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 2,2020

Bengaluru, Mar 2: The Karnataka Department of Public Instruction has directed the School heads across the State to grant leave to students and staff suffering from fever, cold, cough and other respiratory infections.

As precautionary measure following the COVID-19 (known as coronavirus) outbreak at the global level, the department issued a circular in this regard here on Monday.

If any student, teacher or staff is suffering from respiratory infections, they should be granted leave. They should be allowed to come back to school only after confirming from the doctor that they are cured, the circular added.

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News Network
May 7,2020

Ujire, May 7: A child was killed and four people were injured after a car they were travelling in rammed a stationary truck near Ujire, on Tuesday night.

The deceased is nine-month-old Madhavi, the daughter of Pramod, a resident of Panyalu Ujire.

Pramod, his wife Ashwini and relatives Mamatha and Swati, have been grievously injured in the incident, and are being treated in a private hospital.

The incident took place around 11pm. According to police, the victims had gone to a relative’s house at Vamadapadavu. On reaching Ujire, Pramod wanted to stop the car beside the road, but failed to notice the stationary truck.

The car was completely mangled as a result of the impact. A case has been registered at the Dharmasthala police station in this regard.

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News Network
March 30,2020

Bengaluru, Mar 30: Coffee Day Enterprises Ltd (CDEL) has received the first tranche of Rs 2,000 crore following disinvestment of Global Village Techparks to repay debts following the death of its founder V G Siddhartha.
In August last year, CDEL executed definitive agreements with entities belonging to Blackstone Group and Salarpuria Sattva Group for investment in GV Techparks, a wholly-owned subsidiary of group company Tanglin Development Ltd (TDL), at an enterprise value of Rs 2,700 crore.
The balance amount is expected to be received after the receipt of few statutory approvals, CDEL said in a statement.
"Out of the money received in first tranche, the company has paid off its debts in full including principal and interest amounting to Rs 1,644 crore to the lenders despite difficult economic conditions," it said.
Post this payment, the consolidated debt of the company and its subsidiaries stands at Rs 3,200 crore as on March 27. This includes debt of Rs 1,400 crore of its subsidiary Sical Logistics Ltd where disinvestment process is in progress.
"The company and subsidiaries have repaid around Rs 4,000 crore to the lenders since the beginning of this financial year," CDEL said.
"With the continuous support of stakeholders of the company, the current management is working to ensure better liquidity and operational efficiency. The company is confident of the future ahead despite various challenges," it added.
The company has been in rough waters after its founder V G Siddhartha took his own life as debt strains began to emerge in his company. Since his death in July last year, CDEL has been trying to divest its assets to pare debts.
On July 30, 2019, CDEL informed stock exchanges about Siddhartha's disappearance. In a letter that was purportedly written by him, the Cafe Coffee Day founder said: "I could not take any more pressure from one of the private equity partners forcing me to buy back shares."

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