NDB and Nivasie offer affordable living spaces at Orchid Malabe
Thursday, 11 September 2014 02:03
NDB partnered with Nivasie Developers to provide a valuable offer on the developer’s latest project – ‘Orchid Malabe’ (Phase II). The two parties signed an MOU recently, marking the beginning of a relationship that would offer better value and unique benefits to those seeking for a prime living space or a real estate investment.
With the partnership between Nivasie and NDB, prospective home buyers will enjoy an attractive interest rate on their NDB home loans reserving a desired living space at the ‘Orchid Malabe’.
The Orchid collection of luxury homes in Malabe is designed for tranquil living, away from the busy and crowded cities.
Designed with ultimate convenience in mind, the ‘Orchid’ luxury homes at Malabe have a ‘dual-entrance’ concept, provides quick access to the outer-circular highway and is within easy reach of the administrative capital as well as to many popular education/professional institutes such as the CINEC Maritime Campus, Horizon Campus, Millennium IT premises, SAITM Medical College, SLIIT Campus and Dr. Neville Fernando private teaching hospital.
In addition to three unique designs,Sanderiana, Stelis and Ansellia-all named after orchids;‘Orchid Malabe’ consists of a gymnasium, mini-market, jogging tracks, club house, and play area for kids, 24-hour security with CCTV cameras and a free telephone connection with ADSL and PEO TV facilities.
Commenting on the partnership, NDB Chief Operating Officer IndrajitWickramasinghe said: “We are glad to partner with Nivasie Developers to package a unique offer to our valued clients and to anyone hoping to invest in a house at ‘Orchid Malabe’. The satisfaction of a place you can call your own is priceless. One of the often overlooked reasons for owning a home, is the freedom you enjoy once you have achieved this major goal in life. The security and peace of mind that come with home ownership is a great accomplishment and becomes a strong anchor for a fulfilling life.”
“Conceived with the belief that true freedom in life comes with a home of your own, NDB has thoughtfully devised a number of home financing options at attractive interest rates, to suit the varying needs of our clients; helping them to acquire their dream homes with ease. Therefore I wish to invite all those with a desire to own a home, to take advantage of this unique offer from NDB and Nivasie Developersto acquire the home of their dreams, more conveniently,” Wickramasinghe said.
NDB Home Loans range from a minimum value of Rs. 100,000 up to a maximum based on the client’s requirement and their capacity to repay; while the flexible repayment schedules are extended up to 20 years depending on the clients age and date of retirement. The applicants also enjoy ease of repaying the loan at a competitive interest rate in equal instalments enabling the salaried individuals to easily plan their monthly commitments.
NDB Home Loans would cover up to 80% of the value of a house for outright purchase. The bank has also designed a loan scheme with a special repayment plan for non resident Sri Lankans with permanent employment contracts abroad, enabling them to obtain a house in their homeland with ease.
Commenting on the partnership, Nivasie Developers Deputy Managing Director Roshani Perera said: “Strength in values, quality of construction and continuously gaining customers’ trust has contributed to Nivasie’s journey towards success, allowing us to stay strong in the industry for more than a decade. The quality of the suppliers that had worked with Nivasie through the decade confirms our commitment towards providing a ‘well-built quality home’ to our valued clients. The ‘Orchid Malabe’ is no exception. Our latest project is of impeccable design, highest quality of construction and is equipped with modern amenities and comforts. The uniqueness of Orchid is that, it combines modern design with healthy living and right royal comfort. Apart from all this, Orchid would also be a wise investment decision, given the foreseen development in the Malabe area. Estimated return on investment for this real estate is as much as 12.5% per annum, which makes it an ideal investment option as well as supreme residential choice.”
For over a decade Nivasie Developers has celebrated many successful satellite housing projects which include Nivasiepura, The Nest, Tranquil Crescent, Hill Crest Estate, Victoria Range Bungalows Kandy and the current project Orchid in Malabe.
Nivasie Developers, a fully-owned subsidiary of International Construction Consortium Ltd. (ICC), strives to maintain high quality construction standards at all times. ICC has been in the construction industry for over 30 years, and their contribution towards development in Sri Lanka has been immense.
The guidance and stability of ICC have made Nivasie stand strong within a competitive industry and continue to stand out with the quality of the houses they hand over to their customers. More details on Orchid Malabe are made available at www.orchidbynivase.com.
With a wide range of options to choose from, NDB is poised to cater to the diverse housing financing requirements of its varying clientele. The dynamic, experienced team at NDB is committed to delivering a superior service to enable customers to obtain the facility within the shortest possible time.
NDB Home Loans are made available through the bank’s island-wide network of 82 branches, making it convenient and accessible to all. Further information about the facility can be obtained by calling the bank’s 24-hour hotline 0112448888 or visiting www.ndbbank.com.