Sampath Bank supports Home Lands Skyline

Monday, 19 July 2021 02:32 - - {{hitsCtrl.values.hits}}

From left: Representing Sampath Bank, Relationship Manager - Corporate Credit Amila Thilanka, Senior Manager - Corporate Credit Piyami Wickramarachchi, Senior Deputy General Manager - Corporate Credit and Corporate Digitalisation Shashi Kandambi, and Managing Director Nanda Fernando; representing Home Lands Skyline, Managing Director Nalin Herath, CEO Yasas L. Pathiranage, Assistant General Manager - Finance Ajith Bandara, and Finance Manager Chinthaka Hewavidana

Joins as funding partner for Santorini Resort Apartments and Residencies Negombo

Home Lands Skyline Ltd. recently partnered with Sampath Bank PLC, as the exclusive project funding partner for the development of Santorini Resort Apartments and Residencies which is South Asia’s first theme park-style resort, apartment and residencies.

This whole new neighbourhood opens in Negombo, which is on the northern edge of the Western Province, with the project expected to be completed in 2023.

Commenting on the partnership, Sampath Bank PLC Senior Deputy General Manager Corporate Credit Shashi Kandambi said: “We are pleased to be a part of this prominent upcoming real estate project, Santorini Resort Apartments and Residencies by Home Lands Skyline, which is in the process of creating architectural history in Sri Lanka. With the current economic status of the country and the availability of housing loans at competitive rates, there is a significant and continuous demand to invest in real estate.”

Construction of upmarket apartments, such as Luxe Highway Residencies Kottawa and Treasure Trove Borella, have been completed in affiliation with Sampath Bank PLC, while Elixia 3C’s Malabe is nearing completion. The company foresees good prospects in the real estate industry despite several economic setbacks and shares similar interests with Sampath Bank, which has been at the forefront of reforming the national economy.

Home Lands Skyline Ltd. and Home Lands Holding Ltd. have earned the highest gradings as LB1 and L1, respectively, as a real estate property developer by CIDA, being the first company in Sri Lanka to obtain this grading for maintaining the highest standards in commercial and residential real estate.

With a long-standing reputation of breaking records and constructing properties with innovative and cutting-edge technology and revolutionary concepts in the real estate industry, Home Lands Skyline commences work on Santorini Resort Apartments and Residencies, which is yet another novelty concept apartment to be added to their repertoire of unique project portfolio. Ariyana Resort Apartments Athurugiriya, Canterbury Golf Resort Apartments Piliyandala and Elixia 3C’s Malabe are among the portfolio of Resort Apartment Projects by Home Lands Skyline.