Rich Life

An Indo-Lanka tie up will pump in Rs. 620 mn down Lake Drive in Col., 8 to build 25 fully furnished luxury homes.rnrn
The project will cater to Sri Lankas growing lquote large disposable income population on the look out for serine neighbourhoods to move into. rn

rnHallmark Property Co., says each 3000-4000 square foot unit will go for up to Rs. 30 mn and will come with its own Jacuzzi.rn

rnThe private community will have its own swimming pool, gymnasium, mini-mart, childrens play area, community hall, television services, 24 hour security and management office. rn

rnCompany Directors say the investment timing was opportune, to tap into the countrys upper and middle income housing market. rn

rnThe Board of Investment (BOI) joint venture between Arthik Properties Limited, India and Sri Lankas lquote Ocean View Development was signed on Friday. rn

rnThe project is expected to span two years, with the firm pre-selling its properties to raise part of the funds. rn