. The company reported 1020 crore in inventory sold for the financial year, with several projects selling out quickly. Mantra maintains focus on timely construction with steady progress on all ongoing projects. New developments are located in prime Pune micro-markets including Kharadi, Mundhwa, Magarpatta and Upper Koregaon Park. Founded in 2007, the family-owned business has completed over 5 million square feet across 18+ projects, housing more than 7,500 families in Pune and Pimpri-Chinchwad.