The new property is located in three locations that have proven to be in high demand, both as commercial property and as residential plots.
With a long-standing reputation of breaking records and constructing properties with innovative and cutting-edge technology and revolutionary concepts in the real estate industry, Homelands Skyline (Pvt.) Ltd. expects to develop these lands into yet another modern architectural paradise.
The real estate market has seen a massive impact from the COVID – 19 pandemic and we are doing our part by procuring land to drive real estate forward in the midst of the pandemic and to see continued growth of the real estate sector.
Moreover, this project fits well with our strategy of deepening our presence across the country's leading real estate markets.” the company said
The property located in Negambo consists of 17 acres in a prime location in a highly residential area with close proximity to the city.
The new property is facing the Baseline Road – Negambo and is proposed to be developed into 384 architecturally designed houses and apartments.
Meanwhile, the company is hoping to develop the 50 acres of land purchased in Megoda, which is facing the High level road, into a middle-level apartment and housing project with a host of amenities.
These apartments and houses are proposed to be priced at less than Rs. 10 million.
The new property comprises of 18 acres of land which was purchased in Piliyandala – Kahathuduwa adjoining the Canterbury Golf Resort Apartments project.
This proposed project is the new wing of the Canterbury Golf Resort Apartments project and will include 177 villas and 264 golf view apartments.
All three properties are located in extremely well developed social and civic infrastructure with multiple schools, hospitals, retail, residential, and commercial spaces in close proximity.
Picture caption : Mr Nalin Herath - Chairman - Homelands Holdings.