Board of Investments (BOI) Chairman Upul Jayasuriya exchanging the documents granting BOI Status to A & D Property Developers with its Managing Director H.P. Lionel Ariyaratne
A & D Property Developers Ltd., the construction company which plans to build the super luxury housing complex, Glorious Residencies in Colombo has received the approval of the Board of Investments (BOI) to function as a BOI Company.
Meanwhile, the construction work of the super luxury housing complex, Glorious Residencies and state-of-the-art trading facility in Colombo is scheduled to commence shortly, announced A & D Property Developers Ltd. The 12-storeyed housing complex is planned to be constructed at No 167, Udugahawalauwa Watta, Bandaranayake Mawatha Colombo 12. Udugahawalauwa is situated in close proximity to Armour Street and has a proud history to its name.
“The super luxury housing complex Glorious Residencies and trading complex is being constructed in an area which has a very high commercial value and is highly populated. This housing complex is ideal not only for people coming to Colombo City braving the heavy vehicle congestion for employment and business activities, but for Sri Lankan expatriates in foreign countries who someday intend to start business based in Colombo. We invite everyone dreaming of living a luxurious life with all comforts and facilities in a superior environment to come to Glorious Residencies,” said A & D Property Developers Ltd. Managing Director H.P. Lionel Ariyaratne.
To cater to the desires and choice of the consumer Glorious Residencies will consist of 88 different styled houses ranging from sizes 872 sq. ft. to 2,135 sq. ft. The house prices will range from Rs. 16.25 million to Rs. 50 million, the company said.
The ground floor, first and second floors of Glorious Residencies has been designed to provide parking space for 104 vehicles. The Ground floor will consist of supermarkets, restaurants and banks. Glorious Residencies will also comprise of conference halls, offices, gymnasiums and a state of the art swimming pool for adults and children on the top floor. In addition two car lifts and two high speed passenger lifts will be installed for the convenience of the residents.
A 24 hour security services will be in operation to provide security to ensure a luxurious life style, A & D Property Developers Ltd., further added.
More details of Glorious Residencies which will be constructed with the highest quality standard bathroom fittings, electric appliances, tiles, cold and hot water systems and complete air-conditioning network could be obtained by telephoning 076 8225060.