Prime Group starts construction of The Elizabeth, Colombo 07

Prime Residencies, the condominium arm of Prime Group; has officially started construction on The Elizabeth, Colombo 07, marking the commencement of a landmark residential development set to redefine elevated living in one of Colombo’s most prestigious addresses.

In every great capital city, there are residences that transcend their physical form to become enduring symbols of the city itself defined not only by their architectural distinction, but also by their prestigious address, distinguished associations, and the legacy they represent. The Elizabeth is envisioned as such an address, conceived to establish a new benchmark in refined ultra-luxury living and to become part of Colombo’s evolving architectural and residential identity.

Located along Bauddhaloka Mawatha, Colombo 07, The Elizabeth brings together an exceptional address, elevated private residential amenities, and contemporary architectural excellence, creating a distinctive living environment that reflects the prestige, sophistication, and enduring appeal of one of Colombo’s most sought-after neighbourhoods.

The groundbreaking marks an important milestone in the realisation of a development comprising around 200 spacious residences, thoughtfully designed across one acre of land to deliver a refined residential experience where architectural expression, functionality and timeless elegance come together. The piling works for The Elizabeth will be undertaken by Access Engineering PLC, bringing its expertise and technical capabilities to the foundation stage of this landmark development.

The residences are thoughtfully designed across two, three, and four-bedroom configurations. Each residence is designed to endure as a rare living heirloom for generations to come, offering exceptional quality, distinction and lasting value.

Residences at The Elizabeth start from Rs. 129,750,000 upwards, presenting a unique opportunity to secure ownership within one of Colombo’s most prestigious residential addresses in Colombo 07.

The Elizabeth is designed to complement this enduring character. Its architectural language, private amenities and carefully considered residences come together to create an address defined by heritage, privacy and permanence.

Prime Group Chairman Premalal Brahmanage said:  “The Elizabeth represents a new chapter in how we understand the prestigious residential living in Colombo. It is not simply about creating another residence; it is about creating an address with a sense of identity, heritage and lasting value. The location, architectural vision and level of detail have all been carefully brought together to create something truly distinctive for a select community.” 

The name The Elizabeth itself reflects the philosophy behind the development- inspired by heritage, defined by elegance, and created for those who value legacy as much as luxury. Set on nearly one acre of land in highly sought-after Colombo 07, The Elizabeth offers buyers a rare opportunity to own a newly built residence in one of Colombo’s most prestigious addresses, where both land and distinguished housing are exceptionally limited. It is a development conceived not merely for today, but with an enduring sense of place, permanence and legacy.

The Elizabeth, Colombo 07, is the latest expression of Prime’s legacy an address where heritage meets contemporary living, and where a residence becomes more than a home: a lasting part of Colombo’s identity.