Swan City

From left: Dr. Fernando Im, Senior Country Economist for Sri Lanka and the Maldives, The World Bank, Hon. Eran Wickramaratne, State Minister, Ministry of Finance and Mass Media, Dr. W A Wijewardana, Former Deputy Governor of the Central Bank of Sri Lanka, Prof. Indralal de Silva, Former (Chair) of Demography, University of Colombo, Prof. Amala de Silva, Department of Economics, University of Colombo at the panel discussion on "Demographic Change in Sri Lanka" moderated by Dr. Ramani Gunatilaka, International Centre for Ethnic Studies.

Nivasiepura, one of the large suburban housing developments in the country, has announced the launch of a new two-storey semi-luxury model to its range in a major enhancement of options to customers.
The new model home branded Swan comprises three bedrooms, two bathrooms, living and dining areas, TV lounge, pantry, maids room and toilet, a spacious enclosed balcony and garage, the company said.rn

rnA fully-detached house is set in a spacious garden enclosed by its own boundary walls, providing a level of privacy and exclusivity rarely achieved within a large housing project, said Herman Gonsal, Executive Director of Nivasie Developers (Pvt) Ltd., the promoters of Nivasiepura.rn

rnHe said a survey of the market had shown that the Swan houses, at Rs 2.3 mn each, were a “best buy” option in Sri Lanka, because all comparable products were significantly higher priced.rn

rnThe Rs 1.2 bn Nivasiepura project, a planned satellite city, which had sold 512 houses at end March, encompasses 114 acres of lands