Mangaluru's first theme-based mall 'Transit One' set for launch

[email protected] (Business Desk)
March 5, 2016

Mangaluru: Ecologic Habitats is all set to launch Transit One, first of the Transit series of innovative theme-based malls, with the foundation stone laying ceremony on Friday November 20 at 5.30 pm in Thokkkottu.

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This was revealed by P S Mohammed, managing director, Ecologic Habitats at a press meet here on Thursday November 19.

The Mangaluru-based real estate development firm 'Ecologic Habitats' is all set to revolutionize the idea of traveling on the Indian highways with the concept of transit oriented development. Transit- one is strategically located on NH-66, Thokottu, the southern gateway to Mangaluru city.

Addressing the press meet, P S Mohammed said, "The idea is to maximize the shopping access to public and private transport along this busy freeway that connects Kerala to Mangaluru, Goa, Mumbai and so on. Transit One also caters to the Thokottu region, a fast growing suburb with numerous educational institutes and IT firms. The tagline 'Stop. Recharge. Restart' sums up the transit situated on 40 cents of land with 50,000 sq ft area of plush shopping experience. It addresses the need of the hour for towns like Thokottu, which otherwise would have to depend on nearby Mangaluru city to meet their routine shopping and recreational requirements.

"Transit One offers a wide range of products right from affordable mini boutique stores to large drive in supermarkets, restaurants, food courts, social clubs, thus catering to all sections of the society. The external facade also has a large electronic display screen where one can showcase their ideas and brands. Promoters of the project envision Transit One to be a 'Small world of large happiness'," he added.

"The visitors step into the level 1 by strolling across the external landscaped plaza, where they are welcomed by their favourite branded stores. Level 2 is the urban fashionista's delight where a wide range of trendy apparel accessories catch your eye. Level 3 is what the Ecologic says is the modem version of the 'Old Indian Bazaar', where the local entrepreneurial spirit is at full display at the smaller boutique stores. Level 4 offers an extensive variety of culinary options with the perfect ambience," he explained.

"Ecologic Habitats boasts of raking in the services of the best in industry to design and implement the project. Well-landscaped environs is what we believe is at the core of our product portfolio. Services of a leading Bengaluru-based landscape architect has been sought to breathe in green into the entire shopping experience. At Ecologic Habitats it is our commitment to add value to all our buildings by breathing green into them. We aspire to partner with a like-minded set of discernible clientele, so that it can add value to their investments by consistently delivering products that inspire," P S Mohammed said.

Kareem, director and Pradeep Hegde, associate, Ecologic Habitats were present at the press meet.

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Comments

priyanka
 - 
Sunday, 6 Mar 2016

this will be a different mall comparing to others. all the best ecological habitats.

aharkul
 - 
Saturday, 5 Mar 2016

I think this is the first one in Mangaluru. Lucky Mangalureans. I am very far from Mangaluru. In Sha Allah When I come to Mangaluru I will visit there and taste the things in every level.

Madhu
 - 
Saturday, 5 Mar 2016

wow wonderful looking very nice.

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coastaldigest.com news network
February 21,2020

Newsroom, Feb 21: Chief Minister B S Yediyurappa has claimed that Amulya Leona, who raised pro-Pakistan slogans at a pro-India event in Bengaluru, had links with Naxalites.

The 19-year-old B.A. student was arrested on sedition charge after she raised pro-Pakistan slogans at a peaceful protest against the Citizenship (Amendment) Act in Bengaluru yesterday.

"Bail should not be given to Amulya. Her father has also said he won't protect her. It’s proved now that she had contacts with Naxals. Proper punishment should be given," Yediyurappa said in Mysuru today.

All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief Asaduddin Owaisi, who snatched mike from Amulya’s hand, said that her slogans only helped Bharatiya Janata Party and those who are trying to suppress people’s movement against racism and communalism.

Interestingly, Amulya hails from a family which has close association with Sangh Parivar. Her father Wazi Noronha was a leader of minority of wing of BJP in Koppa taluk of Chikkamagaluru district.

He had worked in support of hardline BJP leader and Udupi-Chickmagaluru MP Shobha Karandlaje, and D N Jeevaraj, who had represented Sringeri constituency last time.

Meanwhile, a group of people attacked the house of Wazi at Gullagadde near Koppa last night. A group of Bajrang Dal activists also compelled him to shout ‘Bharat Mata ki Jai’.

Also Read: Mangaluru: VHP stages protest against ex-BJP leader’s daughter who raised pro-Pak slogans

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News Network
July 13,2020

Bengaluru, July 13: The results of the recently concluded II PUC examinations in Karnataka will be announced tomorrow, Tuesday, July 14, at 11:30 am.

The results, according to Primary and Secondary Education minister S Suresh Kumar, will be sent in the form of SMS-es to the registered mobile numbers of the students by 11:30 am.

Over 6.5 lakh students had appeared for the II PUC exams. 

Even though examinations for most of the subjects was completed in March, students had to wait close to three months, due to nationwide lockdown, to appear for the last exam -- for English -- which was held on 18th June.

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News Network
May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949. 

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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