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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News Network
May 2,2020

Mangaluru, May 2:  Karnataka Pradesh Congress Committee Spokesperson P V Mohan on Saturday urged the district administration to find the source of coronavirus in Dakshina Kannada (DK) district.

He asked the district administration to ascertain from where a woman from Bantwal's Kasba contracted virus on April 19.

''We do not want to convert Dakshina Kannada into Nanjangud,'' Mr Mohan said referring to the mysterious case of Patient 52 from Nanjangud who has been identified as the main source of virus to the rest of the positive individuals in Nanjangud.

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Agencies
February 8,2020

Mumbai, Feb 8: Anil Ambani, the brother of Asia’s richest man has pleaded poverty in his dispute with three Chinese banks seeking $680 million in defaulted loans.

“The value of my investments has collapsed,” Anil Ambani said, according to a court filing by the banks in a London lawsuit.

“The current value of my shareholdings is down to approximately $82.4m and my net worth is zero after taking into account my liabilities. In summary, I do not hold any meaningful assets which can be liquidated for the purposes of these proceedings.”

The lawsuit was filed by three state-controlled Chinese banks which argue that they provided a loan of $925 million to Ambani’s Reliance Communications Ltd. in 2012 with the condition that he personally guarantee the debt. The comments were disclosed on Friday as Ambani sought to avoid depositing hundreds of millions of dollars with the court ahead of a trial.

The embattled Indian tycoon says that while he agreed to give a non-binding “personal comfort letter,” he never gave a guarantee tied to his personal assets -- an “extraordinary potential personal liability.”

The 60-year-old is the brother of Mukesh Ambani, who’s worth $56.5 billion and is the wealthiest man in Asia. Anil, on the other hand, has seen his personal fortune dwindle over recent years, losing his billionaire status. His Reliance Communications filed for bankruptcy last year.

The banks asked Judge David Waksman to force Ambani to put up $656 million into the court’s account.

Representatives for Ambani’s Reliance Group said they couldn’t immediately comment. They said the group will issue a statement once the court issues the final order.

Ambani’s lawyer, Robert Howe, said the court shouldn’t order his client to make a payment he can’t make. The tycoon argues that an order requiring him to do so would hinder his ability to defend himself in the case, Howe said.

“There’s no evidence of some giant pot of gold that he can pull $1 million, let alone $10 million, let alone $100 million,” Howe said.

Bankim Thanki, an attorney representing Industrial & Commercial Bank of China Ltd., China Development Bank and the Export-Import Bank of China, said in a filing that Ambani’s statements are “plainly a yet further opportunistic attempt to evade his financial obligations to the lenders.”

Ambani was caught up in another legal wrangle last year when India’s Supreme Court threatened him with prison after Reliance Communications failed to pay Rs 5.5 billion ($77 million) to Ericsson AB’s Indian unit. The judges gave him a month to find the funds, and his brother, Mukesh, stepped in just in time to make the payment.

Anil said in a filing that he recognized that the judge would want to know if he could satisfy any order to put up funds from outside resources, including his family.

“I can confirm that I have made enquiries but I am unable to raise any finance from external sources,” he said. Judge Waksman had said in an earlier ruling that he believed Ambani’s defence would be shown to be “opportunistic and false.”

Ambani’s lawyer told the judge that as a result of the comments the tycoon’s relatives were unlikely to lend any funds.

There is a “very substantial risk they will never get it back,” Howe said.

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News Network
March 29,2020

Mangaluru, Mar 29: The test report of the man from Uppoor in Udupi district, who committed suicide fearing he had contracted coronavirus infection, has returned negative for the virus.

Health department officials in Udupi said the post- mortem test report had shown that he did not have the virus infection and asked the people in the area not to panic.

Gopalakrishna Madivala (56), had hanged himself on Wednesday suspecting he had the disease, leaving a death note to family members asking them to stay safe.

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