Sunday Feb 22, 2026
Sunday Feb 22, 2026
Friday, 20 February 2026 00:02 - - {{hitsCtrl.values.hits}}
Managing Director Kasun Andrahennadi officially declaring the launch of the project
Customers purchasing the land plots at the launch
Groundworth Ltd., has announced the official launch of “The Estate”, an exclusive land and luxury housing development located just 700 meters from Vidyalaya Junction, Hokandara. Crafted for families, investors, and professionals, the project delivers unmatched convenience, modern living, and long-term value.
The launch follows Groundworth’s prestigious achievement at the PropertyGuru Asia Property Awards 2025, where the company received Special Recognition for Land Investments—a regional honour that reaffirms its leadership in delivering highgrowth, strategically located land developments.
The Estate features six-perch and above land plots carpeted internal roads, electricity, pipeborne water, and fully approved clear deeds. The development also includes five elegantly designed luxury houses, adding sophistication and lifestyle appeal. With land prices starting from Rs. 11.5 million and a projected ROI of 37.5% within two years, the project stands out as one of Hokandara’s strongest investment opportunities
Groundworth CoFounder Kasun Andrahennadi said: “The Estate reflects our belief that land is more than a physical asset—it is the foundation of prosperity. Every project we deliver is designed to maximise long-term value while creating environments where families and communities can thrive. This launch, combined with our recent recognition at the PropertyGuru Asia Property Awards, strengthens our commitment to setting new benchmarks in Sri Lanka’s real estate sector.”
Strategically located, The Estate offers seamless access to Thalawathugoda, Battaramulla, Maharagama, Vidura College, Hemas Hospital, and major expressway interchanges.
