I stayed at the Iris in December 2011. We booked the Yellow Ribbon room which had a double bed and room for 2 single beds (if required). This was ideal for a young family.
The staff at the hotel were friendly and helpful. The breakfast was buffet style. There wasn't a huge selection, but there was definitely enough food and it was very nice. In addition there was a chef available for freshly made Omelettes.
We also hired the hotel taxi a few times. The driver (Pradip), could not do enough and was very polite and knowledgeable.
The hotel is situated in the middle of Brigade road, which is quite busy. So crossing the road is a challenge at times.
There is a McDonald and Pizza hut nearby which is handy.
Airport transfer is available at a reasonable cost.
All in all a great hotel for the price.
