Sri Lanka PM ordered UDA to stop land acquisition in the Colombo District
June 11, 2015 (LBO) – Sri Lanka’s Prime Minister Ranil Wickramasinghe instructed Urban Development Authority to immediately stop land acquisition …
Real Estate & Construction
Sri Lanka manufacturer puts up Rs80mn roofing products factory supported by USAID
May 28, 2015 (LBO) – Sri Lanka’s roofing products manufacturer, Building Solutions on Wednesday commenced operations at a new eco-friendly roofing products …
Cabinet approves consultancy contract for Southern Road Connectivity Project
May 22, 2015 (LBO) – Sri Lanka’s cabinet has approved a contract to supply consultancy services for the Southern Road Connectivity Project as …
Sri Lanka’s online property portal Lamudi releases updated Android app
May 13, 2015 (LBO) – Sri Lanka’s real estate marketplace Lamudi has recently released an updated version of its Android app to make it easier for …
Sri Lanka’s authorities should be cautious when issuing building permits: Harsha de Silva
May 13, 2015 (LBO) – Sri Lanka’s Municipal councils and local authorities should be more cautious when issuing building permits to people in areas where …
Sri Lanka micro apartments to attract property hunters through prices
Apr 28, 2015 (LBO) – Sri Lanka’s micro living arrangements have made increasingly popular among residential property hunters for their affordable …
India’s TATA housing rejects allegations and reiterates commitment to the Slave Island Project: statement
Mar 13, 2015 (LBO) – India’s Tata Housing has rejected allegations raised against it by the Sri Lankan Government over a housing project at Slave Island in …
Sri Lanka’s real estate sector shows no sign of a bubble: industry professional
Mar 12, 2015 (LBO) – Sri Lanka’s real estate sector is not in danger of reaching a property bubble as it is still growing at a faster pace than …
Sri Lanka’s real estate sector shows no sign of a bubble: industry professional
Mar 12, 2015 (LBO) – Sri Lanka’s real estate sector is not in danger of reaching a property bubble as it is still growing at a faster pace than the …
Sri Lanka to return lands occupied by Military troops
Feb 12, 2015 (LBO) – Sri Lanka new administration is to return lands and buildings which occupied by the military troops in the time of Tamil tiger war …
Sri Lanka’s real estate boom and property market outlook
Feb 09, 2015 (LBO) – Sri Lanka’s online property hunters seek houses than apartments despite the luxury apartment segment having a short term …
Sri Lanka Port Authority calls for private investments to build port city
(07, Aug, 2014 LBR) – – Sri Lanka’s port city to be built on reclaimed sea will be financed with private capital and investors would be free …
Sri Lanka gives sweeping tax breaks for project on acquired land
July 28, 2014 (LBO) – Sri Lanka has proposed sweeping tax breaks for a controversial project where lands of private citizens were taken over for a …
Sri Lanka online property site launched by Germany’s Rocket Internet
May 20, 2014 (LBO) – Lamudi, an online property and real estate portal started by German based Rocket Internet which focuses on emerging markets has …
India’s TATA Housing starts US$400mn Sri Lanka property project
May 13, 2014 (LBO) – India’s TATA Housing has started a 400 million US dollar mixed development in Colombo with state-run Urban Development …
Krrish given three months to pay for Sri Lanka land
May 13, 2014 (LBO) – India’s Krrish which has been given city centre land in Sri Lanka’s capital Colombo is expected to settle its balance …
Sri Lanka Telecom seeks investors to develop property
May 8, 2014 (LBO) – Sri Lanka Telecom Plc, the island’s only wireline operator said, it was looking for local and foreign investors jointly develop …
Sri Lanka Telecom to develop property holdings
Mar 19, 2014 (LBO) – Sri Lanka Telecom group said it had set up a separate company to develop its “extensive property portfolio” around the …
Sri Lanka Lee Hedges in US$9mn office complex
Mar 11, 2015 (LBO) – Lee Hedges Plc, a unit of Sri Lanka’s Pioneer group of companies will build a 1.2 billion rupee, 15-floor office complex, the …
Sri Lanka’s Equity One Plc sells property
Feb 27, 2014 (LBO) – Equity One Plc, a unit of Sri Lanka’s Carson Cumberbatch group said it sold a six acre land in a suburb south of Colombo for …