Transit One: Heralding highway mall culture in Mangaluru

[email protected] (Business Desk )
October 20, 2016

Mangaluru, Oct 19: Consumerism has fuelled India's economic growth to a great extent in the last few decades and malls have played a key role heralding this consumer culture. With this India's mall space has hit new dimensions to suit the changing needs. Malls that come in different names like shopping malls, destination malls, pedestrian malls, transit malls, high ways malls, theme based malls etc., are trying to connect to the community in a meaningful way going beyond the narrow confines of shopping.

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Mangalore is not far behind when it comes to keeping abreast of globaltrends in any field.This has been true with regard to the transformation we have been witnessing in thisomnipresent mall culture which has pervaded the entire country. These days there is lot of hype about highway malls the world over and in Mangalore too the highway mall is becoming a reality soon. Credit goes to Ecologic Habitat LLP, an established and reputed name in the realty sector, for being the pioneer in spearheading the highway mall culture in Mangalore. With an experience spanning over three decades in the real estate field Ecologic Habitat, a relatively new entrant in the field of real estate in Mangalore, has seized the initiative and has come up with theme -based series of highwaymalls.

The first highway mall in this series is titled “Transit One” coming up near thebusy highway junction in Thokkottu on NH 66 and this mall is sure to make NH 66 an iconic highway on the lines of US 66. The foundation stone for this mall was laid in 2015 work is going on in full swing and the project will be ready for occupation by July 2018. Ecologic Habitat is planning a series of highway malls in the entire coastal belt of Karnataka and beyond. Transit One is the first in the series of transit malls which are planned along the highways in Surathkal, Udupi, B C Road and many such places.

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Highway retailing - the growing network

Highway malls is the new buzzword in the country evolved after careful research and considerable thought process. These are basically smaller malls and cater to highway travellers. P S Mohammed, Managing Director, Ecologic Habitatsays that highway mall culture is here to stay and it has given a new dimension to highway retailing and tothe mall culture. “Not long ago it was a common sight to see local restaurants and dhabas on Indian highways that served hot and piping local and popular cuisine to the travellers. Today these restaurants and dhabas have made way for highway malls which are slowly emerging as the new retail outlets providing all facilities and services under one roof”, Mohammed asserts. Being a transit mall the promoters want to target both the local populace as well as the travellers passing through these busy and bustling highways.

Unlike earlier when highways were known for their desolate look these days highways buzz with lot of activity 24X7. Entertainment, fun, frolic, shopping, eating out, gaming etc., has replaced boredom and the otherwiseunexciting travel routine. Highway malls have given an entirely new meaning to the concept of highway retailing. Many realtors like Ecologic Habitat, the promoters of Transit series of highway malls, have been sharp and quick to sense the changing trends and proclivity of travellers for more fun, entertainment, tasty food, leisure, amusement, shopping and anything that makes life easy and carefree. With most national and international brands vying to buy space in the retail format highway malls are going to get fillip and the trend is here to stay.

The retailers have found their perfect destination in Transit Onemall on NH 66 near Thokkottuand this is clearlyevident from the fact that all the 42 boutique stores on offer in the mall are sold out in record time. It is the first mall in the city to come out with the concept of vanilla stores in an exclusive floor for these stores. Moreover, this is the first mall whichcaters to every section of the society and to their every need thus providing complete shopping experience to the customers.

What sets Transit One apart from the rest is that unlike most malls it offers smaller units and that too at an affordable price. It has come as a huge blessing for people especially many NRI's because a vast majority of them want to come back and invest in something that assures them a good return. Buying a retail outlet isthe best and prudent choice for most of them and Transit One offers retail outlets at affordable rates. “The affordability of these boutique shops has come as a breath of fresh air for many as these boutiques were within their budget limit”, P S Mohammed declares.

P S Mohammed is candid when he says “we want to capture the concept of highway retail marketing in Mangalore because 40% of India's population is always on the highways and that is quite a sizeable number to concentrate our energies on. We want this to be a stopover destination for the travellers”. The promoters have chosen Thokkottu junction on NH 66 keeping in mind the footfalls in the form of an estimated 20,000 NRI crowd from the area. They are also banking on the sizeable chunk of almost 15,000 student crowd from the various medical colleges and universities in Deralakatte, which is just a few kms from Thokkottu. “With 4 medical colleges and 3 universities in the vicinity of Thokkottu Junction we expect a large number of yuppie crowds to be our regular footfall. Transit Oneoffers everything for everyone and that is what makes the difference. This will be the one stop destination for every genre of crowd”, says a confident Mohammed.

Transit One is the keenly awaitedmall because it is going to herald a paradigm shift in mall culture, totally different from the existing set of malls. It has many firsts to its credit including an exclusive ladies zone and a drive-in-super market wherein customers can shop with the help of a portal. Another unique feature isthe external LCDdisplay at the entrance lobby and this is anotherfirst as far as Mangalore is concerned. Being a transit mall its aim is to target both the local populace as well as the travellers passing through this busy highwayand give them a pleasurable experience.

Highway malls are emerging as the one-stop-shop destination for most travellers and to the enterprises they provideenormous business opportunities. This is a big blessing for highway travellers and other customers asthese malls promise fun-filled and hassle-free shopping experience. The burgeoning middleclass and their increasing affluence have resulted in tremendous growth in road travel. A large number of Indians prefer to travel by road and the availability of shopping centres, food chains and refreshment zones is a welcome break for a weary traveller.

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Tapping Medical Tourism

Ecologic Habitat aims at inclusive development of this coastal region and is all set to make a foray into the hospitalityand health tourism sector as well. It is a known fact that the coastal region is blessed with nature's bounty and unique beauty, which is not fully tapped. The Western Ghats which forms part of this region is a global biodiversity hotspot known for its unique topographical diversity, climate, vegetation, rare and exquisite flora and fauna. It insulates the region and its people by providing climate stability, clean water and fresh air, which are the drivers of economic growth and social stability.

Moreover Mangalore is well-known as a healthcare hub and the promoters of Ecologic Habitat believe that both these factors can be exploited for promoting theme-based medical tourism. The promoters have already started working on this and have identified a property in the tranquil environs of Someshwar-Talapadystretch. “Tourism is a key driver of our economy, and we aim to make Mangalore an attractive destination all round the year.We have identified about 2 acres of land near Someshwar and we plan to promote Indian healing system in a big way. Ayurveda treatment, yoga, meditation, organic food and diet, nature trekking and many other forms of wellness methods are known for Indians from time immemorial. We want to promote these time-tested methods of treatment and give a big push to health tourism”, the promoters point out.

Beautiful cottagesand boutique hotel apartments will form part of promoting tourism to cater to budget travellers. As an extension of promoting health tourism Ecologic Habitat is planning to set up transit hostels for the benefit of student crowd. This is need of the hour in the city like Mangalore which is known as a bustling educational and healthcare hub attracting students from different parts of India and also from other countries.

With an array of economic activities which are in the various stages implementation Ecologic Habitat is sure to provide a fillip to the growth of the region and is all set to contribute in its own way for the overall growth and prosperity of this region.

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Address :

ECOLOGIC HABITATS

Crystal arc, 3rd floor,

Balmatta road,

Hampankatta, Mangalore – 575001

Contact Number : 91 9741070000, 0824-6066666

Email: [email protected]

website: www.ecologichabitats.com

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Pooja Shetty
 - 
Thursday, 20 Oct 2016

wow!!! good job

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News Network
March 20,2020

Thiruvananthapuram, Mar 20: One more person tested positive for coronavirus on Thursday, taking the total number of cases to 25, as the Left government announced a Rs 20,000 crore financial package to tide over the present crisis being faced by the southern state in the wake of the virus outbreak.

The multi-crore special package includes Rs 500 crore health package, Rs 2,000 crore loans and free ration.

The man who tested positive had returned from Dubai and hailed from the northern Kasaragod district, Chief Minister Pinarayi Vijayan told reporters after a COVID-19 review meeting.

He said 65 people were hospitalised on Thursday.

"At least 31,173 people are under surveillance, of whom 237 are in observation in hospitals across the state" he said.

Detailing the financial package, Vijayan said loans worth Rs 2,000 crore would be made available to needy families through all-women network 'Kudumbashree' during April-May.

Rural employment guarantee programmes worth Rs 1,000 crore each will be implemented in April-May, he said.

Social security pension of Rs 1,320 crore, to be given in April, would be distributed this month, he said, adding that 50 lakh people are benefited through the pension scheme.

Those belonging to the below poverty line (BPL) and Anthyodaya, who are not receiving social security pension, would be given Rs 1,000 each, for which Rs 100 crore would be earmarked.

Cutting across APL and BPL families, 10 kg free ration would be given and Rs 100 crore would be set apart for the purpose, he said.

A string of 1,000 low-cost hotels, providing food at Rs 20, would be opened across the state next month, the chief minister added.

The 'fitness' charges of autorickshaws and taxis and one month tax of stage and contract carriages would be waived, Vijayan said.

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News Network
May 11,2020

May 11: The Karnataka government appears set to roll out red carpet welcome to foreign companies seeking to move out of China.

The State's Large and Medium Scale Industries Minister Jagadish Shettar said the Government plans to constitute a task force, under the Chairmanship of the Chief Secretary T M Vijay Bhaskar, to spearhead the drive to attract such investment. A proposal to this effect has been sent to the Chief Minister B S Yediyurappa for approval, the Minister told PTI in an interview.

This panel would take feedback and suggestions from a consultative committee to be formed with prominent industrialists from the State and representatives of various countries located here, Shettar said.

In recent days, the Minister held consultations with industrialists such as co-founder and Non-Executive Chairman of Infosys Ltd, Nandan M Nilekani, Executive Chairperson of Biocon Ltd, Kiran Mazumdar-Shaw and Chairman of early-stage startup accelerator and venture fund Axilor Ventures Senapathy (Kris) Gopalakrishnan to fine-tune the States outreach push.

Shettar also held interactions with industry bodies, including Confederation of Indian Industry (CII), the Federation of Karnataka Chambers of Commerce and Industry (FKCCI), Bangalore Chamber of Industry and Commerce (BCIC) and Karnataka Small Scale Industries Association (KASSIA).

Industrialists who took part in the deliberations suggested to the government to focus on ease of doing business and improving the single window clearance system for approvals, as the Minister spelt out government's intent of further improving the investment climate to attract industries to Karnataka.

To boost the industry sentiment in the State, they also stressed the need on easing land acquisition regulations, and leveraging the knowledge base of Bengaluru to promote technology-based manufacturing.

"Given the interest shown by some companies in moving their manufacturing bases out of China, the industry leaders recommended that the State government identify a target list of 100 firms to reach out to for attracting to the State, and work out a strategy to bring them to Karnataka," an Industry department official said.

The industry leaders assured cooperation from the private sector in reaching out to and facilitating interactions with CEOs of these companies.

Shettar said restrictions on acquisition of agriculture land for starting industries have now been relaxed with the passage of an amendment to the land reforms act in the recent Legislature session.

This would facilitate immediate land allotment to industries, he added.

The Minister has also submitted a proposal to the Chief Minister on relaxing labour laws.

Secretary General of industry body ASSOCHAM, Deepak Sood, told news agency recently that there is a broader consensus that the global manufacturing supply chain would be more spread than concentrated in major economies like China.

"If India comes out of the present crisis with minimum of impact, we can be the destination of choice for the global manufacturing giants in different sectors like electronics, computer hardware, pharmaceuticals, including medical devices, automobile, including components and other engineering products," Sood had said.

Gopalakrishnan, also co-founder of Infosys and former CII President, said India has to target companies which have operations in China, reach out to them, understand what their needs are and hold discussions with them.

"We have to make sure that their requirements are addressed, be it with regard to land, office space, faster approvals, and some concessions on local taxes. It depends on the businesses that the companies are in, and if we are able to respond to those requests, I think we will be able to attract them", he told news agency.

"All states will compete for this business (foreign investment)," Gopalakrishnan added.

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News Network
February 9,2020

Bengaluru, Feb 9: A man in Karnataka fled just before his wedding after his parents cancelled the ceremony over a disagreement about the saree that the bride wore duiring a ritual.

BN Raghukumar, who belonged to a village near Karnataka's Hassan town, did not to show up at his wedding, acting on the directions of his parents. The incident took place on Wednesday.

"We have registered a cheating case against Raghukumar. He is absconding," Hassan Superintendent of Police Srinivas Gowda told news agency. The police have also registered a case against the groom's parents.

Raghukumar and BR Sangeetha fell in love a year ago and decided to get married with the consent of their respective families.

However, Raghukumar's parents asked Sangeetha to change her saree during some rituals as they were not happy with its quality.

Following this dispute, the groom's parents cancelled the wedding scheduled on Thursday and directed their son to run away.

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