Transit One Mall – undoubtedly a masterpiece'

[email protected] (Business Desk )
August 16, 2016

Thokkottu: NH-66 at Thokkottu will be altogether different, once Transit One Mall resumes all its services. A Mangaluru based Real Estate development firm Ecologic Habitat' is all set to revolutionize the idea of travelling on the Indian Highways with the concept of Transit oriented development.

transitone

Ecologic Habitat has established Transit One' First of the Transit series of theme based malls. It is strategically located on NH-66, Thokkottu the Southern gateway of Mangaluru city. 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. It also caters to the Thokkottu region a fast growing sub-urb with numerous Educational and IT Organisations. The tag line Stop. Recharge. Restart' sums up the Transit experiences.

Situated on 40 cents of land with 50000 Sqft 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 & 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 & brands. Promoters, of the project envisions Transit one to be “Small world of large Happiness”.

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 modern version of the Old Indian Bazaar', where the local entrepreneurial spirit is at full display at the smaller boutique stores. When you are all done with the shopping, its time then to answer your gastronomic call & unwind at level-4 which offers an extensive variety of culinary options with the perfect ambience.

Ecologic Habitats, boasts of raking in the services of the best in industry to design & implement the project. Well Landscaped built environs is what the developers believe is at the core of their product portfolio. Services of a leading Bangalore based Landscape architect has been sought to breathe in Green into the entire shopping experience. Promoters believe that at Eco-Logic Habitats it's their commitment to add value to all their Buildings by breathing green into them. Ecologic Team says that it aspires to partner with a likeminded set of discernible clientele, so that it can add value to their investments by consistently delivering products that inspire.

Come 2018, Mangalore & Thokkottu will witness this new paradigm in travel & shopping. A journey of a thousand miles they say begins with a single step. Ecologic Habitats with this unique venture has taken the first step forward in right direction towards revolutionizing the shopping experience, with this out of the box; off the road' idea.

Assured Rental Returns:

Investors can avail shops starting from Rs.35 lakhs onwards with a guarantee of assured rental returns monthly with Loan facility.

For further details contact: Ecologic Habitats, Crystal Arc, 3rd Floor, Balmatta Road, Hampankatta, Mangaluru Email:[email protected] or www.ecologichabitats.com

Also Read:

Transit One: Well begun is half done

Transit One: Affordable Investment, now a 'Realty'.

Mangaluru: Construction work of Transit One mall at Thokkottu in progress

Transit-One' to set the stage for new era of mall culture in Mangaluru

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

Transit One: Heralding the concept of theme-based malls in Mangaluru

Comments

Mohammed SS
 - 
Wednesday, 17 Aug 2016

Happy to see, please keep all Goondas away otherwise this will close down very soon

Jabbar
 - 
Wednesday, 17 Aug 2016

wow happy to c our thokkottu getting classy mall. we want this kind of innovative builders.

Imthiyaz
 - 
Wednesday, 17 Aug 2016

Highly Professional. all the very best.

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News Network
March 15,2020

Hubli, Mar 15: Karnataka Chief Minister BS Yediyurappa on Sunday said that his government has asked Centre to help in setting up of labs in view of the coronavirus cases.

Speaking to reporters after reviewing the situation in the state on coronavirus, Yediyurappa said, "No new cases were reported on Saturday and Sunday. The cases reported are of people who came from abroad. Government has made all preparation to fight against this. We have asked the central government to help in setting up labs wherever required, shortly we will do it."

"We have taken a lot of precautions to prevent the spread of coronavirus. For the first time shutdown has been declared for a week. People are also cooperating with us, we will take a further decision after one week," he added.

Karnataka government has said that as of now six cases of COVID-19 have been reported in the state, including one person who died.

"Till date six COVID-19 cases have been reported in the state including one death. The 5 Coronavirus positive cases are in isolation at the designated hospital in Bengaluru," the Karnataka government said on Sunday.

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News Network
January 24,2020

Mangaluru, Jan 24: Deputy Commissioner Sindhu B Rupesh on Friday said that a specialised task force to manage natural disasters would soon be constituted in all talukas of the Dakshina Kannada district, an official statement said here.

She further said in a meeting of the District Disaster Management Authority that during the floods last monsoon there was a shortage of boats to rescue stranded residents from flood-hit areas. Hence, more boats would be procured for the Home Guards and the Fire and Emergency Services.

She also instructed officials to make sure that schools have their own disaster management plans and also advised them to carry emergency materials kit, used during a natural disaster, in their vehicles.

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News Network
March 5,2020

Bengaluru, Mar 5: Karnataka is facing unprecedented economic difficulties following a Rs 8,887 crore reduction in the state's share in central taxes, cut in allocation under 15th finance commission and a Rs 3,000 crore hit in GST compensation, Chief Minister B S Yediyurappa indicated on Thursday.

Presenting the state budget for 2020-21 in the Assembly, he said Karnataka's share in central taxes has come down by Rs 8,887 crore in 2019-20 as per the revised budget estimates of the central government. Therefore the state's revenue resources have been reduced. Apart from this, Rs 3,000 crore GST compensation will also be reduced as collection from the GST compensation cess is not as expected, the Chief Minister said. "With all this it has become difficult to reach to reach the 2019-20 budget targets and to manage this situation within the bounds of the Karnataka Fiscal Responsibility Act, an inevitable situation has arisen this year to cut down the expenditure of many departments," he added.

As per the interim report submitted by the 15th finance commission, there is a reduction in the state's share of central taxes to 3.64 per cent compared to 4.71 per cent fixed by the 14th finance commission. In view of this, there will be a reduction of Rs 11,215 crore in the state's share of central taxes in 2020-21 budget, when compared to the previous one.

He, however, noted that the allocation recommendation of the 15th finance commission is limited to one year only and the complete report for the period 2021-22 to 2025-26 will be submitted in October 2020.

"Our government will soon submit a revised memorandum to the commission to set right the loss caused to the state with regard allocation for the year 2020-21 and give more allocation for the remaining period," the Chief Minister said. He also said, when compared to the previous year, there is an increase of approximately Rs 10,000 crore for 2020-21 with regards to government employees salary, pension and interest on government loans, but there is no proportionate increase in resources as compared to committed expenditure. "Due to this reduction of the state's share of central taxes as per the 15th finance commission report and other developments, serious difficulties are being faced in resource mobilisation efforts of the state," Yediyurappa said. "This magnitude of economic difficulties was never faced in the previous years by our state," he added.

However, the state's own tax revenue collection is excellent during this year, he said. As compared to the previous year, there is a growth of 14 per cent in State GST collection. "Based on this, in the new budget, efforts are being made to manage the reduction in the share of central taxes by stabilising the state's own resources more", the Chief Minister said.

Karnataka recorded a gross state domestic product growth rate of 7.8 per cent in 2018-19 and Yediyurappa said for the current financial year it is estimated to be 6.8 per cent.

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