Deccan Aviation said Sri Lanka's Civil Aviation Authority and the Ministry of Defence have allowed private operators to establish eight locations in the city.
The operator said its helicopters will use Colts Cricket ground in Havelock Road.
Deccan Aviation operates helicopters and fixed wing aircraft which are used to carry high end passengers throughout the island.
"This is exactly what our clients have been asking for," Suren Mirchandani, vice chairman of Deccan Aviation said.
"While we have developed over 300 helipads throughout the island, this was the one we are most excited about.
Our thanks should go out to those in authority who made this decision."
Only Sri Lanka Air Force helicopters were allowed in to the city earlier due to civil war which ended in 2009. Private helicopters had to land in Ratmalana south of the city centre.
Deccan said it will add an amphibian aircraft to its fleet in the within three months.
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