Sri Lanka launches retirement living with Catalina Villas
Jan 31, 2018 (LBO) – Granite Capital announced the launch of Catalina Koggala, a first-of-its-kind residential community villa development targeting the …
Real Estate & Construction
Sri Lanka to be build a “Dream World” at Waters Edge, Battramulla
Jan 29, 2018 (LBO) – Sri Lanka’s Urban Development Authority’s Waters Edge, together with Melchers Project Management Pte Ltd will build a …
CHEC to kick off Port City project with billion dollar towers : Minister
Jan 26, 2018 (LBO) – Sri Lanka government has signed two Memorandums of Understanding with China Harbour Engineering Company (CHEC) to facilitate …
Piliyandala – from 15th century transit point to Colombo’s main transport hub
By Lanka Property Web Piliyandala, a popular suburb is located 18 KM south from Colombo. It ranks among the top suburbs in the western province due to …
2018 budget vs foreigners from buying property in Sri Lanka
The highly anticipated 2018 budget of the Sri Lankan Government concluded recently with a number of surprises that were not seen in budget proposals in the …
Port City legislation to Parliament by March, Work on three towers to commence
Jan 03, 2018 (LBO) – Sri Lanka’s Port City legislation would be brought before Parliament by March while construction on the first permanent buildings are …
Sri Lanka govt approves USD 1Bn financial city complex
Dec 21, 2017 (LBO) – The cabinet of ministers has given the go ahead to sign a Memorandum of Understanding (MOU) with CHEC Port City Colombo to develop …
Kandy tourism and property to benefit from new highway
By Lanka Property Web Kandy, located in the central province of Sri Lanka was the last kingdom of the Sri Lankan monarchy. The name Kandy is derived from the …
Talking Resilient Infrastructure – Sharing and Learning Best Practices from the Region
Two delegations representing Sri Lanka from the Ministry of Megapolis and Western Development and Ministry of Mahaweli Development and Environment took part in …
Colombo sees no slowdown of Apartments coming up: Report
Dec 11, 2017 (LBO) – There has been an increase in the number of apartment projects in Colombo and Greater Colombo areas, according to data compiled by …
Sri Lanka’s suburban land market promising, Kotte fetches high prices: RIU
Nov 28, 2017 (LBO) – The overall prospects for the suburban land market beyond prime Colombo looks very promising as capital Colombo’s land prices …
Sri Lanka’s Orion City Towers declared open for bookings
(PRESS RELEASE) – The Orion City Towers complex is now open for bookings. Custom designed to suit the dreams and needs of a modern business and the first …
North Central Province has the most affordable land prices
By LankaPropertyWeb.com According to the Land Affordability Index compiled by the leading property website LankaPropertyWeb.com, which compares the land prices …
ONYX Hospitality Group to launch Amari hotel in Colombo, Sri Lanka
Nov 20, 2017 (LBO) – Thailand’s ONYX Hospitality Group, a hotel management company will launch a brand-new Amari hotel in the Sri Lankan capital …
Capital TRUST Residencies crowned Best Condo Sri Lanka at Asia Property Awards
(PRESS RELEASE) – Capital Trust Residencies (Pvt) Ltd clinched the prestigious awards for the Best Condominium Development (Sri Lanka), Best Condominium …
Blue Ocean Group crowned Lanka’s Best Developer at Asia Property Awards 2017
(PRESS RELEASE) – Sri Lankan real-estate and construction giant, the Blue Ocean Group was aptly recognized as the country’s finest at the Asia …
Colombo district land price index up 12.6-pct in 1H 2017: CBSL
Nov 10, 2017 (LBO) – Sri Lanka’s Central Bank says that on yearly basis Land Price Index for the period ending June 2017 has increased 12.6 percent, …
Railway development, viable alternative to costly Central Expressway
Nov 08, 2017 (LBO) – Sri Lanka’s transport sector experts questioned the need for an expensive four lane expressway with interchanges which will create its …
Sri Lanka’s John Keells Holdings second quarter net edge down
Nov 06, 2017 (LBO) – Profits at Sri Lanka’s diversified John Keells Holdings edged down in the September quarter amid higher sales costs and lower profits …
D.P. Jayasinghe unveils Sri Lanka’s first-ever 3000mm diameter drilling rig
(PRESS RELEASE) – D.P. Jayasinghe Piling Co. (Pvt) Limited, one of the leading companies in the field of construction, and piling in Sri Lanka, unveiled …