Nivasie Developers celebrates 15 years of impeccable service

Owning a house is a dream that connects every human regardless of any factor including nationality and socioeconomic backgrounds. As a result, over the years there has been rapid growth in the real estate industry in the country catering to the housing needs of the public.

Established in 2000, Nivasie Developers, a fully owned subsidiary of International Construction Consortium Ltd. (ICC), is a reputed property development company in the country. The company successfully completed its first project, ‘Nivasiepura’ – a 1,202 housed gated community in Ja Ela in 2006. Since then the company has completed several projects – ‘Hill Crest Estate’ in Madapatha consisting of 53 houses and ‘Victoria Range Bungalows’ in Kandy consisting of 301 holiday bungalows.

Celebrating its 15th anniversary in 2015, the company has an on-going project in Malabe and has completed construction of about 170 houses. Owning to the demands for apartment units in the area, the company is also constructing its first apartment complex, ‘Orchid- Malabe’ which consists of 94 apartment units.

During the past 15 years, Nivasie Developers have gained a reputation as a responsible property development company. The strength of Nivasie Developers is further enhanced by the backing of ICC, which has 35 years of experience in the construction industry and has earned a prominent place within the sector for delivering quality products on time.

Nivasie Developers sets itself apart from the traditional property developer, integrating each aspect of a community within the premise. The company gives careful consideration to each aspect from the design, infrastructure, health and care of the residents to the management of rain water and sewer water.

Nivasie Developers Managing Director Herman Gonsal stated that the company ensures that over 10% of the land remains as an open area in each project. The company has created a system where rainwater is dispersed to the lakes situated in the open area. Additionally, in order to counteract the increase in carbon dioxide emission within the community, the company has planted trees and creating green corridors.

Nivasie Developers also departs from the traditional property development practices as the company focuses on one on-going project at a given time, without concentrating on completing several projects at once. Owing to the quality of the products and the reliability of the company, Nivasie Developers encounter about 30% repeated clients with each project.

Purchasing an apartment unit or a second house is a popular investment practice in the current economy. Owing to their location and the gamut of benefits that the company has offered to the customer, the completed projects by Nivasie Developers yield a good return on investment to the customers upon reselling, as the houses are in high demand.

Where traditionally, the customer purchases the housing unit while the project is on-going, funding the project, Nivasie Developers have been practicing that the project is sold only after a showcase apartment has been set for inspection. Going beyond the traditional development practices once again, Nivasie Developers also take measures to deliver a high quality completed project to the customer within a relatively short period of time.

The company constantly observe the trends and practices of the region and the world at large and depending on the adaptability and acceptability, strives to incorporate these features into the designs to offer a unique experience to the customer.

In addition to the currently on-going apartment project, the company is planning to build a 144 unit apartment complex in Malabe in the future.

Additionally, the company is planning on introducing a Nivasie membership card and is negotiating with banks and supermarkets to establish ATMs and supermarkets within the scheme, in order to add value to the membership.

Nivasie Developers offer a wide range of houses from homes, apartments to holiday bungalows to the public, and with the experience garnered from 15 years in the industry, the company is dedicated to providing quality products that are delivered on time and encourages the house-hunters to make Nivasie their first choice.