Real Estate

ComBank and Capital Trust Properties Partner to Simplify Homeownership

The Commercial Bank of Ceylon has partnered with Capital Trust Properties, a leading real estate brokerage firm, to provide enhanced home-buying opportunities for.

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Real Estate

VIMAN Ja-Ela Achieves Rs. 4.2 Bn Sales Before Construction

John Keells Properties has achieved an impressive Rs 4.2 billion in sales for its VIMAN Ja-Ela apartments before construction even began on August.

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Industry Analysis

DFCC Bank Partners with Home Lands Skyline to Revamp Housing Loans

DFCC Bank has announced an exclusive partnership with Home Lands Skyline (Private) Limited, aiming to transform the housing loan sector. The collaboration, formalized.

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Real Estate

Inconsistent Policies Hinder Sri Lanka’s Real Estate Recovery, Warn Industry Leaders

Sri Lanka’s real estate and construction sectors are showing signs of recovery, but challenges persist due to inconsistent policies and high taxation, according.

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Real Estate

RIUNIT Unveils “Asia’s Real Estate Opportunity of the Century” at Port City Launch Event

The Research Intelligence Unit (RIUNIT), an international research and consulting firm with its Asia headquarters in Colombo, successfully launched its latest initiative, “Asia’s.

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Business

Sri Lankan Land Market Sees Increased Demand and Price Growth

The Sri Lankan land market has experienced significant interest, with bare land being the most sought-after, representing 46% of the market. Land prices.

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Real Estate

Sri Lanka Creates Land Management Trust to Streamline Investment

The Sri Lankan Cabinet of Ministers has approved the establishment of a Land Management Trust to address longstanding challenges in utilizing government-owned land.

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Industry Analysis Real Estate

Signs of Recovery in Sri Lanka’s Construction Sector

Sri Lanka’s construction industry appears to be showing initial signs of recovery, according to the January 2024 Purchasing Managers’ Index (PMI) for Construction..

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Real Estate

Colombo Port City Economic Commission Grants Authorized Persons License to Leading Sri Lankan Banks

In a significant development for the Colombo Port City Special Economic Zone (SEZ), the Colombo Port City Economic Commission has issued Authorized Persons.

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Real Estate

Navigating the Evolving Landscape of Construction Costs in Sri Lanka: Insights for Homeowners

In the dynamic world of construction in Sri Lanka, the year 2024 unveils significant shifts in cost considerations for building houses. Despite facing.

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