Property/Construction

Sanken catapults Sri Lanka’s premium property market to international status

Views - 65 Wednesday, 10 April 2019 01:46

Capitol TwinPeaks, the flagship residential venture of the Sanken Group, located on the Beira lakefront in Colombo 2, showcased its premium project at the SMART Investment & International Property Expo in Singapore, on 30 and 31 March. The Sanken Gro


Home Lands Skyline’s Ariyana Resort Apartments, Athurugiriya progresses

Views - 58 Wednesday, 10 April 2019 01:44

Home Lands Skyline has expressed its confidence over successful construction progress of Ariyana Resort Apartment Complex, Athurugiriya, the first-ever resort apartment complex in the island. The company commenced development of the apartment projec


World-class mattresses from Comfort World now in Kandy

Views - 13 Wednesday, 10 April 2019 01:44

Premium mattress manufacturer, Comfort World International, with a view to expanding its reach into alternative retail channels, opened a premier showroom spread over 2,000 square feet in Kandy in time for the Avurudu Season on 6 April. Present at


Super-sized living in the 21st century

Views - 185 Wednesday, 10 April 2019 01:42

Defying the trend of increasingly compact urban apartments, a new generation of super-sized apartments is challenging conventional thinking that apartment living means compromising on space and comfort. Sapphire Residences, Colombo’s new luxury dev


Perseverance is the key to succeed as an entrepreneur: Samila Maddumage

Views - 253 Wednesday, 3 April 2019 00:00

Samila Maddumage is a young entrepreneur carving his name in the real estate industry through his passion for construction and steadfast belief in contributing to the country’s economy by way of entrepreneurship. Several trials, errors, successes,


Maga wins at IESL Engineering Excellence Awards 2018

Views - 219 Wednesday, 3 April 2019 00:00

Sri Lanka’s leading construction company Maga Engineering was awarded the prestigious ‘Excellence in Engineering Award’ for the fifth time in recognition for its excellence in the Large-Scale Construction sector, at the coveted Excellence in En


The hidden truth about chrysotile

Views - 26 Wednesday, 3 April 2019 00:00

There is a popular adage in our society that goes ‘the devil is not as black as he is painted’. The devil’s blackness and the gradient of black are determined by its creators. Therefore, it’s inevitable for those with an inquisitive mind to s


BuildEx Maldives in August

Views - 29 Wednesday, 3 April 2019 00:00

The Maldives National Association of Construction Industry along with Lanka Exhibition & Conference Services Ltd. is proud to present Buildex Maldives 2019, to be held on 22, 23 and 24 August in Malé. The exhibition has been setup to cater to the c


UK house prices edge up, London falls again

Views - 18 Tuesday, 2 April 2019 00:00

LONDON, (Reuters): British house prices picked up only a little bit of speed this month as the approach of Brexit weighed on the housing market, data from mortgage lender Nationwide showed on Friday. Prices rose by 0.7% in annual terms in March, up


Australia home prices fall in March, pace of decline slows

Views - 19 Tuesday, 2 April 2019 00:00

SYDNEY, (Reuters): Australian home prices fell again in March as credit conditions remained tight and investors stayed away, though the pace of decline slowed as more auctions found buyers. Monday’s report from property consultant CoreLogic showe


Singapore first-quarter home prices fall most since 2016, luxury hardest hit

Views - 20 Tuesday, 2 April 2019 00:00

SINGAPORE (Reuters): Singapore’s private residential prices fell the most in two-and-a-half years in the first quarter, with values of high-end homes have the biggest decline in a decade, following last year’s surprise tightening of property mark


RE/MAX Sri Lanka in strategic franchise partnership with Kumar Sangakkara and Crystal Property Group

Views - 260 Tuesday, 2 April 2019 00:00

RE/MAX Sri Lanka which is part of the world’s No. 1 real estate brand signed its latest franchisee into its portfolio with cricketing legend Kumar Sangakkara, as Crystal Group Properties becomes RE/MAX Crystal Properties. Kumar’s partnership with


Dynasty Residencies project completed

Views - 535 Tuesday, 2 April 2019 00:00

The construction of Kandy’s first-ever mixed development real estate project has now been completed. Dynasty Residencies is a 19-storey residential apartment complex with superior amenities developed by GVR Lanka; a BOI approved Real Estate and Pr


LankaPropertyWeb records growth and success

Views - 33 Friday, 29 March 2019 00:00

Sri Lanka’s leading real estate website LankaPropertyWeb.com recorded another successful year in 2018, showing an extraordinary growth in traffic and other vital metrics to the website. Buoyed by the demand for rentals, new developments and sales,


Serenia continues to attract discerning clientele

Views - 91 Friday, 29 March 2019 00:00

Serenia Residences, the luxury development of 47 fully serviced residences located on the ‘Million Dollar Golden Mile’ in Talpe, Galle continues to attract demanding buyers seeking the south coast beachside lifestyle with luxury and convenience


Dispute avoidance in construction contracts a must

Views - 241 Wednesday, 27 March 2019 00:00

Standing dispute adjudication boards in construction projects should seriously practice their role in dispute avoidance in contracts, said Dispute Resolution Board Foundation (DRBF) Sri Lanka Country Representative Malith Mendis at the DRBF Regional


Renovo, first synthetic and silicon based paint, launched in Sri Lanka with 15-year warranty

Views - 22 Wednesday, 27 March 2019 00:00

The Bohra Group of Companies with its German collaboration, having a strong track record of over 60 years in the paint industry has launched Renovo synthetic and silicon based paint and waterproofing materials in Sri Lanka in exclusive association wi


Iconic Galaxy celebrates conclusion of first phase of construction

Views - 59 Wednesday, 27 March 2019 00:00

Leading infrastructure and property developer Iconic Developments announced the successful completion of construction of phase one of their latest high-end modern living space, Iconic Galaxy in Rajagiriya. The first seven levels of Iconic Galaxy have


Complete Investments breaks ground on ‘Sherwood’ in Subuthipura Battaramulla

Views - 69 Wednesday, 27 March 2019 00:00

Sherwood, the G+8 level boutique residences, consisting of 48 1, 2, 3 and 4 bed units, is a timeless landmark providing a sophisticated introduction to a new standard of Capital-City residential living. The ground-breaking ceremony was held on 26 Ma


How to reconcile past and present

Views - 19 Wednesday, 27 March 2019 00:00

The Embassy of Italy in Sri Lanka is inviting architects and developers of Sri Lanka, as well as students and interested parties to meet the world renowned architect, Ludovica Serafini, cofounder of Palomba Serafini Associati. Architect Serafini’


Urban Gateway by Kelsey Homes: the perfect home to suit your busy lifestyle or next move

Views - 51 Friday, 22 March 2019 00:00

Located in the heart of Kottawa, Urban Gateway by Kelsey Homes is an exclusive gated community that comprises 30 elegantly appointed houses, which offer modern amenities, contemporary interiors and ample space for the entire family. The project is d


Capitol TwinPeaks at the forefront of real estate trust, hosts Topping-Up ceremony, 6 months ahead of schedule

Views - 109 Friday, 22 March 2019 00:00

Capitol TwinPeaks, the flagship residential venture of the Sanken Group located on the Beira lakefront in Colombo 2, held a private Topping-Up ceremony at its 50th-storey rooftop, on 15 March. The globally adhered-to tradition marks the completion of


India honours Lanka’s ‘Godfather’ of construction industry late Dr. Edward de Zylva posthumously

Views - 332 Friday, 22 March 2019 00:00

New Delhi: The 11th CIDC Vishwakarma awards were held at a glittering ceremony on 7 March at Stein Auditorium, India Habitat Center, New Delhi. The CIDC Vishwakarma awards are inspired by the spirit of construction and creation patronised by Lord Vis


National Construction Association of Sri Lanka elects new President

Views - 35 Thursday, 21 March 2019 00:20

The 35th Annual General Meeting of the National Construction Association of Sri Lanka (NCASL) for the Year 2018/2019 was held grandly on 9 March at the Grand Monarch Hotel, Thalawathugoda, amidst a huge gathering. NCASL 1st Vice Chairman and reputed


Serenia Residences urge investors to save and gain 15%

Views - 31 Thursday, 21 March 2019 00:17

Serenia Residences, a private collection of 47 beachfront residences focusing on unparalleled amenities and boutique hotel-style services in Talpe, Galle, urge those who wish to own a unique beachfront residence to make their deposits prior to 25 Mar


Enjoy a guaranteed 15% ROI when you pay a 10% down payment at Colombo City Centre

Views - 77 Friday, 15 March 2019 00:00

With the majority of the residences already sold and Sri Lanka’s first international mall having been opened a few months prior, Colombo City Centre will be providing an exclusive offer geared towards an impressive return on investment. Clients can


Idea Group commissions new factory to manufacture i-Panels

Views - 35 Friday, 15 March 2019 00:00

Idea Group of Companies that offer revolutionary roofing solutions and interior decorating solutions to Sri Lankans commissioned its newest i-Panel ceiling sheets manufacturing factory in Katana. The factory will cater to constantly increasing demand


Bellevue Residencies signs with BOI for high-rise development in Ja-Ela

Views - 215 Friday, 15 March 2019 00:00

Bellevue Residencies Ltd. recently signed an agreement with the BOI for the development of a luxury mixed development project in Ja-Ela. The proposed development will bring to life 600,000sqft of real estate that includes two luxury high rise condomi


HNB-JKH partnership to facilitate female Tri-Zen investors

Views - 129 Friday, 15 March 2019 00:00

In a bid to assist women looking to purchase their own dream apartment, Hatton National Bank (HNB) recently announced its partnership with John Keells Properties to introduce mortgage packages for female customers hoping to invest in its latest condo


One Galle Face Mall ramps up recruitment efforts for more than 1,000 roles at upcoming job fair

Views - 854 Thursday, 14 March 2019 00:00

One Galle Face Mall, Colombo’s highly-anticipated premier lifestyle destination, will be hosting its largest job fair this weekend. The job fair will be held at the Galle Face Green, opposite One Galle Face Mall, from 10 a.m. to 6 p.m. on Saturday


Today's Columnists

No more stones to break Sri Lankan bones

Friday, 19 April 2019

Trial by fire is not a new ordeal to Christian community. It predates Notre Dame and Nazism by millennia. In fact, a decade or so before Nero torched believers to light Roman avenues, Jewish religious leaders put Jesus-followers to the test as the Ch


Wounding the social psyche

Friday, 19 April 2019

In this article, I intend to discuss the serious wounds inflicted on the psyche of Sri Lankan society, which have not received adequate attention, but need immediate cure, for they might develop into a dangerous cancer if not treated without further


What 5G could be to Game of Thrones (and vice versa)

Friday, 19 April 2019

We will be hearing a lot about these two seemingly unrelated topics this month. In a hurriedly but meticulously organised event, Dialog Axiata recently demonstrated 5G applications for the first time in South Asia. 5G will be commercially available


On time – Only for a week! A must-change!

Thursday, 18 April 2019

We are in April and the month where we witness the declaration of a new year as per our traditional practice. It is that period of time when a huge majority of our population, which certainly can be counted in millions, intends to act in unison and q


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