Mohtisham is all set to change the lifestyle of Mangalore with 'Canopy' and 'Amity'

May 3, 2012

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Mangalore, May 3: City's pioneer builders Mohtisham Complexes Pvt. Ltd. launched their two premium projects Canopy and Amity on recently at Canopy site, Urwa Stores, Ashok Nagar Road, Mangalore.

Maulana Salim Nadvi, Principal of Iqra Arabic College inaugurated the projects. Rev. Fr. Ravi Santosh Kamath conducted the prayer ceremony.

After that a model of both the projects were inaugurated by Heath Streak, Captain of Zimbabwe Cricket Team after winning a toss against Janardhan, Captain of Karnataka Indians Cricket Team.

The project brochures were inaugurated by RV Deshpande, Ex President, KPCC. The launch ceremony was graced by a host of luminaries like N. Yogesh Bhat, Deputy Speaker of Karnataka Assembly, Krishna J Palemar, Ex Minister, Captain Ganesh Karnik, MLC; Ivan D'Souza, KPCC Secretary, Amarnath Shetty, Ex Minister, Suresh Ballal, Ex President of MUDA, Shreekar Prabhu, President of BJP (Mangalore); Badrudeen, KPCC Member; Mohammed Masoor, President of Muslim Central Community; Shashidhar Hegde, Ex Mayor of Mangalore; Sri Pradeep Pai, MD, Hangyo; Sri Mohan Rao, Landowner of Canopy and members of Zimbabwe Cricket Team and Karnataka India Cricket Team.

Apart from them, the senior officials of Mohtisham present on this momentous occasion were S.M. Arshad, Managing Director, S.M. Sawood, Executive Director, Dharamraj (CEO) and Gopalakrishnan, General Manager, Planning and Design.

Abhay Chandra Jain, MLA, Sri Seemanth Kumar Singh, Commissioner of Police, Mangalore and Ashraf K., Ex Mayor of Mangalore conveyed their best wishes. The MC was Sahil Zahir.

Canopy is a masterpiece which nestles 244 apartments across 19 floors. It has all luxurious amenities like club house, mini theatre, coffee lounge with Wi-Fi facility, student activity room, tennis and badminton court, basketball and skating rink, sky watch gallery with telescope, children's play area to name a few.

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News Network
February 7,2025

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Governor Thaawarchand Gehlot returned to the State Government the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025, suggesting that the ordinance will benefit borrowers while no provision has been made to provide protection to lenders.

Sources in the government said that the Governor felt the need for a detailed discussion on the ordinance in the legislature. Since the budget session will commence in March 2025, he advised the government to discuss the issue during the session, instead of bringing in the ordinance in a hurry.

The Governor advised the State Government to deliberate on the issue in detail and bring an effective enactment in the interest of the affected people and to protect their rights.

Following alleged harassment by microfinance companies seeking repayment of loans, more than a dozen borrowers had committed suicide in Karnataka. To check the harassment from MFIs, the government has proposed the ordinance.

The Raj Bhavan is of the opinion that it is the duty of the State to protect the vulnerable persons of the society. But, it is also necessary to protect the lawful and genuine rights of the persons who have lent to needy persons within the existing laws with proper checks and balance mechanism.

Mr Gehlot noted: “If all the pending loans with interest as on date is discharged, the lawful and genuine lenders may face trouble. Further, they have no remedy to recover their pending amounts, which may lead to legal battle.”

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coastaldigest.com news network
February 12,2025

Mangaluru: Dakshina Kannada MP Captain Brijesh Chowta has urged Chief Minister Siddaramaiah to prioritize increased investments in Mangaluru during the upcoming Global Investors Meet for Coastal Karnataka. He emphasized the region’s immense potential for sustainable industrial growth.

Coastal Karnataka’s Strengths

The MP highlighted Coastal Karnataka’s skilled workforce, premier educational institutions, and strong entrepreneurial ecosystem, making it an ideal destination for industrial expansion.

With its strategic location, excellent port connectivity, and robust infrastructure, the region is particularly suited for industries in R&D, Global Capability Centers (GCCs) - IT and ITES, fintech, renewable energy, marine biotechnology, tourism, and food processing.

Challenges Hindering Growth

Despite these advantages, the MP acknowledged challenges such as youth unemployment, migration of skilled talent, and a lack of large-scale industrial investments. He urged the government to take concrete steps to address these issues.

Proposed Investment Initiatives

To harness the untapped potential of Coastal Karnataka, he requested the CM’s support in:

•    Establishing an IT and startup hub to leverage the region’s large talent pool, boost entrepreneurship, and curb brain drain.

•    Facilitating investments in GCCs and R&D centers, capitalizing on the region’s skilled workforce.

•    Setting up a technological innovation park in Mangaluru to attract investors and institutions.

•    Enhancing New Mangalore Port and developing an integrated coastal economic zone to encourage global trade and manufacturing.

•    Supporting sustainable fisheries, marine research, and ocean-based industries.

•    Encouraging investments in eco-tourism, wellness retreats, and adventure tourism to drive economic growth.

The MP stressed that proactive government intervention in these sectors would significantly boost the region’s economy, attract industries, and create employment opportunities. The proposal is now under consideration.

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