Property/Construction

Kelsey Homes’ Urban Gateway model house to be unveiled with over 40% sold

Views - 27 Monday, 20 January 2020 01:58

Urban Gateway by Kelsey Homes in Kottawa is attracting an overwhelming response from prospective homeowners, with over 40% already pre-booked. Currently being developed in Kottawa, Urban Gateway is helmed by the pioneering real estate developer in Sr


Iconic Galaxy unveils stylish new show apartment in Rajagiriya

Views - 17 Monday, 20 January 2020 01:56

Leading infrastructure and property developer, Iconic Developments unveiled its stylish new show apartment in Rajagiriya to the public, recently. Designed by renowned architect cum interior designer Samira Rathod, epitomises minimalist yet luxury li


ICC’s Oceanfront Condominiums Galle ready for viewing

Views - 19 Monday, 20 January 2020 01:54

Oceanfront Condominiums Galle, the latest residential beachfront development of premier contractor International Construction Consortium (ICC) gives prospective homeowners an opportunity to experience the lifestyle with the unveiling of their model a


Coloma makes an exquisite, elegant entry into sanitary ware

Views - 15 Thursday, 16 January 2020 01:01

Coloma, a contemporary brand of stylishly crafted sanitary ware with cutting edge technology, was launched recently at a gala evening at the Lanka Tiles showroom in Nawala. Marketed exclusively by the Lanka Walltiles Group, a name trusted in Sri Lan


Design plays an important role in creating sustainable vertical living: Chinthaka Dayarathne

Views - 16 Thursday, 16 January 2020 00:48

With the rapid utilisation of land as a resource, more and more focus has fallen on vertical space, be it for living or commercial purposes. As such, new areas of focus like Vertical Urbanism, Vertical public realm, City Vitality, and Sustainable Tal


Access Lifestyle unveils luxury bathroom masterpieces

Views - 14 Thursday, 16 January 2020 00:46

With real estate being at an all-time high, data shows that the quality of a bathroom has an effect on the home’s overall value. Despite being one of the smaller rooms, bathrooms require equal, if not more design power when compared to larger space


Chinese delegates visit Marina Square – Uptown Colombo for investment opportunities

Views - 36 Thursday, 16 January 2020 00:38

Continuing its dedication to promote investment opportunities in Sri Lanka to the world, Marina Square – Uptown Colombo recently hosted a group of delegates from China to showcase its harbor front mixed development project. Representing the One Bel


Strategic Corporate Sustainability and the role of vertical and sustainable urban living: Dr. Ravi Fernando

Views - 61 Tuesday, 7 January 2020 00:18

Current census statistics indicate an unsustainable pattern of urban sprawl in Sri Lanka, and a particularly acute situation in the Western Province. In Colombo, under 10% of housing is multi-family in nature (apartments, flats of similar), while the


President orders approval of housing and small-scale biz construction plans in a day

Views - 35 Tuesday, 7 January 2020 00:16

President Gotabaya Rajapaksa yesterday directed officials to grant approval for properly prepared housing and small-scale business construction plans within a day. Rigid regulations and time consuming process of approving construction plans pose grea


Challenges to improving sustainability in business

Views - 27 Tuesday, 7 January 2020 00:15

By Sucharitha Navarathne Though sustainability has many positive impacts on business, it can also be challenging to actually implement these changes. Here are some of the biggest barriers those businesses, particularly small ones, face when trying to


Coenergi signs up as LEED Consultant to Anugraha Fashions, India

Views - 7 Tuesday, 7 January 2020 00:15

Coenergi has clinched its first project in India, with Anugraha Fashion Mill Ltd. from Tiripur signing up Coenergi as a consultant to obtain Leadership in Energy and Environmental Design (LEED) Gold for its facility in Tiripur. The contract letter w


Altair among top-notch property companies at LPS Shanghai 2019

Views - 28 Friday, 27 December 2019 00:00

The investment opportunities in Sri Lanka’s property development sector generated significant interest at the 2019 Luxury Properties Showcase Ltd. (LPS) exhibition in Shanghai, China, according to Altair, one of the leading participants from South


SLIA signs MOUs with key sponsors for “Annual Sessions 2020’’

Views - 29 Friday, 27 December 2019 00:00

The 38th Annual Sessions of the Sri Lanka Institute of Architects (SLIA) is scheduled to be held from 19th to 23rd of February 2020 at the BMICH Colombo, comprising of a series of events including the most prominent event of “Architect 2020 - Memb


LEED Gold Certification by Coenergi for Orion City

Views - 12 Friday, 27 December 2019 00:00

Green Consultants Coenergi Ltd. obtained a LEED Gold Certification for Orion Tower Phase 1 under the Orion City IT Park. The certification was presented on 5 December to Orion Development Ltd. Project Manager Sumith Kulugammana by Coenergi COO Madush


Millennium Housing Developers receives ‘Asia’s Most Trusted Real Estate Company Award 2019’

Views - 26 Tuesday, 24 December 2019 00:09

Millennium Housing Developers PLC has taken urban and township development to unprecedented heights. Since 1999, the company has been revolutionising mega township projects by identifying and catering to the progressive lifestyles of prospective cli


ICC’s Oceanfront Condominiums Galle ready for viewing

Views - 28 Tuesday, 24 December 2019 00:07

Oceanfront Condominiums Galle, the latest residential beachfront development of premier contractor International Construction Consortium (ICC) gives prospective homeowners an opportunity to experience the lifestyle with the unveiling of their model a


Sripalie Contractors wins 1st Runner-Up in large category; clinches Construction sector Award at NBEA

Views - 123 Tuesday, 24 December 2019 00:05

Sripalie Contractors Ltd. was felicitated with two prestigious awards at the National Business Excellence Award 2019 (NBEA), hosted by the National Chamber of Commerce of Sri Lanka (NCCSL). This time, Sripalie Contractors tops in the Construction Ind


ICC’s Nilaveli and Nivasie receive top accolades at prestigious Construction Excellence Awards 2019

Views - 39 Friday, 20 December 2019 00:00

International Construction Consortium (ICC), one of Sri Lanka’s well established and renowned construction entities, was bestowed with the prestigious Construction Excellence Awards for its top notch development in the local real estate space and b


Kelsey Homes and HNB partner to provide loans up to 75% for Urban Gateway project in Kottawa

Views - 33 Friday, 20 December 2019 00:00

Kelsey Homes, the pioneering real estate developer in Sri Lanka, has partnered with HNB, one of the country’s leading banks, to provide aspiring homeowners with special loans of up to 75% for purchase of homes at Urban Gateway in Kottawa. This, hom


Capital TRUST Properties partners with Sky One Residences to market Luxury Sky One Tower

Views - 40 Friday, 20 December 2019 00:00

Leading Sri Lankan real estate company Capital TRUST Properties has partnered with Chinese construction company Zhong Tian Ding Hui (ZTDH) Hong Kong Ltd. to promote apartment sales at ‘Sky One Residences’ in Colombo-10. Both parties bring to the


Home Lands Skyline launches Canterbury Apartments & Residencies in Piliyandala, Kahathuduwa

Views - 493 Friday, 20 December 2019 00:00

Unrolling the majestic backdrop of lofty Victorian architecture in the region’s first-ever Golf View Apartment setting, Home Lands Skyline has launched their latest innovation, Canterbury Apartments & Residencies in Piliyandala, Kahathuduwa. Along


Sri Lanka’s tallest A-grade office complex MAGA ONE achieves full occupancy

Views - 431 Thursday, 19 December 2019 01:06

MAGA ONE, Sri Lanka’s tallest A-grade office complex developed by the country’s largest construction company, Maga Engineering, has reached full occupancy within its first year of operations, making it the leading choice for global and local corp


Marina Square – Uptown Colombo participates in LPS Shanghai 2019

Views - 32 Thursday, 19 December 2019 01:04

Marina Square – Uptown Colombo, Sri Lanka’s first and largest harbor front development project, was one of the two participants from Sri Lanka at LPS Shanghai 2019, the leading luxury real estate exhibition held in China’s commercial and financ


Tax reductions support construction industry development

Views - 80 Wednesday, 18 December 2019 03:02

On the advice of President Gotabaya Rajapaksa, the reduction of tax components in the construction industry on Pay As You Earn (PAYE) tax to 14% from the original 28%, Value Added Tax (VAT) from 15% to 8% was appreciated by the leading institutions a


Capitol TwinPeaks awarded Green Certification in construction at Green Building Awards

Views - 55 Wednesday, 18 December 2019 03:00

Capitol TwinPeaks, the flagship residential venture of the Sanken Group, located at the up-and-coming, high-end investment location – the Beira Lakefront in Colombo 2 – was awarded the Green Certification by the Green Building Council of Sri Lank


Roofing.lk now open in Nawala

Views - 16 Wednesday, 18 December 2019 02:58

Pioneering an industry-first, Rhino Roofing Products Ltd. launched the island’s first-ever online roofing products store accessible via www.roofing.lk and its flagship store at Nawala today. Roofing.lk flagship store at Nawala was opened by Rhino G


Colombo’s crowning jewel: Ahasa One Sky Bridge, the first of its kind in South Asia

Views - 712 Wednesday, 18 December 2019 02:58

For over a century, Galle Face has been Colombo’s prestigious ocean front green and the city’s ceremonial centre. Sitting majestically between the ocean, bustling metropolis and lake, this narrow, picturesque stretch of prime land is being transf


‘The One – Sri Lanka’ wins Best Mixed Use Development at Asia Property Awards 2019

Views - 71 Friday, 13 December 2019 00:00

The One Transworks Square Ltd. recently took its rightful place among the Asia’s finest real estate players as it scored a major win at the prestigious PropertyGuru Asia Property Awards 2019 held in Bangkok, Thailand. The PropertyGuru Asia Property


Unparalleled view, exceptional style, nonstop luxury at CCC Residences

Views - 30 Thursday, 12 December 2019 02:51

Whether you are looking for a home or an investment, the Residences at Colombo City Centre offers you the best option for both. The Residences at Colombo City Centre offers you the opportunity of being one of the 192 lucky owners of an apartment tha


Browns General Trading Division introduces Plumtek

Views - 85 Thursday, 12 December 2019 02:49

Browns General Trading Division (GTD), the leading provider of world-renowned high quality hardware solutions to Sri Lanka, recently launched ‘Plumtek’—the newest addition to its extensive portfolio. Plumtek offers a wide range of ABS taps, va


Today's Columnists

Research and Development: Is it essential for Sri Lanka?

Thursday, 23 January 2020

Not long ago, on the day of our 71st Independence Day celebrations, the Army for the first time in our history paraded a locally built Multi-Barrel rocket launcher. It was never revealed that the Sri Lanka Army had an R&D wing named Center for Resear


Our heritage is Kandyan law; not Roman Dutch law as Rathana Thero thinks

Thursday, 23 January 2020

There were four bills presented by private members to the Parliament on 8 January (one bill is to be presented) which were already advertised in the gazette. They were to repeal the Kandyan Marriage and Divorce Act No. 44 of 1952; to repeal the Musli


Sri Lanka at tipping point ?

Thursday, 23 January 2020

Let’s accept it, Sri Lanka is in trouble with the economy growing at +2.6%, exports declining for the fifth month in a row to register a marginal +1% growth, tourism declining by -20% and S&P credit rating at B with Negative Outlook, which sure ind


The importance of business incubators for emergence of new businesses

Thursday, 23 January 2020

The new Government is poised to enter an arena in the development of entrepreneurship in the country which most of the developed countries have succeeded at the initial stages as well as in continuous efforts. The appointment of the new chairman and


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