Home / Property/Construction/ Luxury apartments ‘Thurstan 42’ unveiled

Luxury apartments ‘Thurstan 42’ unveiled

Comments / {{hitsCtrl.values.hits}} Views / Wednesday, 5 September 2018 00:00


  • Offers buyers close proximity to top schools
  • Apartment rates start from Rs. 62 m
  • Rs. 1.8 b for total project

By Safna Malik

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

Speaking at the ‘Thurstan 42’ launch, Bricks Developers Chairman Shanker Somasunderam insisted that demand in the real estate market in Colombo remained strong, and expressed optimism about increasing luxury apartments and office spaces in the capital.

“We have invested approximately Rs. 1.8 billion in the Thurstan 42 project, which is expected to be completed by March 2020 and will give the finest choice of living a luxurious lifestyle in Colombo city to the customers,” he added.

Bricks Developers ventured into its new project, Thurstan 42, with Zhongtian Dinghui Investment Company Ltd., Civil and Structural Engineering Consultants, N and A Engineering Consultant, and Design Group Five International.

Thurstan 42 is walking distance from hospitals, shopping malls, supermarkets, hotels, restaurants, cafés, and top schools in Colombo, including Royal College, Ladies’ College, Thurstan College, Colombo International School, St. Bridget’s Convent, Wycherley International, and Stafford International.

Pointing out that the construction industry contributes over 10% of Sri Lanka’s GDP, Somasunderam was upbeat about the opportunities in the sector.  He insisted the Company’s main objective is to increase the construction quality of buildings and to capitalise available opportunities in the rapidly growing industry.

“Bricks Developers is fully committed to enhance the growth of property development in Sri Lanka, since there is an increasing demand for apartments and office spaces in Colombo. We have earmarked properties to develop more apartments and office space in Colombo,” he added.

The cost of an apartment at Thurstan 42 starts from Rs. 62 million, which will also have an air-conditioned banquet hall with a terrace which hold up to 100 guests, fire protection systems, 24-hour security services, garbage disposal options, three phase electricity, 100% power back-up, swimming pool, Jacuzzis, fully equipped gym, centralised gas supply, electric car charging points, and three floors especially reserved for dual car park facilities. 

Project architect, Design Group Five International Chairman Suranjith De Silva said the focus was promoting green construction, enabling environmentally friendly options that would be both cost effective and design-friendly.  De Silva highlighted the ventilation system used for the apartments that enabled interior spaces to be cooled without air-conditioning.   

The Thurstan 42 high-rise is located at No. 42, Thurstan Road, Kollupitiya. The complex is a 12-storey building that would consist of 32 units designed using standard European fittings with three bedrooms in four unique designs. Each apartment is approximately 1,550-1,710 sq. ft. on a 42-perch land. 

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