Media Release

Mangaluru, Nov 1: The city, over past one to two decades, has witnessed unprecedented economic growth and this has brought about large changes in the city's footprint and skyline with its expansion to new neighborhoods.

The city's central business area has become saturated with higher population density and issues of parking and traffic congestion during peak hours.

This has lead to many preferring to move out away from the hustle and bustle and opt for more livable neighborhoods with good infrastructure that are slightly away from the city center.

This along with other strong micro-market factors have led to the emergence of active new neighborhoods across the city's north, south and eastern suburbs such as Surathkal, Thokottu-Deralakatte and BC Road.

Thokottu is rapidly emerging as one of Mangaluru’s fastest growing commercial neighborhoods and has become an ideal hotspot for various brands which are looking to make their presence there.

The Thokottu-Deralakatte region has become a hub of many education, medical and IT institutions. The region is home to NITTE University (DTB), Yenepoya University (DTB), Infosys, IT SEZ, Father Muller’s College, Perform Media software, Mangalore University, Kanachur Medical College, multiple engineering colleges and many more large organizations. The region is home to over 4,000 IT/ITES professionals and 5,000 Medicos. The region also boasts of a unique distinction of having 4 medical colleges within a 5 km radius.

Over the past few years in Thokottu, people have also witnessed a steady rise in the well planned residential settlements with immense real-estate growth potential. With the completion of infrastructure works like the Thokottu flyover, four lane-widening of the Deralakatte highway road, concrete 4 lane widening of Thokottu-Ullal road, this micro-market of Mangalore is seeing an active boom with lot of developmental activities. The creation of 'Ullal Taluk' is expected to benefit people by realizing long standing demands such as a fire-station, playground etc.. The rise in excellent social infrastructural facilities including educational institutions, healthcare facilities, malls, restaurants and entertainment options is attracting many potential investors and homebuyers to the region. The region also has an excellent connectivity quotient with the nearby Ullal Railway station, Bus terminal and the NH-66 connecting Kerala to Mangaluru city passes via Thokottu. Thokottu has become buzzing commercial junction, Transit hub and a gateway to Mangaluru from the southern side. The regions picturesque coastline has also been attracting tourists from across the world over the past few years with many resorts and tourist accommodations being set-up in this area.

With all this action happening, Ecologic Habitats, a few years back had envisioned to strategically set-up ' Transit One', a boutique highway mall that serves as a business avenue for entrepreneurs, traders and professionals of this region. Be prepared to get enthralled with a unique shopping experience as the coming few months are all set to bring in a lot of excitement for the shopping frenzy folks of the city.

Designed as a stopover destination for the travelers on the busy national highway-66, it has a catchy tagline: 'Stop-Recharge-Restart'.

The Boutique mall also serves as neighborhood mall for the large number of the residents of the Deralakatte-Ullal region which houses four universities, medical colleges etc, thereby providing a large catchment area for the business'

The team at Ecologic Habitats who are the promoters of the project are very confident of good footfalls as there are large number of residents in the neighborhood who had to otherwise travel all the way to Mangaluru city center for a good shopping experience will now have their own Boutique mall in their backyard.

All construction & finishing works on the building are now complete and bookings are now open for rentals of the stores.

All statutory compliance & completion approvals have been received for the project and currently the leasing process is ongoing.

Stores ranging from 100 sq ft upto 3,000 sq ft are available for rent.

Retail leasing consultants services have been sought for various Franchise business opportunities across segments such as F&B, clothing, FMCG, fashion and others.

For those who wish to start their own business, the retail consultancy also offers consultation to bring in various franchise business models.

Transit One Highway mall also provides a very good investment opportunity for investors looking for a good and steady rental income.

Transit One Boutique Highway Mall

Transit One intends to provide a good experiential ‘retailtainment’ experience with a good mix of retail, entertainment & gastronomic experience.

“Don’t wait to buy Real-estate, Buy real-estate & wait.” Is an age old saying.

With an innovative product mix and smart investment options, Ecologic Habitats hopes to guide its customers make the right investment choice.

At Ecologic Habitats, they strive to identify niche markets through careful market research and analysis of business trends.

Delivering the best returns for customer investments by striking win-win deals remains to be a priority for them.

Why Invest in Commercial Real Estate Segment rather than Apartments?

The advantages of investing in commercial segment of real-estate clearly supersede the investment on apartment units in Mangaluru.

With a large number of high rise apartments finding its way into the chief port city of Karnataka, the residential demand has reached saturation levels with the returns on investments plunging low.

Investments on apartment units have lower returns with long term depreciation in value.

The rental returns on apartments range from 2 to 3 % as compared to a whopping 6-8% rental gain on commercial units and an added annual escalation advantage.

Chose investment wisely.

Stores now available for rent. Bookings open. Stores ready for viewing.

Invest in premium commercial space and avail high returns of up to 9% annually.