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
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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News Network
February 9,2020

Tumkur, Feb 9: A special puja was performed at the Durga Parameshwari temple and the Shaneshwara temple in Karnataka's Rangana Halli village to save people from coronavirus.

Yashwanth Shastri, a priest, said: "We performed this special puja on Friday to save the world from virus and diseases like corona and H1N1."

"Our ancestors used to perform a special puja for the betterment of society and save the world from viruses when they attacked," he said.

Coronavirus originated in China's Wuhan city in December last year and has since spread to various cities around the world.

The World Health Organisation (WHO) has declared the coronavirus outbreak as a global health crisis.

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News Network
July 11,2020

Bengaluru, Jul 11: Karantaka Congress chief DK Shivakumar on Friday raised questions over claims that Rewa Ultra Mega Solar Power Project Madhya Pradesh was "largest in Asia" and said a 2000 MW had been built in the state.

"BJP central government is claiming today that it inaugurated Asia's largest solar plant of 750 MW at Rewa, MP. What then is the 2000 MW Solar Plant in Pavagada, Karnataka which was built in just 3 years by Karnataka Congress government and has been operational since 2018?" Shivakumar said in a tweet.

The Congress leader further said that the most unique thing about the solar project set up in Karnataka was that the farmers were being paid yearly rents for the land upon which it was constructed as it had been leased and not purchased from them, helping them retain ownership.

"The unique thing about the 2000 MW Pavagada Mega Solar Park was that not a single acre of land was acquired from the farmers. All 13,000 acres have been leased from the farmers who are being given yearly rent. Karnataka model of renewable energy was accepted as the best in India," he said.

"Union power minister must answer as to how the Central Government can claim that the Rewa Solar Park (750 MW) opened today is Asia's largest when clearly the Pavagada Park in Karnataka is much larger (2000 MW) and was opened two years back!" he said.

Prime Minister Narendra Modi dedicated Rewa Ultra Mega Solar Power Project to the nation on Friday. 

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