TMC Colombo to host seminar on Condominium Property as Sri Lanka’s rapidly expanding apartment sector continues to raise new questions about ownership rights, property management, legal frameworks, and the responsibilities of stakeholders across the real estate ecosystem.
TMC Colombo to host seminar on Condominium Property for stakeholders
The event, organised by The Management Club Colombo, will take place on 24 March 2026 from 2.45 p.m. to 6.30 p.m. at the Mahogany Hall of the Cinnamon Grand Colombo. The seminar is designed to create a platform for dialogue among professionals and stakeholders who are directly involved in the development, management, financing, and ownership of condominium properties in Sri Lanka.
As the country’s urban landscape evolves, high-rise residential developments have become a prominent feature in major cities, particularly in Colombo. With the growth of condominium living, legal, regulatory, and operational challenges have become more complex, making industry dialogue increasingly necessary.
Against this backdrop, TMC Colombo to host seminar on Condominium Property to help stakeholders better understand the regulatory environment, construction-related concerns, and governance structures associated with condominium ownership. The seminar is expected to attract a diverse audience, including apartment owners, prospective buyers, property developers, legal professionals, architects, and representatives from financial institutions.
The program will feature an interactive panel discussion led by several experienced professionals from the legal, engineering, and architectural sectors. Among the key speakers is senior legal practitioner Ajithaa Edirimane, who specialises in condominium property law and has extensive experience advising on legal disputes and regulatory matters related to apartment developments.
Joining the discussion will be Rohana Bandara Herath, Immediate Past President of the Institute of Architects of Sri Lanka, whose expertise in architecture and urban development will provide insights into the planning and design challenges associated with high-density residential projects.
The panel will also include chartered professional engineer Elmo Fernando, a former project manager of the landmark Havelock City development. His experience in overseeing large-scale residential construction projects is expected to provide valuable perspectives on engineering standards, project management, and quality assurance in condominium developments.
Officials from the Urban Development Authority and the Condominium Management Authority are also expected to participate, contributing regulatory insights and addressing questions regarding compliance, registration procedures, and governance mechanisms within the condominium sector.
Industry observers note that the growth of condominium living has introduced a wide range of legal and operational issues, particularly in relation to ownership rights, common property management, and dispute resolution among residents. The seminar aims to address these concerns while helping stakeholders navigate the evolving regulatory landscape.
Another key focus of the event is to provide financial institutions with a clearer understanding of the legal implications involved in accepting condominium units as collateral. Banks and lending institutions often face complexities when dealing with properties that may be either registered or unregistered under condominium laws, which can complicate recovery processes in the event of loan defaults.
By facilitating discussions between industry experts and financial sector representatives, the event seeks to bridge knowledge gaps and encourage more transparent practices within the real estate financing ecosystem. This aspect is particularly relevant as condominium ownership continues to grow among Sri Lanka’s urban middle class.
The event where TMC Colombo to host seminar on Condominium Property also reflects a broader effort by professional organisations to encourage knowledge-sharing within the property sector. With rising demand for urban housing, developers are increasingly launching large-scale residential projects, making regulatory clarity and professional collaboration more important than ever.
Justice Shiranee Tilakawardena, former judge of the Supreme Court of Sri Lanka and currently a consultant to the Judges’ Institute, will attend the event as the Guest of Honour. Her participation underscores the legal significance of condominium property issues and the importance of strengthening institutional understanding of property law in Sri Lanka.
The main sponsor of the seminar is Capital Trust Properties Ltd., a prominent real estate firm involved in property development and investment in Sri Lanka. The company’s support highlights the private sector’s growing interest in promoting informed discussion around real estate governance and property management standards.
As Sri Lanka’s urbanisation continues, condominiums are expected to play a larger role in meeting housing demand, particularly in major metropolitan areas. However, industry experts note that sustainable growth in the sector will depend on stronger regulatory oversight, improved transparency, and better awareness among buyers and developers alike.
Events such as this seminar provide an opportunity for stakeholders to exchange perspectives and identify practical solutions to the challenges facing the sector. By bringing together legal professionals, architects, engineers, developers, and policymakers, the forum aims to promote a more coordinated approach to condominium development and management.
Ultimately, the initiative where TMC Colombo to host seminar on Condominium Property reflects the increasing importance of professional dialogue in ensuring that Sri Lanka’s rapidly expanding real estate sector develops in a structured, transparent, and sustainable manner.