Transit One: Well begun is half done

[email protected] (Business Desk )
May 19, 2016

Every summer they say has its own story. The arrival of the summer sun brings in glad tidings with it at Transit One, which has crossed an important project milestone with the completion of the foundation stage of civil works.

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True to their founding values, Team Ecologic Habitats takes immense pride in delivering quality work as per the committed timeframe.

“Despite various challenges in the process, we have systematically overcome each one of them using best technical expertise in the field.

A portion of the foundation works have been carried out by driving in piles for the retaining walls using the most updated technology.

Sub-soil drainage systems and effective permanent De-watering systems have been executed to ensure smooth functioning of services in the building.

Methodical Implementation of works with prior planning , testing of building materials to meet required quality & safety standards remain to be our hallmark.” Says one of the project directors.

The overwhelming public response to the innovative Transit concept has resulted in the entire level 3 boutique stores being sold out..!

Valuable Market feedback from customers & well wishers has lead them to carve out two dedicated theme zones at Level 2.

Mangalore's hip Womenfolk & Geeky gadget freaks will now have a dedicated theme bazaars to explore the latest trends in Women's fashion & Technology.

The Transit vision now sits on a firm footing for a smooth takeoff.

The project team is targeting the completion of the level 2 slab before the arrival of the Monsoon.

Ecologic Habitats is now offering attractive seasonal discounts and rental assurance on select products.

Stores starting at Rs 12 lakhs are up for grabs until May 31st.

Avail best offers and customised solutions to all your real-estate requirements at the earliest by getting connected with Ecologic Habitats on the address below.

“Build to-day, then, strong and sure,
With a firm and ample base;
And ascending and secure
Shall to-morrow find its place.”
-HW Longfellow

For more details on Progress of work do visit www.ecologichabitats.com or write to us at [email protected]

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Comments

Farooq
 - 
Friday, 20 May 2016

really wonderful contracting.

Mohammed Sameer
 - 
Friday, 20 May 2016

Really happily to c the contraction work, this builder s very professional that each and every development of the site he s showing through the beautiful article, i must say worldclass planning.

Zakir Hussain
 - 
Friday, 20 May 2016

will be coming to mangalore next month, planning to buy one shop here, looks wonderful job did by the builder.

Prabhu
 - 
Friday, 20 May 2016

Wow look at the contraction work, i dont have money otherwise i would have owned one shop here for sure,

Priya Shenoy
 - 
Friday, 20 May 2016

wow nicely contracted building, world class finishing, with closed eyes people can buy the shop here, last long quality,

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News Network
January 30,2020

Bengaluru, Jan 30: A kidnap case in Bengaluru has proved that crime-based series on TV channels can inspire youth to commit crimes. 21-year-old Chirag R Mehta, who kidnapped a schoolboy and got arrested within an hour after demanding Rs 5 lakh ransom, has told police that he thought of abducting the boy after watching Crime Patrol, a popular Hindi crime anthology series created by Subramanian S. lyer for Sony TV. The kidnapped schoolboy was rescued by the police and reunited with his parents. Son of a gift shop owner from Basavanagudi area in Bengaluru, Chirag has reportedly told police that decided to make some quick money to spend on cricket betting and gambling after learning kidnap tricks from the ‘Crime Patrol’. According to police, Chirag reached a private school around 3pm on Tuesday on a Bounce rental bike and zeroed in on a fourth standard student who was walking out of school. He told the boy he was his father's friend and that he required help to search for a relative who had gone missing. The boy believed Chirag and rode pillion on the bike. Chirag then engaged the boy in conversation and learnt about his father's business and got his mobile phone number. He then made a call to the boy's father, demanded Rs 5 lakh and warned him against approaching cops. However, the boy's father alerted Cottonpet police and special teams were formed to crack the case. While Cottonpet inspector Venkatesh TC's squad verified CCTV footage in and around the school, Chamarajpet inspector BG Kumaraswamy's team started tracking the suspect's mobile phone movements. An hour later, the suspect's location was traced to a hotel on the Lavelle Road-St Mark's Road stretch. Police rushed there, rescued the boy and arrested Chirag.

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Agencies
June 26,2020

Mumbai, Jun 26: In a humanitarian gesture, a mosque in Bhiwandi town of adjoining Thane district has been converted by its administrators into a temporary COVID-19 facility, where oxygen is provided free of cost to patients.

The facility at Makkah Masjid in the Shanti Nagar area of the powerloom town has been set up by the local chapter of Jamaat-e-Islami Hind (JIH), Movement for Peace and Justice and the Shanti Nagar Trust, which runs the mosque.

Apart from putting up five beds equipped with oxygen cylinders, the JIH also delivers them for free to patients homes if required, an office-bearer of the JIH said, adding the makeshift facility is open to all communities.

So far, the Bhiwandi-Nizampur municipality has recorded over 1,332 COVID-19 cases and 88 casualties. It has a mortality rate of 5.26 per cent, a release stated.

"Bhiwandi-Nizampur has been hit hard by the pandemic as it is a congested city. It doesn't even have proper health infrastructure.

"The situation has only worsened during the pandemic as general medical practitioners have shut their clinics fearing the virus spread," said Ausaf Ahmed Falahi, president of the JIH's Bhiwandi chapter.

As a majority of people here lack awareness about the viral disease and are unable to afford treatment, a facility like this one was the need of the hour, he said.

Over 70 persons have benefited from this facility, which has two doctors, while 15 oxygen cylinders have been delivered to the homes of eight COVID-19 patients, Falahi said.

People irrespective of their religion have been availing treatment at the mosque, he added.

"Makkah Masjid has been shut for prayers since the lockdown. So, we decided to use a part of the premises to help those who can't avail treatment elsewhere," said Qaiser Mirza of the Shanti Nagar Trust. 

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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