One developer, 4 projects, 4 cities, 377 units launch on one day

Global Housing and Real Estate Ltd. announced the launch of four different residencies – The Ocean Breeze in Negombo, City Edge in Battaramulla, Global Grand Residencies in Rajagiriya and Marriot Residencies in Colombo 06. This is the first time in Sri Lanka that a developer is announcing the simultaneous launch of apartments in four corners of the city making it a unique occasion. 

The new collection of residences aim to promote an environmentally sustainable lifestyle with effortless connectivity to public modes of transport while taking design cues from their individual locations be it the beach in Negombo or the center of the city like Colombo. The interiors are warm, inviting, radiating, contemporary and elegant to cater to modern day needs. 

GHR is a property developer which has been in existence for the last 14 years and have more than 100 real-estate projects and nine apartment projects in Colombo’s suburbs. Having their own construction team gives the group the ability to work within significantly low cost structures while not adding any ‘price-premium’ to the core product offering unlike some of the other developers. 

Global Group Managing Director Dasun Wickramarathna commenting on the simultaneous launch said: “We are pleased to launch these residential towers in four different towns, which will comprise of studio, two and three bedroomed apartments. An investment in one of our apartments will give investors a greater value addition due to uniqueness of each project.” 

Ocean Breeze, the largest of the projects will take the form of a hotel residency with 196 units and have the luxuries of a resort. The unique feature of these apartments would be that the owner can rent out the property as a hotel residency. Facilities include pool, gym, restaurant, club house, 24 hour security, elevators, air-conditioning, hot water, stand by generator and laundries. Units will be priced from 8.5 million rupees upwards. 

City Edge in Battaramulla will consist of 130 three bedroom units. As the name suggests this project will bring their residents so much closer to the Metropolis of Colombo as it is close to a major access point to the 21.6 kilometre-long elevated highway which would be built from Athurugiriya to Colombo Fort under the Megapolis master plan. Koswatta junction where the project is taking place is one of the access points to this mega highway along with Malabe, Rajagiriya, Madinnagoda and Kolonnawa. Facilities include pool, gym, day care, club house, 24hour security. 

Global Grand Residencies in Rajagiriya, the third set of residencies and the second project by GHR in Rajagiriya is situated down de Silva lane in the heart of Rajagiriya a sought after down-town location. This will be one of the more exclusive projects and will only have 15 units making it a boutique proposition to a would-be-investor or a resident. 

Marriot Residencies in Colombo 06 is a medium sized project situated on Iswari Road and will have 36 units. Apartments will be economically priced from 25 million rupees and will be a real-estate development that can deliver excellent value to a would-be-resident or an investor. 

City Edge and Marriot will have facilities like gym, club house, elevators, air-conditioning, hot water, stand by generator and 24 hour security.

GHR can lay claim to several completed projects that are seen in Battaramulla, Pelawatte, Thalawathugoda, Nugegoda, Mirihana, Nawala and Kotte. The common factors of the success of the properties are the convenient location and access to all conveniences from schools to supermarkets and parks to hospitals.