Land Trades’ Habitat One54 inaugurated

Land Trades’ Habitat One54 inaugurated

Mangalore Today News Network

Mangaluru, Oct 20, 2021: The much awaited inauguration of Land Trades Habitat One54 residential apartment complex situated at Derebail in the city took place this morning with the unveiling of the plaque by eminent orthopedic surgeon and pro chancellor of Nitte Deemed to be University, Dr. M. Shantharam Shetty. Addressing the gathering Dr. M. Shantharam Shetty congratulated Land Trades and its managing director Sri K. Shrinath Hebbar. “Shrinath Hebbar has added numerous notable landmarks like Maurishka Palace and Solitaire to the skyline of Mangalore. The company’s team is highly motivated and quality conscious,” he observed.

 

 

 

 

 

 

 

 

 

 

 

 

Police Commissioner Sri N. Shashi Kumar, who was a guest of honour said that acquiring a house of one’s own is dream fulfillment for the people. “Having a home is a life achievement. I congratulate all the residents,” he said. Forner mayor and the ward corporator Sri M. Shashidar Hegde said that Derebail is well developed locality with all required civic infrastructure. MUDA Chairman Sri Ravishankar Mijar informed about MUDA’s plans to increase the green cover and make Mangalore a ‘fruit city’ by planting fruit bearing trees. He said Mangalore presently has about 300 water bodies and presently there was a proposal to conserve 15 lakes and ponds.

Presiding over the function, city mayor Sri Premananda Shetty said that Mangalore is growing as a well planned city with development oriented vision. “I congratulate Shrinath Hebbar and Land Trades on coming up with this affordable housing project,” he said.
 
Engineer Gokul Raj of Project Management Consultants Gokul Raj Associates, Fayaz representing the Civil Contractor MFar Constructions Pvt. Ltd., and Keshava Amin, Proprietor of Sagar Electricals, the Plumbing & Electricals Contractors were felicitated.
 
Sri K. Shrinath Habbar, the Managing Director of Land Trades Builders & Developers Pvt. Ltd., welcomed the gathering. Sri Rameeth Kumar Siddakatte, the CEO of Land Trades, gave a vote of thanks. Sri Manohar Prasad and Smt. Shavina Soans anchored the programme.

About Habitat One54

Land Trades Habitat One54 is a beautifully built condominium of 154 apartments situated in the peaceful locality of Derebail in Mangalore.  ‘Habitat One54’ is one of the first budget friendly apartments in the city to offer astonishing value added features and facilities like gymnasium, visitor’s lounge, children’s play area and gated security for as low as Rs 35 lakh for single bedroom and Rs 45 lakh for two-bedroom apartment. The price includes costs like car park, GST and miscellaneous Charges. ‘Habitat One54’ is best suited for middle income salaried groups like government and bank employees, teachers and lecturers, retired persons, upcoming businessmen and self employed people.

Habitat One54 is spread over four blocks in 1.23 acre of land. Each block is made up of ground plus five floors with two basement floors for car parking. There are 130 two-bedroom flats and 24 single bedroom apartments. The 2BHK flats are of 970, 975 and 980 sq ft area and 1BHK flats are of 770 sq ft. ‘Habitat One54’ is specially designed to meet the needs and aspirations of the urban middle class. To ensure excellence in construction, the project execution had been entrusted to the internationally renowned MFAR Constructions who had also undertaken landmark projects of Land Trades like Solitaire and Atlantis.

This property allows ample space for central courtyards and space for jogging track. Residents will enjoy a wide range of facilities like continuous power with generator back-up, 24-hour water supply, security with CCTV surveillance and fire-fighting system, intercom connecting flats with security, reticulated gas connection, sewage treatment plant, drinking water filtration plant, rain water harvesting system and landscaping.

The most attractive aspect of ‘Habitat One54’ is its serene location adjacent to Derebail Church. It places residents within close proximity to National Highway 66, AJ Hospital and the bustling residential locality of Bejai-Kuntikana. It is a very convenient location for reaching New Mangalore Port/MCF, Infosys Kottara, Kadri Hills, Saibeen Complex/City Corporation Office. Most of the elite automobile dealers like Maruti, Honda, Ford, Hyundai, TVS and their service centres are situated in this locality.

Eligibility Under Pradhan Mantri Awaz Yojana (Urban) Scheme

Habitat One54 conforms to the requirements of Pradhan Mantri Awaz Yojana ‘Housing For All’ (Urban) Scheme under the Low Income Group (LIG) category. Housing loans availed under this scheme enjoy credit linked interest subsidy @Rs. 6.50% for up to 15 years and a subsidy amount of Rs 2.20 lakhs. The state government’s new norms for reducing stamp duty and registration fee for affordable homes are an added benefit for the home buyers.

ABOUT PROJECT PROMOTERS

Land Trades Builders & Developers was founded as a start-up venture by Sri K Shrinath Hebbar, a first generation entrepreneur on October 28, 1992. It is an ISO 9000:2015 firm enjoying ‘DA2’ Real Estate Developer Rating from CRISIL. Having pioneered the concept of residential layouts in Mangaluru, Land Trades ventured into apartment construction in the year 2008. Over the years, it has emerged as one of the leading property developers in the city with a record number of completed projects to its credit, including landmark residential developments like Sai Grandeur, Maurishka Palace and Solitaire. The firm has completed 38 residential projects adding to 3,000+ homes and built-up area of 41.32 lakh sqft.