Home / Property/Construction/ GRIT Property Group introduces strategic investment schemes to enhance its services

GRIT Property Group introduces strategic investment schemes to enhance its services

Comments / {{hitsCtrl.values.hits}} Views / Thursday, 19 July 2018 00:00

Grit Property Group, based out of Melbourne, Australia, now offers an unmatched combination of deep industry experience, local market expertise and personalised attention to the vital area of property investment services and student accommodation. This double-edged strategic move will assist Sri Lankans in investing in lucrative properties and arranging accommodation for their children studying overseas.

Founded by successful and forward-thinking entrepreneur Navin De Silva, who has a proven record of over eight years in the industry, Grit Property Group delivers proven solutions and exceptional service that adds value, enhances lifestyles and makes a difference every day for every resident and community it manages. The company has assisted hundreds of investors/parents all around the world and is focussed on providing these benefits to Sri Lanka too.

Grit Property Group offers two main streams of business, namely; Student Settlement Program for students/parents and Australian Investment Properties for investors. Student settlement program focuses on student accommodation covering the various aspects of student settlements in Australia, including airport pickups, accommodation, advisory services and logistics.  The state of Victoria which includes Melbourne, is expected to reach nearly seven million people in 2025 and by 2051, it is estimated there will be 10.1 million living in Victoria and eight million in Melbourne. Melbourne will need 1.6 million homes over the next 35 years. With this in mind, it is an optimal time for Sri Lankan investors to invest in Melbourne real estate and get the returns back to Sri Lanka in four to five years’ time

The Australian economy is currently in its 26th year of continuous growth. It is expected to average annual GDP growth of around 3% over the next five years. Australia consistently ranks as having one of the fastest growing populations in the developed world. Current Australian population is 24.6 million. Australia has one of the highest shares of foreign born nationals making up its population and immigrants will continue to represent the bulk of Australia’s population growth going forward.

Director Grit Property Group Navin De Silva states, “The ever-growing reputation of purpose built student accommodation is Melbourne’s highest yielding property asset which has seen total investment in the sector increase consistently over the past few years. Our ultimate goal is to eliminate stress for parents and students when they arrive in Australia and get them settled in without a hassle.” 

He adds, “I strongly believe that this is a fantastic time for overseas investors to invest in Melbourne, especially at a time when there is a shortage of 23,000 houses per year.”

Share This Article


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

Constitutional paradox: There is no such thing called Election Commission

Wednesday, 14 November 2018

Our Constitution, which was certified by Parliament on 31 August 1978, has 19 amendments; the First Amendment to the Constitution was certified by the Speaker in the same year on 20 November. By the end of 1988, there had been 14 amendments made to t

‘So Sri Lanka’ – upgrade staff, processes, infrastructure at BIA arrivals to be world’s best!

Wednesday, 14 November 2018

24 October, time 12:47 p.m., place – my residence in Colombo My phone buzzes with a WhatsApp message from my old colleague Prasad Fernanado now with Saudi British Bank in Saudi. I am thrilled to see the message ‘Sri Lanka top country for travel i

Qatar crisis: From the Sri Lankans’ point of view

Wednesday, 14 November 2018

The aim of this article is to examine the Saudi blockade over Qatar and its impact in the past 17 months on the country. A special focus will be given to the Sri Lankan workers who have been living in Qatar for the past two decades. The reason why th

The reality of Sri Lanka – household end!

Wednesday, 14 November 2018

Whilst Sri Lanka is debating what is right and wrong on the governance of the country, the Sri Lankan household is falling part due to escalating costs, as per the latest data released by respected research agency Nielsen. For the seventh quarter in

Columnists More