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

[email protected] (CD Network | Carol Pinto)
March 22, 2016

Their new project Transit-One' has taken more than a 100 dreamers and about 2 years of hard working days and sleepless nights. With the launch of their first independent project, the creative masterminds in the world of sustainable infrastructure, ECOLOGIC HABITATS LLP. have redefined the idea of development and have set the bars sky high for everybody else in the construction zone.

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The Managing Director of Ecologic Habitats LLP. Mr. P.S Mohammed talks about the immense efforts and unparalleled thrill of bringing to reality their dream project Transit One in Thokkotu, which is only a kickstart to the Transit series.

Transit One is going to be the first ever highway mall in India, having been designed by a team of India's leading architects and engineers to match upto the needs of the people and the surroundings. The tagline "STOP. RECHARGE. RESTART." screams out the objectives of this smartly designed infrastructure.

With all amenities and facilities to meet the needs of all people, ecologic habitats is all set to leave the Mangalurean suburbs in a feeling of awe and a sense of having been touched by real development. Following are excerpts of an interview with Mr Mohammed.

Q: With the launch of Transit One, it's evident that the prime focus of your developmental plan is on the suburbs rather than the hubs of the city. In today's highly commercial world, does Thokkotu seem like an ideal choice?

Mr. Mohammed: In Mangaluru, development has taken place vertically and not horizontally. Hubs in the city are all saturated and there is no much need for further commercial development in these areas. Suburbs cry out for development. Highways need a spot to recharge. The suburbs have no source of leisure. Development of under developed areas will help us lead in this field. Profits are important but there is no use of making profits if we can't match up to the needs of the people. Profit with satisfaction is always better. Therefore, we believe we have made an ideal choice by selecting the suburbs.

Q: The concept of a Transit mall is a brilliant idea. What was the driving force behind this concept?

Mr. Mohammed: The core of it was all a result of personal travelling experience. We realised there was a need for a recharge spot on the highways. It took us almost 2 years of research on the subject to implement this project. The concept is derived from the highway malls in the U.S that started in the early 1930s.

Q: Most malls are a luxury for the common people, do you think Transit One is going to break the exclusive crowd factor of mall culture?

Mr. Mohammed: Yes, Indeed. It is a mall designed to meet requirements of all people belonging to all social groups. We have all ranges of investors ranging from 10 lakhs to 10 crores. There are branded stores, semi branded and local stores within the mall infrastructure. There is a social club for the youth, considering the fact that Deralakatte is a hub of education in Mangalore. There is a major need for leisure for the hardworking youth. It is not a class based mall but a theme based mall, where people of all economic backgrounds can enjoy its facilities. We aim to provide people with their requirements. They name it, we have it. We aim at creating a one stop destination for all crowds.

Q: With lots of malls coming up, the local bazaars have faced a major hit in the economy. Does Transit One have any difference in this area?

Mr. Mohammed: Yes. The 3rd floor is an exclusive modern local bazaar with non branded shops of local retailers.

Q: Since there are not many shopping complexes in Thokkotu, strolling around while shopping under the scorching heat is a tedious task, does Transit One provide an easy solution to the exhausting shopping?

Mr. Mohammed: We have an innovative drive in supermarket which offers the customer the convinience of parking the car at the supermarket level where they dont have to come out all the way to the parking level to dispose their bags in the vehicle or carry their shopping bags all the way while strolling around the mall. The car parking also has a special exhaust system that exhausts carbon dioxide and pollution for better breathing.

Q: How is the Transit project any different from other construction projects? Do you have any special implementations for the construction?

Mr. Mohammed: We have an eco friendly construction site. We have a landscape design for which we have imported plants from various countries. We have solar panels for efficient supply of electricity. tested water for all uses and all products used for construction are tested for quality. We are also proud to have a safely guarded construction site making it safe for the workers.

Q: To most real estate developers, development is mere urbanisation. What is development to you?

Mr. Mohammed: At Ecologic Habitats, we believe that development comes with comfort. It's not mere urbanization but about making people feel comfortable while bringing about a better change in their surroundings. To us development is a progress with comfort. Our vision is to touch lives through developmental progress. We can proudly boast that our entire project is landscaped by India's leading landscape planner, Mr. Rohith Marole. We intend to breathe an air of green into our projects.

Q: What are your plans for the other series of Transit? Could you give us a sneak peek on the other selected locations?

Mr. Mohammed: We have selected a few more locations in Dakshina Kannada district like Surathkal, Puttur, Sullia and B.C road. We are also looking at Udupi district. But we wish to extend throughout the country with an intention of innovative development.

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Comments

Ganesh Shenoy
 - 
Friday, 15 Apr 2016

Mall with altogether new concept! It's going to be a new trend setter!! Extremely privileged to be a part of it from the inception of the project!

Nizam
 - 
Tuesday, 22 Mar 2016

Awesome theme, it will be hit in thokottu, The 3rd floor is an exclusive modern local bazaar with non branded shops of local retailers.

Saleem Khan
 - 
Tuesday, 22 Mar 2016

awesome, complete the work soon, want to c the live rather than words of Explanation.

Kalandar
 - 
Tuesday, 22 Mar 2016

good one, very creative project. all the best.

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coastaldigest.com news network
February 5,2020

Bengaluru, Jan 5: B S Yediyurappa-led Karnataka cabinet has finally decided to resume supply of subsidised rice and wheat to students of welfare institutions and hostels including those run by religious mutts under the Dasoha Scheme’s welfare programme. The supply was stopped over two months ago.

“Cabinet has decided to continue supply of subsidised foodgrains (rice and wheat) for the benefit of 37,700 children under the Dasoha scheme in 351 welfare institutions for the next one year at the cost of Rs 18 crore,” said J C Madhuswamy, Law and Parliamentary Affairs Minister. Under this scheme, institutions that provide free accommodation and food for students are entitled to avail 10 kg rice and 5 kg wheat per student every month at subsidised rates. But following a central government directive in November, the state government had stopped supply to private institutions since December.

Hours before the cabinet meeting, Khader addressed a press conference and said, “This government is snatching away food from children by stalling the supply of foodgrains. Institutions like Suttur Mutt, Siddaganga Mutt that have worldwide fame for their service are being inconvenienced by this,” Khader said.

Finding itself in a fix, especially in a matter that involves mutts, the cabinet was quick to restore the supply. “Foodgrains were being supplied to 183 government-run institutions and 281 institutions run by private entities. As per a central government directive, supply to private institutions was stopped but the decision was made by the previous government,” Shashikala Jolle, Women and Child Development Minister, said.

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coastaldigest.com web desk
April 30,2020

In the wake of Saudi Arabia's assurance that Masjid al-Haram of Makkah and Masjid an-Nabawi of Madinah will be opened for believers after some days, a message has gone viral on social media claiming that both the holy mosques will open on Ramadan 8 (May 1).

The message which was widely circulated on Facebook and WhatsApp, also contained certain condition such as people should fetch their own prayer mats and that they should not use the washrooms in the mosques. 

Clarification

Meanwhile, the authorities of the two holy mosques, issued a clarification that the claims made in the viral post are false and baseless.

"The message being circulated about the opening date for Haramiain (two holy mosques) for public is completely baseless and false. The suspension of prayers for general public is still in effect," they said in a social media post.

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News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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