Luxury Living Archives

November 2, 2023

Image-PR-Prime-Group-introduces-a-revolutionary-investment-opportunity-in-Sri-Lanka-LBN.jpg

Prime Group, the real estate giant, is proud to introduce an exceptional investment opportunity that promises luxury living, modern amenities with an unbelievable payment plan.

The groundbreaking venture is the company’s latest 27-story luxury development at the border of Colombo. What sets the development apart is its revolutionary payment structure. Based on the novel plan, at the pre-launch, a homebuyer only requires a 10% reservation fee with no requirement for a down payment. The plan further includes paying just 1% instalments spread over 40 months, with the balance 50% payable upon handover. Owners are assured of a minimum capital gain of over 100%.

With attractive pre-launch prices, and spacious two and three-bedroom residences, the investment opportunity is unrivalled in terms of capital gain, promising an impressive return, and allowing any working professional the flexibilities of owning their own home without saving for a substantial down payment and may not require bank loans. Nestled on 6.5 acres of prime land, Phase 1 of this luxury condominium development boasts 27 stories of sophistication, designed to cater to a new homeowners’ every need.

Perfectly positioned for both convenience and natural beauty, the development entitles residents to the best of both worlds. Situated along the main Colombo-Kandy Road, the location provides quick access to the Bandaranaike International Airport, Port City, and other key destinations in the economic hub of Colombo. Stunning uninterrupted views showcase the picturesque Colombo skyline, contrasted with the peaceful countryside, offering a lifestyle where residents can return home to a scenic retreat from the bustling city, saving precious time spent in traffic.

Nalinda Heenatigala, Director, Corporate Affairs, Prime Lands Residencies PLC, said, “We are pleased to present a unique investment opportunity to our clients, especially first-time homeowners and young professionals, through our revolutionary payment plan being introduced for the first time in Sri Lanka. Reinforcing the commitment to provide a luxurious yet attainable lifestyle, we continue to revolutionize real estate investment in Sri Lanka.”

Prime Group invites prospective investors and homeowners to be a part of its latest landmark project, setting new standards in the Sri Lankan real estate market.

Further information may be obtained via www.primeresidencies.lk or by contacting the sales experts on 0710 777 333.

December 12, 2021

December 10^th, 2021: The flagship property of Prime Group, Sri Lanka’s leading property developer, The Grand – Ward Place located in Colombo 07 recently revealed its immaculately designed Display Suite to the public. Having fully accomplished the construction of piles and testing, structural work, and super structure work, The Grand draws closer to completion as it continues to proceed on the final interior finishings while aiming to debut 332 two- to four-bedroom apartments and duplex penthouses with the finest designer flooring, kitchen finishes and amenities infused with smart technology.

Prospective buyers are welcome to book a viewing starting December onwards, while attendance to open house private events can be attended by reaching out to real estate consultants at the The Grand team based in Colombo 07.

“We are delighted to debut our Display Suite at The Grand, which is the crown jewel of our exceptional portfolio that we have invested a great deal of thought, hard work and care into. Our team partnered with the best architects, designers and contractors in South Asia, to curate a luxe, modern exterior and interior that draws inspiration from its natural surroundings using timeless, high-quality materials, captivating color palettes and intentional sustainable design. We look forward to delivering an unmatched living experience at The Grand, the likes of which Sri Lanka has never seen before as we near the finish line.” stated Chairman Prime Group Premalal Brahmanage.

Affording magnificent uninterrupted vistas of the Colombo skyline and brilliant waters of the Indian Ocean at a rise of 160 meters, The Grand blends together the best attributes of international architectural structure and design into 37 floors of ultra-luxury comfort and privacy.

It is Colombo’s most bankable property, being located in the region’s most sought-after address – Ward Place, and has been crowned the tallest and only high-rise in the area, for an age to come.

Recognized as the Best Luxury Condominium in Sri Lanka at the latest PropertyGuru Asia Property awards, the residency features a 71-meter infinity pool at a height of over 125m on the 32^nd floor, which is hailed as the longest elevated infinity pool in Sri Lanka. Another key defining feature of the structure is its availability of carefully designed privacy cavities, which are placed between every apartment to guarantee privacy and the experience of living in a detached home – a first in Sri Lankan real estate design. The tower offers three levels of unparalleled indoor and outdoor amenities spread across 50,000 Sq Ft.

The Grand, Ward Place (Colombo 07) was designed by renowned architectural agency, The Design Group Five International, and constructed by one of South Asia’s largest and most credible contractors Maga Engineering, along with a host of other world-class interior designers, structural engineers, reviewers, testing consultants, and quantity surveyors.

October 12, 2017

Colombo, Monday 14th August 2017: A remarkably resilient real estate industry in Sri Lanka has been developing and expanding over the last couple of years. Major cities throughout the country have become urbanized and commercialized to such a degree that a condominium or two is now a common site.

Since its inception in 2014, Gateway Homes (Pvt) Ltd, a real estate development company focused on high quality construction and finish along with timely delivery is nearing completion of their first project; Avenue 9. This is a major stepping stone as the company plans its upcoming projects in targeted highly sought after residential neighborhoods in Sri Lanka. The focus is to build small communities that promises exclusivity, privacy and ease of maintenance along with superior architectural designs that allows enhanced utility of space.

The number of apartment complexes that are being developed are increasing by the day and each of these apartments are starting to look a lot similar in terms of the layout, amenities offered and the interior. However, in an area where similar apartment complexes are commonplace, Avenue 9 is set to stand alone as one of a kind. At first glance itself Avenue 9 embodies comfort, convenience and quality.

Located in a secluded portion of the beachside town Mount Lavinia, the property will offer a haven for those who seek the solitude of a relaxing space and the convenience of being in close proximity to important landmarks. These landmarks include the iconic Mount Lavinia Hotel less than 100 meters away, prestigious schools, supermarkets, shopping arcades and restaurants.

Aside from the benefits of the location, the ground plus five-storied building will consist of eight beautifully designed three bedroom units and one penthouse. Each unit consisting of 1350 square feet will comprise of a living room, a dining room, pantry, three bedrooms, two bathrooms, separate domestic quarters and balconies all around. Not only is the entire complex designed well, it also provides solar power for common areas and maximum security with a twenty four hour security system, fire protection system, and a lightning conductor on the rooftop for protection. The property also consists of reserved parking slots and a rooftop lounge area that can be used for various events as it offers a panoramic view of the Indian Ocean.

The developer of Avenue 9, Gateway Homes (Pvt) Ltd is ready to unveil the complex and hand over the keys to the owners by October 2017. The successful marketing of the property was handled by renowned property marketers Invoke (Pvt) Limited.

Invoke has several other projects in the pipeline that will be nearing completion within the next few years as well. For more information on Avenue 9 and other real estate development projects, please contact 0772 455 233 or visit the website www.avenuenine.lk or www.invoke.lk

Prime group unveils revolutionary 1% payment plan with ‘The Colombo Border’

The Grand – Ward Place debuts display suite in time for the festive season

Avenue 9 Brings Luxury Living to Mount Lavinia