Property/Construction

Lankatiles emerges as winner at ‘Architect 2019’

Views - 13 Thursday, 14 March 2019 00:00

Confirming its leadership in the tile industry in Sri Lanka, Lanka Tiles PLC was honoured as the Best Trade Stall Displaying Local Products at the recently concluded ‘Architect 2019.,’ this year’s edition of the trade construction and architect


Altair reaffirms potential of Sri Lanka’s real estate sector at investor forum in Maldives

Views - 37 Thursday, 14 March 2019 00:00

The growth of tourism and Sri Lanka’s probable emergence as the main commercial and financial centre between Singapore and Dubai with the rise of the Colombo Port City, augur well for the country’s condominium market, a business leader in the sec


AHK Sri Lanka backs regulations for energy efficient construction

Views - 20 Thursday, 14 March 2019 00:00

The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) has highlighted the importance of energy efficient constructions, while calling for minimum standards to encourage sustainable growth in the industry. “Digital solutions to


INSEE Puttalam Cement Plant celebrates golden jubilee in 2019

Views - 22 Thursday, 14 March 2019 00:00

Sri Lanka’s premier cement producer, Siam City Cement (Lanka) Ltd., also known as INSEE Cement, is celebrating another proud milestone in the company’s history when its manufacturing plant in Puttalam reaches 50 years. The Puttalam Cement Plant h


Dwellings Group, Australia partners with Metricon to offer unique investment opportunity

Views - 24 Wednesday, 13 March 2019 00:00

The Dwellings Group, a leading property development and marketing company based in Australia, will hold a one-on-one investment consultancy seminar on 16 and 17 March at the Cinnamon Grand. Founded in 2011, and based out of Melbourne, the company bri


Glorious Residencies luxury housing and trade complex launched

Views - 50 Wednesday, 13 March 2019 00:00

‘Glorious Residencies’ super luxury housing and trade complex, the latest project of A&D Property Developers Ltd. that is affiliated with Ariyaratne Trade Centre Ltd. which has been engaging in the construction materials business for over two dec


Veera roofing product benefits made public via prime mover promotional vehicle

Views - 22 Wednesday, 13 March 2019 00:00

Idea Group of Companies that offers Sri Lankan consumers revolutionary and environmentally friendly roofing products unveiled its innovative roofing product branded Veera, which comes with the payoff line ‘Friendly waves at any length’. The Veera


Multilac fetes outstanding dealers with invigorating trip to Azerbaijan

Views - 8 Wednesday, 13 March 2019 00:00

Multilac, a flagship paint brand of Macksons Holdings, rewarded 57 dealers for their exemplary efforts with a memorable trip to Azerbaijan recently. During the unforgettable tailor-made five-day tour, the group experienced one of Asia’s vibrant and


‘Best from Germany’ to showcase at Build SL 2019

Views - 234 Wednesday, 13 March 2019 00:00

The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) is all set to present the best of its construction products and solutions in its first-evercountry pavilion at the housing and construction expo ‘Build SL 2019’ scheduled


Consultant Pyra Vastu practitioner Ranjith Jayasinghe receives Jithen Bhath Excellence Award

Views - 20 Tuesday, 12 March 2019 00:00

Ranjith Jayasinghe, head of Ovesta Wellness Care Center (www.ovestawc.com) that offers Pyra Vastu solutions to correct Vastu Dosha in building constructions, has received a Professor Jithen Bhath Excellence Award recently. The prestigious award was


Nivasie’s Orchid Apartments II geared to fetch higher returns with development boom in Malabe

Views - 32 Tuesday, 12 March 2019 00:00

Premium condominium project, Orchid Apartments II has made available the last of its fully equipped units for purchase, affirming higher return on investment due to it being surrounded by Malabe’s development boom. The apartment that is conceptuali


Training program for plumbers and house builders

Views - 17 Tuesday, 12 March 2019 00:00

The Hindustan Sanitaryware and Industries Ltd. (HSIL) in India together with AK Ceramics Ltd. and AK Hardware Ltd. Kurunegala conducted a training program for plumbers and house builders in the Kurunegala district recently at Green Valley Resort. Sen


Tamba Villas urges buyers to profit from new VAT laws

Views - 25 Tuesday, 12 March 2019 00:00

“If you put a deposit down on a condominium before the end of the month,” says Tamba Villas Director Eduard Hempel, “you can immediately profit from it.” After 1 April, any condominium buyers will have to pay 15% VAT on top of the purchase pr


Fairway Galle wins at Asia Pacific Property Awards 2019-2020

Views - 38 Tuesday, 12 March 2019 00:00

Fairway Holdings has been recognised at the Asia Pacific Property Awards 2019 - 2020 for its luxury apartment project, Fairway Galle, in the Residential High-Rise Development category for Sri Lanka. The official presentation of Awards will be at the


Construction industry in a crisis

Views - 506 Wednesday, 6 March 2019 00:00

In any country, the performance of the construction industry is often considered as a barometer of economic development. At present, our construction industry is plagued by low construction volume, skilled worker shortage, high construction costs, an


Asia’s largest property awards series opens submission for third Sri Lankan edition

Views - 195 Wednesday, 6 March 2019 00:00

PropertyGuru, Asia’s leading property technology company and the host of the region’s largest real estate awards, officially opened the nominations and entries period for its prestigious competition in Colombo recently.


Sanken lead discussion on Sri Lanka’s real estate potential for residents of the Maldives

Views - 35 Wednesday, 6 March 2019 00:00

Capitol TwinPeaks, the flagship residential venture of the Sanken Group, located on the Beira lakefront in Colombo 2, showcased its premium project at the RIU Forum held at Hotel Jen, Male on 4 March. The Forum hosted by the Research Intelligence Uni


Tudawe Brothers win at National Awards for Construction Excellence 2018

Views - 46 Wednesday, 6 March 2019 00:00

Tudawe Brothers Ltd., Sri Lanka’s pioneer construction company with a reputation for quality craftsmanship counting over seven-and-a-half decades, clinched two prestigious Construction Excellenceawards and a Merit award at the 2018 National Constru


CIOB unveils plans to launch pension scheme for construction industry workers

Views - 19 Wednesday, 6 March 2019 00:00

As the premier professional body representing Sri Lanka’s construction industry, the Ceylon Institute of Builders (CIOB) has taken the initiative to introduce a pension scheme for workers actively engaged in the building sector. The initial round o


Access Engineering assigned for civil works of 100MW Mannar island wind farm project

Views - 143 Tuesday, 5 March 2019 00:00

Sri Lanka boosted its national electrification from 29% in 1990 to more than 99% in 2016. Yet the power sector continues to struggle in order to meet the growing demand for an affordable and reliable electricity supply. With the share of thermal (coa


Suncity Developers launches ‘The Breeze’ luxury residential complex in Katubedda

Views - 42 Tuesday, 5 March 2019 00:00

Providing convenience and luxury at the same time to future residents, Suncity Developers launched the ‘Breeze’, a residential development project in Katubedda. The four-level luxury apartment complex will comprise 24 three-bedroom apartments alo


Aqua Vista, the pinnacle of luxury vertical living in Galle

Views - 167 Tuesday, 5 March 2019 00:00

The dream of living in an idyllic, private haven in one of the country’s most prestigious property developments, located just a five-minute drive from the iconic Galle Fort, is fast becoming a reality. The process of obtaining the necessary approva


INSEE Cement recognises and rewards business partners at Annual Awards Ceremony 2019

Views - 27 Tuesday, 5 March 2019 00:00

INSEE Cement hosted its island-wide channel partner network to the organisation’s Annual Awards gala, the ‘INSEE Business Partner Awards’ of 2019 on 2 February at Taj Samudra, Colombo. The country’s foremost cement manufacturer recognised and


UK’s North West property firm The Mistoria Group planning international expansion in Sri Lanka

Views - 436 Tuesday, 5 March 2019 00:00

Colombo born Mishantha (Mish) Liyanage, Chief Executive Officer of ‘The Mistoria Group’ whose HQ is in Manchester UK, is visiting the Sri Lankan capital to meet with potential business investors as he looks to grow his property portfolio over the


Iconic Galaxy’s month-long easy payment homeowner offer nears end

Views - 44 Thursday, 28 February 2019 00:00

The chance for aspiring homeowners to claim a rare deal on an opulent apartment housed within Iconic Galaxy, a luxurious 33-storey structure nestled within Rajagiriya whose illustrious occupants will include the likes of beloved Bollywood actress Jac


Destiny Mall & Residency nears completion in Q4 2019

Views - 141 Thursday, 28 February 2019 00:00

The Destiny Mall & Residency developed by Imperial Builders commenced construction 2014 and will complete by the last quarter of 2019. A total of 210 luxury apartments are being built on a one-acre property at the corner of Sir Justice Akbar Mawatha


One Transworks Square launches JW Marriott Hotel & Residences Tower

Views - 69 Thursday, 28 February 2019 00:00

The One Transworks Square on Friday officially launched Phase Two of its high-end luxury development project with the launch of its second tower, JW Marriott Hotel & Residences. Comprising 256 highly modern hotel rooms, 206 residences and over 200,


Oceanfront Condominiums – Nilaveli marks a milestone for ICC

Views - 37 Tuesday, 26 February 2019 00:00

Oceanfront Condominiums – Nilaveli recently conducted the first Annual General Meeting with the owners to mark another significant milestone in the successful journey of developing luxury vacation condominiums by International Construction Consorti


Buy 4 You Lanka opens showroom to promote Italy’s Beghelli LED Lamps

Views - 98 Tuesday, 26 February 2019 00:00

Buy 4 You Lanka Ltd., Sri Lanka’s premier supplier of LED Lamps from Italy for industrial, domestic and emergency sectors, last week opened its exclusive Beghelli product showroom at No. 56/46, Maha Vidyalaya Mawatha, Colombo 13. The new state-of-t


Capitol TwinPeaks, a testament to Sri Lanka-Singapore partnership

Views - 41 Tuesday, 26 February 2019 00:00

Capitol TwinPeaks, the flagship venture of the Sanken Group, located on the Beira lakefront in Colombo 2, stands as a testament of good international relations for Singapore-Sri Lanka ties. Designed by world-renowned P&T Group (Palmer & Turner), an a


Today's Columnists

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


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


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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