‘Sparkles’ housing project to light up Malabe

Views - 150 Thursday, 20 September 2018 00:00

The irresistible dream of the prospective townies of Colombo’s neighboring high-tech city of Malabe is sooner going to become a reality. The apt residential developer of the island, Home Lands Skyline Ltd. is all set to further adulate Malabe with

Insee Cement launches customised concrete solutions to revolutionise building industry

Views - 39 Thursday, 20 September 2018 00:00

Today’s ready-mixed cement industry in Sri Lanka primarily pivots on building contractors who unfortunately do not have the required skills to provide a high quality customised solution to home builders. This is where INSEE steps in. INSEE Cement

The Mount apartments project ahead of schedule

Views - 55 Thursday, 20 September 2018 00:00

In a communication issued by the contractor, L H Piyasena and Co. Ltd. has intimated that construction of The Mount a 35- apartment development in Mount Lavinia is progressing ahead of schedule and expressed confidence it is on stream to meet deadlin

Socio economic analysis of real estate values for middle class

Views - 41 Tuesday, 18 September 2018 00:00

By Nalinda Heenatigala Owing to its strength and its contribution towards economic growth, middle class consumers have been brought into sharp focus. The size of this demographic being proportionate to the power it holds over the economy and governan

Tokyo Cement and NAITA join forces to boost construction sector national skill pool

Views - 28 Tuesday, 18 September 2018 00:00

A far-reaching MOU was signed between Tokyo Cement Company (Lanka) PLC and the National Apprentice and Industrial Training Authority (NAITA) with the objective of enhancing professional competence of construction craftsmen, the lifeblood in our natio

Urgent reform to government regulations is necessary for construction industry: Ruwan De Silva

Views - 40 Tuesday, 18 September 2018 00:00

The 18th edition of Sri Lanka’s largest, most successful and prestigious construction exhibition, CONSTRUCT 2018, was held from 24-26 August at the Sirimavo Bandaranaike Memorial International Exhibition Centre. The exhibition was ceremoniously ina

Tamba Villas launches idyllic ‘home away from home’ development in Talpe

Views - 187 Friday, 14 September 2018 00:00

The southern coast, which in recent times has witnessed a flurry of development and related activities, will soon be home to an idyllic, luxurious, yet at the same time, a home away from home development, Tamba Villas. “To build a home that is so

Smart cities can serve citizens better after significant rise in urbanisation in Asia

Views - 40 Monday, 10 September 2018 00:09

With May’s major flooding in Ratnapura, a city in Sri Lanka, and its disastrous consequences still fresh in our minds, it reminds me of a similar occurrence, this time in the city of Buenos Aires . The cosmopolitan capital of Argentina, too, is not

JLL provides insight into impact of imposition of VAT on condominium sales

Views - 82 Monday, 10 September 2018 00:03

In the wake of continuing uncertainty with regard to the effective date on the reintroduction of Value Added Tax (VAT) on residential condominiums, leading global real-estate consulting agency, Jones Lang LaSalle (JLL) released a new report analysing

Sky One residences set to transform urban living

Views - 93 Monday, 10 September 2018 00:00

Colombo’s environs will gain an impressive impetus with the development of Sky One Residences located just opposite Trace IT City on Maradana Road. Developed by Sandal Colombo Ltd., a fully owned subsidiary of Zhong Tian Ding Hui Ltd. (ZTDH), the

Complete Investments launches 9th development ‘The Warrick’ in Jawatta Road Colombo 05

Views - 108 Wednesday, 5 September 2018 00:00

‘The Warrick’ located at 121, Jawatta Road Colombo 05 is in the exclusive and convenient modern community precinct of Colombo, where residential living and entertainment can be combined with all modern conveniences. There has never been a better

Havelock City ceremoniously concludes topping up ceremony of Phase 3

Views - 115 Wednesday, 5 September 2018 00:00

Havelock City, the premier residential development in Sri Lanka, ceremoniously concluded the topping up ceremony of Phase 3 which marked the completion of the structure up to the roof slab. Phase 3 of Havelock City comprises two luxury apartment towe

Luxury apartments ‘Thurstan 42’ unveiled

Views - 1392 Wednesday, 5 September 2018 00:00

Real estate company Bricks Developers Ltd. launched their first Rs. 1.8 billion luxury apartment complex this week, targeting high-end buyers.

International trade shows ‘Sri Lanka Buildcon’ and ‘Sri Lanka Wood’ at BMICH

Views - 31 Wednesday, 5 September 2018 00:00

The twin international trade shows, ‘Sri Lanka Buildcon Expo 2018’ presented by Alumex PLC and ‘Sri Lanka Wood 2018’ presented by JAT Paints, the two main sponsors, has been put together by Futurex Trade Fair and Events Ltd., a leading SAARC

Well&Able introduces high quality prefabricated lightweight building system in Sri Lanka

Views - 45 Wednesday, 5 September 2018 00:00

Well&Able Lanka Limited, in association with a Singapore-Sri Lanka business partnership, jointly introduced a futuristic construction technology that is environmentally friendly, cost effective, least time consuming, highly profitable and of high qua

Dr. Shingo Asamoto keynote speaker at Society of Structural Engineers Sri Lanka Annual Sessions 2018

Views - 46 Monday, 3 September 2018 00:00

The Society of Structural Engineers, Sri Lanka (SSE-SL) held its Annual Sessions 2018 with the patronage of Tokyo Cement Group on 14 August at the Cinnamon Grand Hotel, Colombo.

A-list designers revealed as team behind new super-prime Colombo residential tower

Views - 90 Monday, 3 September 2018 00:00

Operating in Sri Lanka through its 100% subsidiary WelcomHotels Lanka Ltd., luxury Indian hotelier ITC Hotels has released eagerly awaited details about its first-ever branded residential project.

Tamba Villas to capitalise on new amendment to property laws

Views - 227 Thursday, 30 August 2018 00:00

The Southern coast which in recent times has witnessed a flurry of development and related activities, will soon be home to an idyllic, luxurious, yet at the same time, a home away from home development; Tamba Villas. “To build a home that is so ex

Nippon Steel sees India as most promising market

Views - 17 Thursday, 30 August 2018 00:00

TOKYO (Reuters): Japan’s top steelmaker Nippon Steel & Sumitomo Metal Corp sees India as the most promising market and wants to become “an insider” to capitalise on growth of the world’s third-biggest steel market, a senior executive said.

Three Sinha receives Gold Award at CNCI Achievers Award 2018

Views - 15 Thursday, 30 August 2018 00:00

Three Sinha Group of Companies, an organisation that constantly strives to break new barriers in the roller door industry won the Gold Award in National Level, Large Category, Manufacturing Sector at the CNCI Achievers Award 2018 organised by the Cey

South Africa withdraws land expropriation bill passed in 2016

Views - 18 Thursday, 30 August 2018 00:00

JOHANNESBURG (Reuters): South Africa’s Parliament withdrew an expropriation bill it passed in 2016 that allowed the state to make compulsory purchases of land to redress racial disparities in ownership, the ruling African National Congress (ANC) sa

Construction momentum of iconic Ritz-Carlton Colombo continues rapidly with Banquet Level 16

Views - 315 Thursday, 30 August 2018 00:00

Located in the heart of the city amidst a well-preserved landmark and under the stewardship of an iconic luxury brand, The Ritz-Carlton Residences, Colombo is set to redefine Colombo’s skyline. The ultra-luxury tower standing 326 metres tall, hous

Selecting a competent construction worker: A conjecture?

Views - 274 Thursday, 30 August 2018 00:00

Once, I wanted the service of a plumber to install a new, natural gas line for an outdoor built-in barbeque structure. This was as an extension to the existing gas supply line. It is noted here that, in Australia, where I live, natural gas supply lin

Building the future: Sustainable condominiums in Sri Lanka

Views - 88 Wednesday, 29 August 2018 00:00

The recent upswing in the condominium market in Sri Lanka (inclusive of all three types of condominiums, irrespective

Online construction permits issuance launched via eLocal Government initiative

Views - 252 Wednesday, 29 August 2018 00:00

Achieving a greatest milestone of the eLocal Government Programme, the online construction permit issuance platform

UltraTech Cement Lanka partners IIESL’s Technical Session for construction industry professionals

Views - 22 Wednesday, 29 August 2018 00:00

UltraTech Cement Lanka Ltd., a part of the Aditya Birla Group, stepped forward to sponsor the Technical Session of the Institute

RS Steel launches three websites

Views - 30 Tuesday, 28 August 2018 00:00

RS Steel, a leading steel wire manufacturing company in Sri Lanka, manufactures RS QST RB 500 steel wires. RS Steel Group of Companies recently launched three websites at the Light House Hotel in Galle – rssteelcompanyprofile-singhala, rssteelcomp

ASCG initiates innovative gravity sewer system for Colombo

Views - 45 Tuesday, 28 August 2018 00:00

With Sri Lanka experiencing significant growth in infrastructure development coupled with increasing tourist arrivals, the local office of Anhui Shui’an Construction Group Ltd. (ASCG) recently held a project completion event for its innovative grav

Building destination brands

Views - 205 Tuesday, 28 August 2018 00:00

Ruchi Gunewardene and Aliakber Alihussain of Brand Finance Lanka provide a unique analysis to a newly emerging category in Sri Lanka luxury property destinations

Home Lands sponsors Construct Exhibition 2018 as Official Real Estate Partner

Views - 20 Thursday, 23 August 2018 00:00

Home Lands Holding is the Official Real Estate Partner for the 18th Construct Exhibition, to be held from 24-26 August at the Sirimavo Bandaranaike Memorial Exhibition Center, BMICH. The exhibition is considered the key construction platform in the i

Today's Columnists

Finishing the job of ending poverty in South Asia

Thursday, 18 October 2018

“I have a four-year-old son back in my village. I want to make a better life for him,” says Sharmin Akhtar, a 19-year-old employee in one of Dhaka’s many flourishing garment factories. Like thousands of other poor women, Sharmin came down to B

Depreciating rupee: Avoiding a money-go-round

Wednesday, 17 October 2018

Sri Lanka’s excessive reliance on foreign capital to finance investment under favourable external financial conditions is now leading to disruptions, as those conditions change in a decisive interest rate tightening phase in the United States. As U

Responsible water stewardship in Sri Lanka

Wednesday, 17 October 2018

Unlike many of our regional neighbours, Sri Lanka is blessed with an abundant water table. However, many companies do not feel the full value of this precious resource due to the limited regulation and monitoring of fresh water extraction for busines

Economy in disarray, banks flourishing; can this be true?

Wednesday, 17 October 2018

It is earlier reported that the growth in bank credit accelerated in August despite the tight credit and money conditions and rising non-performing loans in the banking sector. It is further reported that the year-on-year (YoY) growth in credit accel

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