Sri Lanka Real Estate

Trilliam Apartments, Colombo 08 - Mahogany Bedroom Set

2011-02-04T23:35:00.003+05:30

This particular elegant bedroom set is made out of Mahogany wood. Below are the details and specifications of the bedroom set.

72" x 75" Platform Bed with 4 Drawers on the base.
2 Bed Side tables with 2 drawers on each. (20" H x 15" W x 16" D")
Chest of Drawer with 3 full length drawers.
3 Door + 2 Door Wardrobes with drawers on the base.
Full length mirror with shelves

Location: Trillium Apartments
Furniture Design & Manufactured by : ALANKARA Gallery

Latest and modern furniture Designs by Alankara Gallery

2010-09-01T21:56:00.007+05:30

Below are the latest elegant and modern furniture, made by Alankara Gallery, an exclusive furniture manufacturer in Sri Lanka.

Teak Platform Bed

This bed is a 60" x 75" Platform bed made out of Sri Lankan Teak Wood.

This particular Platform Bed was made for an apartment in Monarch Residencies, Colombo 03, Sri Lanka.

Teak 4 Seater Dining Set

This particular Dining Table (42" D x 42" W x 30" H) is made for a luxury apartment in Havelock City, Colombo 06, Sri Lanka.

The four dining chairs were upholstered with beige color fabrics. This Dining set is ideal for a small apartment with a small family.

Multi Wood TV Stand

This TV Stand (72"W x 22" H x 16" D) is the latest elegant TV Stand made by Alankara Gallery. The main structure of the TV Stand is made of Teak Wood. The Front panel of Doors and the Drawers are made of few local woods.

Mara Wood
Burutha Wood
Teak Wood
Mahogany Wood

The tv stand does not contain any color stain. This is the natural look of the wood. This TV Stand was made for an apartment in Monarch Residencies, Colombo 03, Sri Lanka.

Suriyamara (Dark Wood) Sofa Set - The Newest Addition

2009-10-20T13:22:00.004+05:30

This is the Newest Addition to the Furniture Collection of Alankara Gallery, Sri Lanka.

The sofa set consist of 3+2+1 Seater and the 36" x 36" Coffee Table with a Glass in the middle is made of a local wood called "Suriyamara" in Sri Lanka.

The set is nicely fabricated with a beige color cushion covers to match a light color floor tiles.

This wooden sofa is available at:
Alankara Gallery
No. 236, De Zoysa Road,
Moratumulla,
Sri Lanka.

Visit Web: www.alankaragallery.com

Sri Lanka Furniture - The Latest Trend in Wooden Furniture

2009-08-24T08:28:00.003+05:30

Is this just a photo or a real bed? Well it is real!! Yes, the newest Furniture Store in Town can make any model to the exact specification as the original photograph. It's none other than A L A N K A R A Gallery, Moratuwa.

Check out their web site: www.alankaragallery.com

There are many many new models done by this furniture store which you cannot find in any Local Store in Sri Lanka. Rustic, Contemporary, Modern, Antique or just simple styles... you name it, they can make it!

It's the best store for Furniture in Sri lanka.

Golden Sunset Resort Kalutara

2009-02-26T07:06:00.002+05:30

Golden Sunset Resort in Kalutara Srilanka promises a magical holiday by the Beach with Sun and Fun!

Room Facilities
-----------------------------

:: Air-conditioned modern rooms and cabanas
:: Balcony with a view of the sea / garden
:: Attached baths with hot and cold water
:: Piped music
:: Mini bar
:: Hairdryer
:: Safe
:: Telephone with IDD facility
:: Television with MATV facility
:: Radio

Hotel and Recreational Facilities
--------------------------------------------------------------

:: "Waves" main restaurant and the "C Green" a la carte restaurant
:: The "Blusz Bar" and pool bar
:: Beauty salon
:: Shopping arcade
:: Fully equipped conference hall
:: Conference and banquet facilities
:: 24hr room service
:: Laundry service

Hotel and Recreational Facilities
--------------------------------------------------------------

:: Outdoor swimming pool with a jacuzzi
:: Kiddies pool and playground
:: Fully equipped gymnasium
:: Sauna
:: Health centre for a relaxing massage
:: Floodlit tennis court
:: Squash court
:: Volley ball
:: Indoor games include - table tennis, pool table, monopoly, carom, draughts, darts and chess
:: Occasional evening entertainment

Luxury Apartments for Sale in Dehiwala - Brand New Star Residencies

2009-01-27T05:59:00.004+05:30

Star Residencies is a Luxury Apartment project located at Inner Fairline Road, Dehiwala, Sri Lanka. And Yep!! You can buy apartments from Rs. 5 Million from the Star Residencies.

Main Features and Facilities

Car Park in Ground floor
Lift Facility for all floors
Stand by Generator
Tiled kitchen work top
Imported Bathroom fitting with PVC doors, wall tile, floor tile
Solid timber doors for External Doors
Plywood doors for internal Doors
Rust proofed powder coated aluminum windows
Fan, Tube lights for each room
A/C for master bed room and provision for other bed room(s)
Hot water Geyser For one bath room
Fully glazed tile for floors
Roof top for normal internal parties
Individual Electricity, water meters
24 Hours security service
Intercom facility for each unit with security

For more details, visit the Star Residencies Web Site

Dubai Real Estate - A Review on Dubai Property Market

2009-01-22T09:11:00.002+05:30

As far as regions of the globe is concerned, Dubai region is now considered to be the fastest growing economy in the world, with an international reputation as a fast moving, dynamic and vibrant place to do business and reside. at present population of Dubai is 1.4m and it will increase to an estimated 2.5m by 2010.The government es expecting the growth especially due to the fact that growth coming from expatriate professionals relocating to Dubai City and surrounding areas like Umm Al Quwain.

Development activities carried out in last five years, Dubai City has gone from a fashionable holiday destination to twenty-first century city and becoming one of the worlds’s great trading hub as well.

Considering the real estate market in Dubai, it is rapidly growing due to many reasons such as predicted solid economic growth, economic success is fueling a property boom across the region, Property values in region are expected to soar over the next few years, becoming world-class trade and business centre, Ideally located to serve the Tiger economies of the Far East and so on.

Apart from that, the exceptional achievement of central Dubai is putting pressure on the overall property market and is cheering city professionals and international tourists to reside outside the main city.

If you're planning to buy properties in Dubai region you may also consider the the following options.

White Bay, Umm Al Quwain.- Beachside Apartment

This provides you 264 luxury apartments which is designed for executive suites with one, two or three bed room units. You can have any of these suites just with small deposit and accretive payment plan. A cosmopolitan environment and up market waterfront development, attractive beaches with marina and leisure facilities are some of it attractiveness.

The bridge - Dubai Sport city

This iconic property with 28 story development specially designed from award wining world best wining architects with state -of -the art facilities, fashionable interior design and is available with fully managed top class property letting agent.

The Diamond

Located near Dubai Sports city having with 128 luxury apartments is available for you. World class interior design, pool and spa, awesome view of Dubai Sports City are few of it attractions.

Dawson Grand Apartments - Colombo Sri Lanka

2009-01-09T16:00:00.003+05:30

Zurich, Switzerland, have announced as the best place to live in the world by the Mercer Consultant’s annual roundup in 2008.When it comes to Sri Lanka there is no doubt to say that Dawson Grand situated in the hart of Colombo 2, is the best.

Dawson Grand is of twin towering going up to 42 floors with 178 super luxury apartment complex surrounded with panoramic views, exciting destinations, shopping and many more with residential neighborhoods. For these luxury apartments, they have introduced value-enhancing facilities and features where any other residential complex not yet implemented in Sri Lanka.

Facilities

Everyone with an eye to excellence in house building and lifestyle enhancement will make their way to Dawson Grand. Dawson Grand offers you world class amenities including unsurpassed swimming pool, most excellent play ground where you and your family can play, well equipped fitness center, squash court which will give you distinctive standard of living, ideal mini mart, most outstanding beauty saloon in the city, admirable restaurant where you can gather and feel diverse foodstuff and conscientious clinic.

Features

The novel concepts of Dawson Grand provide you most outstanding features in the new millennium. These novel concepts include high tech system of color video door phones, excellent fire alarm system for each and every housing unit and so on and together with cleaning system and security & economic system. The far excellent cleaning system will take care of air condition, water supply system, rain shower instrument and whirl pool bath tub while security & economic system concern about CCTV system, self defense system, vehicle access control system, insulation of sound proof material and digital door lock.

Other than these features wealthy interior is backed by gallery style art walls designed with natural marble & ornamental that added value to glamour of your life, marble style entrance that make you feel comfortable and proud whenever you come home, nature-friendly and multi-purpose luxurious balcony and excellent sound proof system to protect your privacy and comfortable atmosphere.

Therefore we recommended that to be a true world class Sri Lankan the best place to live is Dawson Grand in Colombo.

Visit Dawson Grand Web Site

Luxury Condominium Apartments in Colombo – Spathodea Residencies

2009-01-03T06:34:00.001+05:30

Well.... I feel a bit lucky to write an article about Spathodea Residences, as I have seen it from the very beginning to the present condition.

Spathodea Residences is situated at Colombo 05, right between the “Thimbirigasyaya Traffic Lights” and “Havelock Town Traffic Lights”, along the HighLevel Road. Few years back it it was a Huge Land with a Restaurant. But now, in 2009, the Place is fully covered with a Giant Condominium Apartment complex. YEP! That's Spathodea Residencies.

The 6 floor apartment complex has six different apartment types with different unique floor plans and features.
Also there are 48 total Apartments waiting to give life to 48 families!

Spathodea Residencies project is owned by HATTON NATIONAL BANK (HNB) of SRI LANA, a leading private commercial bank. The Developer of the project is “Sithma Development (Pvt) Ltd”, a fully fully owned subsidiary of HNB.

Six different luxurious apartments to choose from.

Type A – 1630 sq. ft.
Type B – 1100 sq. ft.
Type C – 1650sq. ft.
Type D – 1800 sq. ft.
Type E – 1015 sq. ft.
Type F – 1665 sq. ft.

Location

Spathodea Residencies is located in the heart of Colombo 5 and the major I personally recommend that it's the best location to reach all the amenities within few minutes. All the major Schools are few meters and kilo meters away. Also Banks, Super Markets, Major Office Complexes, Restaurants, Hospitals, Religious places of worship, Sports Grounds and Shopping Malls are accessible with a few minutes drive.

Features at a Glance

Air conditioning in all bedrooms, living and dining areas.
Living and dining areas finished with polished porcelain tiles. Bedrooms finished with porcelain
floor tiles and bathrooms in ceramic floor tiles.
Skirting-teak timber polished.
Fitted pantry.
Drying yard.
Gas oven with hood.
Centralised gas distribution system.
Phone cable and terrestrial TV wiring.
Prime power generators.
Intercom system.
CCTV system.
Covered parking and visitors parking.
Gymnasium and entertainment area at roof top.
Rooftop swimming pool.
Jogging track.
BBQ corner.
Children’s play area.
Access for the disabled.
Maintenance under the supervision of the developer.

Please visit the Spathodea Web Site for more information

Sri Lanka Furniture – Pramukha WoodCraft

2008-12-23T11:55:00.002+05:30

When it comes to Real Estate, Housing and construction and living, there is one section that cannot be forgotten and it has become a major part in decorating as well as main structures. Its Wood Crafting & Furniture. Wood Crafting is a leading industry in Sri Lanka for decades and still it is a very interesting and a profitable business. When it comes to the country’s wood crafting industry, there is one major City which is very much famous and popular for wood crafts and wooden furniture. It is none other than “Moratuwa”. Moratuwa is located 20 km south to Colombo along the coastal line main road, “Galle Road”.

Nearly 60%-70% of people living on Moratuwa are in to wood crafting and furniture and it has become the major living method for the people for decades. In many sub cities like “Moratumulla”, “Willorawatta”, “Indibedda”, almost every shop on road side is a furniture shop. People in moratuwa not only make furniture, but they also distribute them island wide. Even people from northern areas use to come to moratuwa and buy large scale furniture in order to sell in their own areas. As the major sub city “Moratumulla”, which is about 3 km away from the “Rawatawatta Junction, Galle Road”, it is still full of potential buyers on weekends. In Moratumulla Junction there is one particular furniture store that caters most of the people’s furniture requirements with a wide range of products. And it is more suitable if I call that shop a “State-of-the-art furniture store”. The store seems to be thinking out of the box and making modern but elegant furniture which amuses people with their first sight. It’s Pramukha WoodCraft, Moratumulla. Below is the main range of their product line.

Visit Pramukha WoodCraft Web

Christmas Card

2008-12-20T11:18:00.005+05:30

Here's a Christmas card from me to all my visitors....

HAPPY HOLIDAYS!!!!

MERRY CHRISTMAS AND A HAPPY NEW YEAR!!

May all your dreams come true and all the best!!!!

Colombo Sri Lanka Luxury Condominium Apartments

2008-12-18T05:39:00.002+05:30

Yep.... as we speak, many condominium apartments are coming up in Colombo sky and everyone in the real estate industry including Real Estate Agents seem to be very interested in those as there is a demand coming from Sri Lankan Expatriates for Apartments in Colombo. However all the major apartments are above Rs. 20 Million ($ 200,000). As the commission / brokerage is high (3%) and the apartments are now on demand, the Real Estate Agents in Colombo, Sri Lanka seem to be showing a big interest.

Also if you consider the major Online Real Estate Player in Sri Lanka, Bhoomi.lk is carrying a vast number of Apartments for Sale and Lease in Colombo city, advertised by both Owners and Brokers.

Below are the major Condominium Apartments coming up in Colombo Sky.

The Monarch Apartments @ Crescat City
The Emperor Apartments @ Crescat City
Celestial Residencies Colombo 03
Ocean Edge Apartments
Havelock City Colombo 05
The Empire Colombo 02
Iceland Apartments Colombo 03
Trillium Residencies Colombo 08
Benison Residencies Colombo 09
The Dawson Grand Luxury Apartments Colombo 03

Apart from the above major Condominium Apartment Projects there are a plenty of small scale apartments are also available and coming up in Colombo as the country seems to be getting better economically.

Colombo Hotels Sri Lanka

2008-12-14T15:41:00.005+05:30

When it comes to Sri Lanka Real Estate, the Hospitality Industry cannot be forgotten. More or less, tourism has become a part of the Real Estate Industry in Sri Lanka.

Considering the Tourism industry in Sri Lanka, there’s a particular list of Hotels that are having a major impact or a share on the total industry, which mainly provides luxury accommodation to tourists coming from Europe, America who specially seek luxurious dining and accommodation with an urban feeling. Now there are a list of Hotels in Colombo that comes in to the picture, which are giving most of the contribution towards the Tourism industry as well as the GDP (gross domestic production).

Here is the list of Luxury Start Hotels in Colombo and suburbs Sri Lanka which in operation for decades winning the hearts of Western Tourists as well as the locals & expatriates.

Hilton Colombo 01
Galadari Hotel Colombo 01
Galle Face Hotel Colombo 03
Taj Samudra Hotel Colombo 03
Cinnamon Grand Hotel (former Oberoi Hotel) Colombo 03
Jaic Hilton Tower Colombo 02
Ceylon Continental Hotel Colombo 01
Grand Oriental Hotel (GOH) Colombo Fort
Colombo City Hotel
Renuka Hotel Colombo 03
Global Towers Colombo 06
Holiday Inn Colombo 03
Hotel Sapphire Colombo 06
Trans Asia Hotel Colombo 01

All the above hotels are having their own web sites so if you need any additional information on the above hotels, simply search with the name.

Bhoomi.lk - The Leader of the Online Sri Lankan Real Estate Market

2008-12-14T14:59:00.003+05:30

Best Reality Services at your fingertips!

Bhoomi is a web portal owned by E-Solutions Lanka (Pvt) Ltd, based in Colombo Sri Lanka. Bhoomi provides 100% free real estate advertising for Sri Lankans, Expats and foreigners who’re interested in Sri Lanka Real Estate.

Bhoomi.lk project was started in 2006 March and the web site went online with 50 free advertisements. By December 2008, after nearly three years, Bhoomi.lk now has 5000+ Free advertisements online and apparently it has become the # 1 Web portal for Sri Lanka Real Estate with over 5 Million (5,000,000) hits per month.

Even though the Sri Lankan Real Estate market is down at the moment, due to the ongoing war, the demand for Commercial Properties in Colombo is still high and the prices are going up almost everyday. Even though there is a lack of investments in the country, the Colombo Real Estate market seems to be booming day by day.

As Bhoomi.lk has provided 100% free advertising of Sri Lankan Properties and related services such as “Web Directory”, where the service providers can also list their selves for free, everyone in the industry seem to be gathering around the web portal to fulfill their requirements.

Now that Bhoomi has implemented new “paid advertisements” policy, where the paid ads are getting the prominence on the site, most of the major players in the industry such as “CT Properties”, “Perth Paradise”, “Wimbledon Court” have already started to advertise with the Banners on Bhoomi.

Visit Bhoomi Web

New Heaven Residences – Luxury Houses from TFC Homes

2008-11-28T06:12:00.003+05:30

New Heaven Residencies – The art of luxury living..

Another luxury housing project by TFC Homes in Sri Lanka. Project is located at “Boralesgamuwa”, a town that is close to the cit of Colombo. Located within few minutes access from the Boralesgamuwa town, “New Heaven Residencies” consists of 15 luxury houses spread over 175 perch land extent.

The major advantage the project offers is a chance to live within city limits of Colombo allowing easy access to the CAPITAL of Sri Lanka, which is fast growing.

These luxury architect designed houses are designed by Nela De Soyza Design Corporation, a reputated award winning player in the industry. Each house has been built on a land extent ranging from 8 – 12 perches and the houses are built on 2,350 sqft upwards. New Heaven Residencies offers you houses with 3 – 4 Bedrooms from Rs. 19 Million upwards to make sure that everyone can afford a house according to their budget.

New Heaven Residences House Types

Serene
Divine
Cherish
Enrich

Payment Plan offered by TFC Homes

TFC Homes offers yo a flexible payment plan for the people making sure that everyone can easily afford a house at New Heaven Residences at Boralesgamuwa.

Reservation – Rs. 1 Million
Within 30 days of Reservation – Rs. 2.5 Million
Within 90 days of Reservation – 15% of Selling Price
Within 150 days of Reservation – 15% of Selling Price
Within 210 days of Reservation – 15% of Selling Price
Within 270 days of Reservation – 15% of Selling Price
Balance before the handover of the House

TFC Homes' New Heaven Residencies promise you the privileged of your dream home without going through any trouble of constructing a house. Living in “New Heaven Residencies” will definitely promise you a life in a Heaven.....

Visit TFC Homes Web

Negombo Sri Lanka – Luxury Houses for Sale

2008-11-18T15:03:00.006+05:30

Continental Residencies - Negombo

Negombo is one of the major tourist destinations in Sri Lanka which is 30 Kms far from the Capital Colombo. It is few kilometers away from the international airport in Sri Lanka. Negombo is very much popular among the expatriates and the foreigners as below hotels and resorts are in operation in the area with quality hospitality.

Ayuveda Pavilion
Blue Oceanic Hotel
Browns Beach Hotel
Camelot Beach Hotel
Club Hotel Dolphin
Club Palm Bay
Golden Star Beach Hotel
Goldi Sands Hotel
Palm Village Hotel
Ranweli Holiday Village
Seashells Hotel
Silva’s Beach Hotel
Sunflower Beach Hotel
Sunset Beach Hotel
The Beach Hotel
Topaz Beach Hotel

As the city gets busy with the potential foreigners and the expatriates, the real estate market in the area has gone really up and everyone’s keen on buying houses and lands in Negombo as it truly is an investment for future.

As the situation of the Real estate market in Negombo becomes a major factor in the Sri Lanka Real Estate industry, F & G Property Developers (Pvt) Ltd. comes in to the picture with a luxury housing project which consists of seven house types making sure everyone can afford houses in the project.

Continental Residencies is located within the Negombo city itself and close to all amenities. As you get all the facilities Banks, National Schools, International Schools, Super Markets, Railway Station, Central Bus Station etc, living in Negombo will make you feel like living in heaven.

With the beach with golden sands close by, Continental Residencies helps you to relax and enjoy your holidays without getting far from home. Negombo Beach is a very happening place on weekends… with party lovers and it will make sure that that your boring weekends are no more.

House Types

Prince – 2521 Sq Ft
Citadel – 2376 Sq Ft
Regency – 2862 Sq Ft
Queens – 2443 Sq Ft
Emperor – 2384 Sq Ft
Cardinal – 2872 Sq Ft
Arena – 2343 Sq Ft

Facilities promised by F & G Continental Residencies

Country Style Club House
Swimming Pool
Gymnasium
Tennis Court
Indoor Sports
Mini Super Market
Jogging Tracks
Kiddies Playground
24 Hour Security

F & G also offers a very flexible payment plan for buyers to make sure that it won’t be a hassle for living while paying. It is even easier as they also arrange bank loan facilities to customers.

If you’re looking for a life in paradise with an eco friendly neighborhood, you can check out the house at Continental Residencies in the heart of the Negombo, one of the best cities for Beach Hotels in Sri Lanka.

Visit Continental Residencies Web

Victoria Range - Luxury Houses and Holiday Bungalows

2008-11-12T06:02:00.008+05:30

Make your dream home a REALITY!

Victoria Range is the latest project from Nivasie Developers, that offers you a range of Luxury Holiday Bungalows and luxury homes to choose from. If you wanna live in the blissful country side of Kandy, and breathe the most fresh air in the country, it's the place you must choose. Situated in "Digana", Kandy, living in the Victoria Range will make you feel prestigious as the area has an ancient value.

The Victoria Range Luxury Bungalows and modern houses project is very special comparing t others in the country as the whole project is surrounded by a green forest and a range of hills. This is really ideal for the senior citizens who're looking to live a peaceful calm life in the wild... with fresh air and the nature's scenic beauty.

Victoria Range is mainly consists of 3 luxury Holiday Bungalow types.

Ebony

Ebony is a luxury 4 Br bungalow type with the below features.

2035 Sqft
Fully Tiled House
Living / Dinning
4 Bedrooms
Pantry
3 Attached Toilets
Maid Room & Toilet
Lobby
Pond
Courtyard
Car Porch
Family Living
Spacious Landscaped Garden

Tamarind

Tamarind is a luxury 3Br Holiday Bungalow type with below features.

1500 Sqft
Fully Tiled House
Living / Dinning
3 Bedrooms
Pantry
Verandah
Etrance Lounge
Utility
2 Attached Toilets
Maid Room & Toilet
Spacious Landscaped Garden
Parking Facility

Indica

Indica is a 2Br luxury Holiday Bungalow type with below features.

970 Sqft
Living / Dinning
Pantry
Verandah
2 Bedrooms
2 Bathrooms
Maid Toilets
Parking Facility
Spacious Landscaped Garden

Infrastructure

Well laid out Road Network.
Environmental Friendly & Best quality materials.
You can enjoy the serenity of 3 ponds which will definitely sooth your body and mind after a busy day.
Gymnasium.
Play Ground etc.,

Exclusive Facilities

A secured exclusive neighbourhood with 24 hour security.
Exclusive Swimming Pool & Club House.
Jogging Track through a wooded reserve.
Children’s Play Ground and Parks.
Mini Market

Nivasie Developers also offers you a payment plan to make sure that you can easily afford a luxury bungalow at the Victoria Range. Their "Short Term Payment Plan" allows you to paly 10% down payment of the total value first. Another 10% from the total value within 30 days of the 1st payment. Another 10% within 60 days of 1st payment. And the balance 70% can be paid in equal 9 months installments.

Their "Long Term Payment Plan" offers up to a 30 year repayment schedule by obtaining facilities from many state and private sector banks. The loan facilities will be arranged by the friendly Nivasie staff at your service to make sure that you do not have to go through hassles. Everything will be taken care of.

Visit Victoria Range for additional information.

Iceland Recidencies - Luxury Condos

2008-11-07T05:28:00.005+05:30

Luxury high rise condominium in the heart of Colombo. Situated in between Colombo 03 and Colombo 02, Iceland Residencies claims to be the best located apartment complex in town. It is located among the Crescat Monarch Apartments & Cinnamon Grand Hotel from South, Indian Embassy and the Galle Face Hotel from the West, Taj Samudra Hotel from the North with the Holiday Inn and the Slave Island Railway Station from theEast!

Isn't it the Best Locatioin in town? I guess the Best Location award mst go to Iceland Recidencies.!!!

The Condominium complex has been built according to the State-of-the-art engineering, architecture, technology and standards. You will automatically experience a blissful sensation as you enter the complex

Facilities

Swimming Pool
Children's Pool
Squash Court
Walking Track
Gaming Room
Sauna
Laundrette
Salon
Jacuzzi
Fully equipped Gym
Children's Play Area
Restaurant & Bar
Function Room
Convenience Store
Video Centre

Other Facilities offered by Iceland Residencies

3 Elevator sfor residents
Central Gas supply system
Standby generator
1 Service elevator
Free protection & direction system
Changing & Meal room for drivers & maids

Security

3 Tier Secrity System
Security Guard for 24 hours
CCTV & Intercom System
All residents access access through electronic card
Electronic Security System

Visit Iceland Web

Country Homes

2008-11-04T05:52:00.006+05:30

Country Homes, Battaramulla Luxurious Modern Houses at Eco-Friendly Surroundings!

Another luxurious modern housing project from F&G Property Developers, a member of the Ceylinco Consolidated. Located at the heart of Thalahena, Battaramulla, which is almost similar to the capital in Sri Lanka.

What are the requirements for you to start your life at a new house? Are those Prestige, Luxury, Respectable Neighborhood, picturesque surroundings with full of nature? Then "Country Homes" is the ideal place to begin to make your dreams come true.

F & G Property Developers also offer an opportunity to win a Brand New Luxury BMW Car. The basic requirement is, owning a Luxury & prestigious Country Home.

House Types

There are 8 different house types to choose from.

Sunset Villa - 4BR
Lavender - 4BR
Windy Park - 4BR
Summer Breeze - 4BR
Madison - 3BR
Birds Rest - 2BR
Meadow Park - 3BR
Petal Path - 4BR

Facilities

Swimming Pool
Gymnasium
Club House
Mini Market
Children's Playground etc..

F&G also offers a payment plan for interested buyers so that they could easily afford the luxury houses @ Country Homes.

Visit Country Homes Web

Wood Grove Villas

2008-11-03T20:21:00.005+05:30

Wood Grove Villas, Malabe - A Project by F & G Property Developers

Wood Grove Villas is another unique and luxury housing project done by F&G in Malabe, a city which is fast developing. And GUESS WHAT!! Wood Grove Villas offers you a range of House Plans to choose from. Yes, there are 11 types of Luxury House types.

Evan the city Malabe is one of the best cities with a very good township to live with and F & G has selected the best location in the town for the Wood Groove Villas project. And it is one of the major cities that has easy access to the city of Colombo, the Capital of Sri Lanka.

As the Wood Groove Villas comes handy with all the amenities nearby and a lovely nature, it's the most ideal place in Malabe to live with peace of mind..

The Devoloper, F & G is a member of Ceylinco Consolidated, which is known as the Largets Business Empire of Sri Lanka.

Visit F&G Web

Luxury Township

2008-10-31T09:17:00.002+05:30

CT Gardens – Piliyandala offers you state-of-the-art living with a modern and luxury neighborhood. The project is owned by the CT Properties in Sri Lanka. CT Properties promise the maximum satisfaction for all their buyers as the project is well planned and will be maintained to its maximum standards.

If you’d like to be awaken to a gentle birdcall in the morning, CT Gardens, Piliyandala is the ideal place to start living. The housing scheme is surrounded by full of nature. And the famous Bolgoda River is close by. Also all the amenities such as Super Markets, Schools, Religious Temples and churches are nearby. Piliyandala is a city of courageous people and you can find anything you want within the town itself.

If you want to life a life with tranquility with the nature all around you, you’ve come to the perfect and ideal place to start your new life………. Yes… it’s non other than the CT Gardens, Piliyandala. The actual Situation is by the Wewala Road, which is about a half a kilometer from the Piliyandala Town.

House Types

Oak
Ebony
Willow
Palm
Maple
Cedar
Cypress
Elm

Facilities promised by the CT Garden

Swimming Pool
Tennis Court
Indoor Badminton Court
Indoor Games such as Table Tennis, Carom and Chess
Children’s Play Area
Convenient store
Restaurant
Fast food outlets
Jogging Track
Gymnasium
Function hall for wedding receptions, parties etc.

With the above facilities, it’s quite obvious that the living within the CT Gardens with a quality neighborhood will certainly make you feel like in HEAVEN!

More information: www.ctproperties.lk

Exclusivity at The Empire, an upcoming high rise apartment complex in Colombo 02, Sri Lanka.

2008-10-28T22:54:00.005+05:30

This is a great opportunity for investors who’re looking at Sri Lanka, as the country is gradually becoming a hot place to invest in Real Estate.

Empire Apartment Complex is managed by CT Property Management Company Limited, which is a subsidiary of Ceylon Theatres Limited.

The apartment complex consists of two towers named as “Tower A” and “Tower B”.

The Empire Apartment complex in the hart of Colombo consists of all the facilities and amenities one can have including:

Swimming Pool
Kids Pool
Gymnasium
Squash Courts
Pool Parlor
Club House Bar
Landscaped Terrace etc…

The Empire Apartment complex is the ideal place to have a classy living if you f

ancy a modern lifestyle in Colombo, Sri Lanka.

List of Sri Lankan Banks that offer Mortgage Loan Facilities

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These banks of Sri Lanka offer Loan facilities for Real Estate Purchasing. If you need to go to any particular bank's web site, please search for the bank name in Google.

Commercial Bank
Sampath Bank
Hatton National Bank
Seylan Bank
People's Bank
Hong kong & Shanghai Banking Corporation (HSBC)
National Savings Bank
Standard Chartered Bank
Mortgage Bank
NDB - National Development Bank
HDFC Bank
ADB - Asian Development Bank
ICICI Bank
Nation's Trust Bank

WIMBLEDON COURT - Dehiwala, Sri Lanka

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Wimbledon Court is an eight storey Apartment Complex accommodating 28 standard apartments with a penthouse consisting of living/dining area, 3 bedrooms with air conditioned master bedroom, 2 baths/toilets and a servants toilet. The floor area of a standard unit is approximately 1300 sq.ft. and the penthouse 2360 sq.ft. including a roof top terrace of 502 sq.ft. The Swimming pool is constructed on the roof top as a recreational facility during leisure.

The two blocks of building are connected by a spacious lobby area. The staircase with its unique shape offers a breathtaking view of the ocean and provides ample natural light and ventilation. The common lobbies with wall size glass panelling provide the facility of entertainment of guests in luxury and privacy.

Wimbledon Court offer the luxury of living in tranquil surroundings in a highly developed environmental friendly surrounding ensuring complete privacy for each apartment.

Facilities

The Apartments are innovatively designed to suit each individual taste and life style.

Spacious lounge area, one bedroom with air conditioning, 2 bedrooms with attached bath/toilets, a large lobby area free of disturbance from other occupants, balcony for each room ensuring complete individual privacy, terrace, a garbage chute and hot water systems for pantry and bathrooms are standard for each apartment.

All accessories used for fittings conform to international standards.

Wimbledon Court - Exclusive Residencies designed for the elite with exclusive tastes and life styles.

• The Complex boasts of eight stories accommodating 28 spacious luxury apartments and rooftop penthouse.

• Two Mitsubishi brand passenger elevators.

• Swimming Pool

• Gymnasium

• Spacious terraced area for leisure

• 24 hours security surveillance

• Fire/ burglar alarm systems

• Standby electricity generator

• Garbage disposal unit

Fairmount Apartments, Rajagiriya Sri Lanka.

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Unequalled views of wetland forests and streams and the Colombo skyline. Elegant architecture. Exceptional residences. Welcome to the new benchmark in fine living.

Within The Fairmount, you’ll find harmoniously proportioned spaces that are flooded with natural light and a keen attention to detail that goes beyond expectations.

Outside, you’ll find that you aren’t just close to the city; you’re also in the midst of a pristine country environment. So you can enjoy the best of both worlds.

The Fairmount offers you a special haven. Your own luxurious, private residence that blends the comfort, space, timeless design and fine finishes you’ve come to expect with all the conveniences of condominium living.
Facilities

Carefully thought-out amenities such as a spectacular roof-top swimming pool on the 31st floor with a recreation area overlooking miles of breathtaking views, a gymnasium in the 30th floor enhances your lifestyle beyond the privacy of your personal luxury home.

  Ü Roof Top Swimming Pool
  Ü Roof Top Recreation Area
  Ü Gymnasium
  Ü Lounge
  Ü Administrative Office
  Ü Central Control Room
  Ü Drivers’ Lounge
  Ü Stores

Perth Paradise - Horana

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Your dream of an ideal home is becoming a REALITY!

Houses from Rs. 2.2 Million and above!!! Reserve your house with a 20% payment!!
We would like to introduce ourselves as the proud developers of Perth Paradise, Horana, which is a self contained housing project located in Horana in an unspoilt serene environment of Kalutara, Rathnapura, Ingiriya and Panadura etc. Safe and Secure neighborhood is a growing concern these days due to increasing security threat level in the country.

A new highway being developed to connect these nerve centers with water supply schemes and efficient electrifications to Colombo serve these areas. Approximately 46 kilometers on the Horana – Rathnapura highway lies a world of incomparable beauty and a healthy ambience and a location where nature trekking, river bathing is possible. There are forests to explore with rocks and other sites to experience.

This is an ideal place for nature enthusiast. This town within a town has facilities including table tennis, Snooker, badminton and the proposed swimming pool, tennis court and gymnasium coming up for the residents of the township. Also, with the 24 hour security provided, tarred roads with street lights, daily garbage collection and maintenance adds up as icing on the cake. A club with indoor games such as carom, chess, table tennis & pool table is already opened for the residents.

This is a BOI approved project spread on 115 acres comprising of approximately 635 blocks for housing and commercial purpose. Around 100 families already enjoying the benefits of this neighborhood.

These affordable homes can be purchased for accommodation or on investment purposes as it is a lifetime investment. As a commitment, we are providing best houses at most economical cost, despite the sky rocketing real estate prices. With Colombo bursting from its seams and BOI developing 450 Acres of EPZ (Export Processing Zone), Horana has emerged as the most appropriate alternative. Looking ahead of time BOI identified “Perth Paradise” to cater to the residential needs of the people.

Housing & Construction Lanka (Pvt.) Ltd., developers of “Perth Paradise” said that this is the only township project of this extent currently being developed in the outskirts of Colombo with all the amenities. Housing & Construction Lanka (Pvt.) Ltd., is a subsidiary of Ansals, A multinational conglomerate who has worked relentlessly for decades, to help build a stronger nation. We have built townships, commercial complexes, shopping malls and farmlands. We have also created homes for thousands. From compact economy units to exclusive villas and residential colonies, we have created something for all – since everyone needs a place to live in.

Park Lane Residencies - Pallekele, Kandy - A Place like Heaven. It's a Dream you LIVE!

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Park Lane Residencies - Kandy offers you the heavenly living experience from Kandy with 25 luxury housing units. You can choose from 3 unique design houses with 3 bedroom, attach bathroom facility, which spreads over 1750sq.ft. The large balcony area gives you the beautiful watch over the Hunnasgiriya Mountain and just 700 meters will take you to Pallekele Junction. We invite you to this wonderful living experience at the most amazing serenities in Sri Lanka.

Houses available from US $ 74,000

PARK LANE RESIDENCIES - MOUNT LAVINIA, SRI LANKA.

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4 BR Luxury Houses - 23 Luxury Housing Project
Park lane Residencies is the finest Neighborhood living situated in the heart of Mt’ Lavinia. Which is modern luxury housing project conveniently located 5 minutes walking distance from the Galle Road on to the Chakinthrama Road.

The Location Is

On the Galle Road passing Mt, Lavinia Police Station 100m to Rathmalana side then turn into the Chakinthrama road (on Your left hand side), from the Galle rd only a 125 m walking distance.

:: Kumbuk Timber Flooring for entire 1st floor with all rooms.
:: Attached Bathrooms for all rooms with imported fittings ,Bath tab for master bed room & another main room.
:: Fully Air conditioned, whole house & Hot water for all Bathrooms with the pantry.
:: Fully Porcelain Tiled Living, Dinning ,and Pantry area,
:: Garage for two vehicles.
:: For All houses separate entrance to private roof top Garden
:: 24 hours security services,
:: Swimming Pool & the gymnasium.
:: 15 Feet parapet Wall covered by the entire housing project & entering from the main nice gate house.

Houses available from US $ 185,000

Luxury Houses for Sale in Sri Lanka - BANYAN VILLAS - BATTARAMULLA

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BANYAN VILLAS - BATTARAMULLA. This luxury house is available in just 5 minutes drive from Battaramulla and 20 minutes from Colombo city limits.

These 4 bed room house is Architecture by a most prestigious Architect firm called Design Group 5 International (DG5) and constructed by China Beijing Corporation under the supervision of Ceylinco Banyan Villas. Our house is built to the most modern standards and used recognized branded fittings. The 24 hour security is a feature of the house.

:: Sanitary fittings and accessories - Duravit - Germany
:: Tap fittings and Accessories v Kludi - Germany
:: Shower cubicles
:: Modern pantry
:: Imported porcelain tiles for floors and walls
:: Hot water
:: landscaped garden
:: Timber ceiling'
:: Decorative mahogany timber doors
:: Remote controlled garage door
:: 3 phase 30 amp electricity with underground cabling
:: Main water supply overhead tank and with an under ground sump which enhances the water storage
:: Roof top terrace
:: 24hr security with intercom facility
:: Separable Servants & Drivers room with a entrance
:: provision for parking an additional car
:: Free telephone
:: Additional pantry cum kitchen
:: Utility/ Store room
:: walk-in closet in the master bedroom

FEATURES

» Spacious Living
» 4 Fully air conditioned Bedrooms
» Unique Design
» A truly luxury setup for people who would like to convert their living space in to living pleasure with
» Kaldewei baths (Jacuzzi) - Europe's no 1 bath

A Guide to Sri Lanka Real Estate

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Sri Lanka is a country with a population of about 20 Million and is one of the most important places in South Asia because of its geographical location. It is situated right below India which was used by thousands of traders few centuries back.

Sri Lanka is very much popular among European Tourists because of it’s scenic beauty and golden sand beaches. Still Sri Lanka holds it’s reputation for having one of the best beaches in the world called “Unawatuna Beach”.

When Sri Lanka was hit by Tsunami in 2004, it did a great deal to decrease the economic growth of the country. But now after about four years, it seems that the country is again rising to its original position.

However, when it comes to Real Estate, there is a huge growth in the market. Compared to the last decade, the country seems to have had much more investments going on in the city of “Colombo” which is the capital of Sri Lanka. Still, only Colombo is notices by the investors due to the lack of facilities in other districts in the country. Since Colombo is the most popular city of Sri Lanka and it’s the most nearest city to the “Bandaranaika International Airport”, people are still investing in Colombo, since there’s a huge market and a potential.

There had been a huge growth in High Rising Condominium Apartments and in the city itself there are more than 20 condominium apartment complexes. Half already completed and half under construction. Below are some of the major apartment projects going on in Colombo.

“Monarch @ Crescat, Colombo 03
Celestial Residencies, Colombo 03
Ocean Edge Apartments, Colombo 03
Fairmount Apartments, Rajagiriya
Wimbledon Court, Dehiwala
Dawson Grand, Colombo 2
Iceland Residencies, Colombo 03
Lumiere Resisencies, Colombo 05.
Havelock City apartments with Shopping mall, Colombo 05
Trillium Residencies, Colombo 08
Star Residencies, Dehiwala

However, there are many more high rise condominium apartment projects are going on in the city of Colombo and also there’s a trend for Apartment Complexes with major shopping malls & office complexes such as Havelock City (http://www.havelockcity.lk). There are eight towers of apartments, with four towers of 22 stories, two towers of 27 stories and two towers of 29 stories.

Even though the ongoing war is doing a major impact on discouraging all these development projects and overall development in they country’s economy.

Sri Lanka Property Law / Regulations

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Purchase of land & buildings by non-citizens

Individuals who are non – Citizens or Companies having more than twenty-five percentum of issued capital owned by non-citizens.

Normal stamp duty – as mentioned above

Additional duty - @ 100% of market value.

(the lowest value of the property may be specified by the

Minister of Finance)

Exemptions on additional duty :

- Any property transferred to a licensed bank at an auction conducted by

such bank in the discharge of a mortgage of such property.

- Any property transferred to a Registered Finance Leasing Institution upon a purchase made by such institution where the property has been mortgage to such institution as a security for lease, or in order to execute a lease and an agreement to sell or a loan and an agreement to sell .

- Any property transferred to a licensed bank or a Registered Finance Leasing Institution pursuant to an order of court in an action for recovery of a debt.

- Any property transferred to a licensed bank or a Registered Finance Leasing Institution to carry on their business of banking or finance leasing in such property.

- Any land transferred to an enterprise authorized by the Board of Investment of Sri Lanka (BOI) to setup on such land –

(a) a project to construct not less than one hundred residential housing

units on a piece of land not exceeding ten perches for each such unit or a registered condominium property not less than one hundred units of residential or non-residential accommodation, if the value of such land is met by inward remittance of foreign currency

(b) A project for a construction and operation of a hospital or a hotel where the investment is not less than ten million US Dollars and the purchase consideration of the land is met by inward remittance of foreign currency.

(c) A project relating to infrastructure development or any other development approved by the Minister of Finance and where the investment is not less than fifty million US Dollars and the purchase consideration of the land is met by inward remittance of foreign currency.

(d) A project solely for the manufacture of non-traditional goods for export, for the establishment of its manufacturing plant, office, storage facilities, dormitories for workers where the investment is not less than one million US Dollars and the purchase consideration of the land is met by inward remittance of foreign currency.

- Any Condominium unit situated on or above the fourth floor of any approved condominium, if the value of such unit is met by inward remittance of foreign currency.

- Any property acquired prior to October 5, 2004 by a company and transferred to another company on the dissolution of such transferor company consequent to a merger of the transferee company with the transferor company.

· Mortgages of land & building

All mortgages of land & buildings should also be registered with the Registrar of Lands. The stamp duty on such mortgages was not payable during the period May 01, 2002 to April 03, 2006. With effect from April 04, 2006 the stamp duty has been re-introduced on mortgages @ the rate of Rs.1.00 for each Rs.1000/- or part thereof of the value of the mortgage.

This stamp duty is payable to the Department of Inland Revenue.

However, the mortgages executed for any housing loan not exceeding LKR Three million have been exempted.
The stamp duty on mortgages will be the same irrespective of whether the parties are citizens or non-citizens.

Note: This document contains the general information based on the current legal

provisions. Professional advice may be obtained before acting on such

Information.

· Income from rent / lease of land & buildings

Stamp Duty - In these transactions also it’s advisable to enter in to an agreement and register it with the Registrar of Lands. The stamp duty is payable on such agreements to the Department of Inland Revenue @ Rs. 10.00 for each Rs. 1000/- or part thereof of the value of such agreement including any premium (key-money) recovered, with effect from April 04, 2006.

Income Tax - Rent income on land & buildings calculated as per the Inland Revenue Act is liable to income tax and the rate may be between 5% to 35% depending on the total taxable income.
- If this income has been accrued to a Company (Corporate body) then such income will be treated as business income.
- If the rent / lease rent paid by a tenant for one premises is not less than Rs. Fifty Thousand per month or Rs. Five Hundred Thousand per year and if the premises is used for non-residential purposes a with holding tax @ 10% is deductible by the tenant on each such payment when the rent is paid. This tax can be claimed as tax credit by the land lord (the owner) of such premises.

Value Added Tax (VAT) - The VAT is payable @ 15% (currently) if the rent / lease rent is accrued to a VAT Registered person other than on residential premises. Further, the sale of land & buildings other than residential premises will also be liable to VAT at 15% on the value of supply calculated as provided in the VAT Law.