In the dynamic world of construction in Sri Lanka, the year 2024 unveils significant shifts in cost considerations for building houses. Despite facing unprecedented challenges, the sector is witnessing a positive transformation marked by controlled inflation and eased import restrictions. The trajectory of construction costs, which surged in mid-2022, underwent a notable change in 2023.

Deputy Managing Director of CHEC Port City Colombo, Thulci Aluwihare, recently met with the Deputy High Commissioner of Sri Lanka in Southern India, Dr. D. Venkateshwaran, and Minister of Commerce of the Deputy High Commission, G. L. Gnanatheva, on December 15, 2023. The focus of their meeting was on the significance of attracting investments from

The Research Intelligence Unit (RIUNIT) has reported that Sri Lanka’s land prices have remained relatively flat, marking the current period as the least dynamic in its 21-year tracking history. Following the economic crisis, the anticipated rebound in land prices has been slower than initially projected, according to the specialized research firm focusing on the Sri