Real Estate Archives

April 25, 2024

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Prime Lands Residencies PLC, Sri Lanka’s leading real estate developer, achieved a significant milestone with the ground-breaking ceremony of ‘The Colombo Border,’ a landmark project poised to redefine urban living.

With Phase I of the project nearly sold out, the company is now launching Phase II, coinciding with the commencement of construction. Piling work has been undertaken by San Piling, a reputed name in the construction industry, signifying the project’s steady progress towards completion.

Strategically located along the Colombo-Kandy Main Road, ‘The Colombo Border’ offers unparalleled convenience bordering Colombo in Peliyagoda with minutes’ access to the Katunayake Expressway and Kelani Valley railway station ensuring effortless commutes to central Colombo and its suburbs making it a transportation hub, accessible to anyone via public and private transport. Boasting 6.5 acres of prime real estate, the project showcases sustainable development, with only 25% of the land designated for construction, while a staggering 75% is dedicated to open spaces, including jogging paths, cafés, meeting centres, function halls, swimming pools, and an array of other amenities.

Commenting on the occasion, Sandamini Perera, Chairperson of Prime Lands Residencies PLC, said, “Today marks a special day for all of us at Prime Group and our exclusive customers of The Colombo Border, our 46th condominium project. With the commencement of construction of this landmark project, we have created a new paradigm of luxury living with modern amenities in a prime location bordering Colombo. As a trendsetter, Prime Group has introduced a revolutionary monthly 1% payment plan, making homeownership attainable for many young professionals and investors. With Phase I of the project nearly sold out, today, we are delighted to commence construction of The Colombo Border and continue our promise to deliver beyond expectations.”

With an innovative payment plan, the first of its kind in Sri Lanka, Attractively priced from LKR 30 million upwards, prospective buyers need only pay 1% of the purchase price monthly throughout the entire 40 months construction period of this mammoth project.

‘The Colombo Border’ demonstrates Prime Lands Residencies’ commitment to pushing boundaries and setting new benchmarks for high-end residential projects in Sri Lanka, offering an unparalleled living experience that seamlessly blends luxury, convenience, and sustainability.

March 19, 2024

Prime Group, the leading real estate developer in Sri Lanka, proudly announced the successful completion and handover of the state-of-the-art leisure residences at The Beach Front II Uswetakeiyawa. The grand ceremony, titled “Keys to Paradise,” was held on March 02, 2024, marking a significant moment as keys were handed over to the proud owners of these exclusive beachfront apartments.

This event not only exhibited the stunning design and flawless craftsmanship of the properties but also emphasised the strong relationships Prime Group has forged with its valued customers throughout the development process. The success of “Keys to Paradise” established a new benchmark for excellence in beachfront living in Sri Lanka, just 20 minutes away from Colombo.

Construction of Beach Front II Uswetakeiyawa commenced in August 2020, and today, it stands as a beacon of luxurious living nestled along the golden sands and palm groves of Uswetakeiyawa. This 16-floor architectural marvel boasts 108 units of one and two bedroom residences and penthouses ranging in size from 742 to 2273 sq ft. Residents are offered a private sanctuary to unwind and indulge in breathtaking panoramic views that stretch from the skyline to the glistening waters of the Indian Ocean.

Sandamini Perera, Co-Chairperson of Prime Group, expressed heartfelt sentiments on this momentous occasion, stating, “This is not the completion of yet another apartment project, but the creation of a vibrant and exclusive community. I am sure that you are aware of the hardships, obstacles, and challenges that we faced during the construction period of this project. Somehow, we managed to face them all, and today, you witness the completion of this beautiful and magnificent project right in front of your eyes. At Prime, we see you as our valued partners, as opposed to mere customers. Thank you for being patient and placing your trust and confidence in us.”

The proud new owners of these residences also shared their thoughts. Mr. K Ranith Sandushan Perera and Mr. K Damian Sandunil Perera expressed that “these apartments have great views, and the climate is very cool compared to other locations. I would recommend Prime and their numerous projects.” Mr. Noel L. S. Joseph commented, “I am happy to be the owner of one of these apartments while also serving as a consultant on the project. Today is a very happy day for all of us. I am a continuous homeowner of the Prime Group.” U P Sashika Nisansala Jayasumana added, “I can recommend Prime to anyone as it is a trusted name in the industry. We are extremely happy to move into this apartment. This is a happy day for us, our children too are amazed by the views from our new home.”

The Beach Front II Uswetakeiyawa offers an array of world-class amenities for its residents and their guests, including a Visitors Lounge, Rooftop Infinity Pool, Kids Pool and Play Area, Yoga Deck, BBQ Terrace, Meeting Hub, Beach Volleyball Court, Beach Garden, Fitness Centre, Round-the-clock security, Digital Surveillance, Access Controlled Elevators, Dual Key for Apartments, and a Drivers Rest Area.

The Beach Front II Uswetakeiyawa marks Prime Group’s latest completed and handed-over apartment project in Sri Lanka. Located just 20 minutes away from Colombo, BIA, and 5 minutes to Ja-Ela Highway Entrance, this project serves as the ideal beachfront leisure experience. Prime Group continues to demonstrate a commitment to excellence in the real estate sector, backed by a dedication to purpose beyond profit, as they continue to redefine luxury living experiences while fostering a sense of community and belonging. For more information on The Beach Front II Uswetakeiyawa and other projects by Prime Group, please visit primeresidencies.lk or contact 0710777666.

March 5, 2024

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– 80% of the project already sold

– Revolutionary 1% monthly installment payment plan available

Unveiling a new era towards luxury housing and upgrading lifestyles, Prime Lands (Pvt) Ltd., the real estate leader, has proudly announced breaking ground and laying the foundation stone at its latest prestigious housing project, ‘The Residence’ at Samagi Mawatha, located in the heart of Thalawathugoda.

The initiation ceremony, marking the commencement of construction of the new residential project, was graced by the presence of the Chairman, Co-Chairperson, homeowners, and the Prime team.

Addressing the gathering, Sandamini Perera, Co-Chairperson Prime Lands (Pvt) Ltd said, “Our customers are our partners. Today marks another milestone on our journey. On behalf of Prime Group, a heartfelt thank you to all our dear partners. Many of you made the decision to purchase a home in our new project even before its introduction to the market, without seeing a proper design. This demonstrates the immense trust you place in Prime as a brand. Most of you are our longstanding customers who sought reliable land and comfortable homes from us. Today, I would like to make a promise. Together with our experienced and talented team, we are committed to delivering an elegant, beautiful house that exceeds your imagination and expectations.”

Emphasizing convenience and flexibility, the project features a special payment plan tailored to meet the individual needs of potential homeowners. Prime Group offers a revolutionary payment plan of 1% monthly installments, introduced for the first time in Sri Lanka’s real estate industry for ‘The Residence’ making the project accessible for all. Importantly, already 80% of this new project has been sold.

‘The Residence’ is envisioned as a haven for splendid homes, nestled in the heart of Thalawathugoda, offering residents a tranquil living environment together with urban amenities. Strategically located in the bustling city, the project provides convenient access to shopping, dining, and entertainment, making it an ideal choice as an investment or for residential purposes.

The project is centered on maximizing land space utilization and delivering high-quality construction within a reasonable budget. The unique design implemented by Prime Lands enables efficient land use, optimizing space but also manages construction costs effectively without sacrificing quality. As a result, Prime is able to offer a superior quality homes, catering to the needs of clients in an area such as Thalawathugoda while ensuring attainability and value.

An elated new homeowner, Dimitri Peiris noted, “The Residence is not my initial home purchase with the Prime Group. I have made several investments with Prime in the past and have been always satisfied with the quality and security they provide. That is why I chose Prime again. Upon visiting the site, I found it tranquil and welcoming, envisioning my new home’s future potential. I trust Prime for consistently delivering high-quality and secure homes, which made my decision easy. The team’s dedication, even after sales, further confirms my confidence in them. They have been exceptional throughout.”

Investing in a house at ‘The Residence’ promises not only a tranquil living environment but also the perfect blend of urban amenities and natural surroundings, making it an ideal choice for those seeking a convenient and comfortable lifestyle in Thalawathugoda.

January 31, 2024

John Keells Properties, Sri Lanka’s premier real estate developer, has partnered with NDB to provide aspiring homeowners attractive mortgage packages to invest in their dream homes at Viman Ja-Ela; John Keells Properties’ latest residential project.

The innovative and flexible mortgage solutions offered by NDB will enable prospective homeowners to access financing plans that match their financial capabilities and ownership goals. These packages are designed to empower homebuyers to purchase an apartment at Viman swiftly and seamlessly.

Renowned for its development of premier residential apartments, John Keells Properties has been instrumental in shaping Sri Lanka’s urban residential landscape, and ‘Viman’ is set to transform contemporary living in the heart of Ja-Ela.

Commenting on the partnership, Nadeem Shums, Head of Sales & Marketing – John Keells Properties and Vice President – John Keells Group stated: “We are pleased to join hands with NDB and facilitate attractive home loan packages for customers at Viman Ja-Ela. The partnership reiterates our commitment to understanding homebuyer aspirations and enabling a smooth homeownership journey through strategic financing solutions.”

NDB Bank is uniquely positioned to assist prospective buyers with flexible repayment options.

Zeyan Hameed, Vice President, Branch Network Management & Product Development, NDB Bank PLC added, “NDB Bank is pleased to collaborate with John Keells Properties and open up flexible avenues for home ownership at Viman Ja-Ela. We believe it is an ideal time for aspiring homeowners to consider purchasing residential properties, and our customized financing plans will empower them to embark on their journey with confidence.”

Viman Ja-Ela is set to redefine modern living and create a true sense of community in a serene environment. Spread across 6 acres, offering a harmonious blend of modern comforts with 418 apartments, Viman is designed to provide a secure, family-friendly environment with convenient access to Colombo city while retaining the charm of a small-town setting.

Located in the heart of Ja-Ela, residents have easy access to an array of conveniences including supermarkets, banks, restaurants and hospitals. Furthermore, Viman offers the distinct advantage of proximity to the Colombo Port access highway, facilitating exceptional connectivity between Ja-Ela and Colombo. This partnership will enable more Sri Lankans to easily invest in Viman’s vision of ecological urban living, creating dream living spaces.

For more information about Viman Ja-Ela and available mortgage packages, contact John Keells Properties on 0706 062 062 or visit their website at www.viman.lk

November 28, 2023

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By Rohan Parikh, Chairperson of Iconic Developments

In recent times, it’s evident that fiscal, monetary, and tax policies have a significant impact on the real estate sector, especially in Sri Lanka as it undergoes economic changes. In this article, we’ll explore how economic policies affect real estate and why it’s essential for industry stakeholders, including developers, investors, and decision-makers, to understand these dynamics.

Fiscal and Monetary Policies: The Foundation of Real Estate Development

Let’s begin by discussing fiscal policies, which are the cornerstone of our industry. Tax reforms, such as the recent introduction of Value Added Tax (VAT), have brought significant changes to the sector. This reform required us to reevaluate our strategies and financial plans. While revenue generation is vital, we must also create an environment conducive to the growth of real estate. This involves structuring incentives that encourage investments in real estate projects.

Now, let’s turn our attention to monetary policies, which have a direct impact on real estate financing. Changes in interest rates affect the affordability of prospective homebuyers and, consequently, mortgage rates and property demand. We advocate for aligning stable monetary policies with accessible and affordable financing to ensure the continuous progress of the real estate sector. Additionally, synchronizing development cycles with interest rate changes helps minimize potential economic instability.

Foreign Investment: A Driver of Progress

Foreign investment is a significant catalyst for real estate growth, particularly for a rapidly developing nation like Sri Lanka. The reinstatement of tax holidays by the Board of Investment (BOI) can enhance the attractiveness of our investment environment, fostering economic growth and attracting global investors seeking favorable tax conditions. Maintaining macroeconomic stability is crucial to attracting foreign investors, leading to property development, job creation, and overall economic prosperity. Thus, we need policies that facilitate foreign direct investment in the real estate sector, providing a much-needed boost to our domestic economy.

Balancing Taxation Policies for Growth

Balancing taxation policies with the expansion of the property sector is an ongoing challenge. A well-thought-out approach to taxation can encourage real estate development without stifling growth. Analyzing tiered VAT rates in the global real estate market can offer insights for policymakers. Measures that incentivize real estate development while ensuring revenue generation strike the right balance.

In conclusion, Sri Lanka’s real estate sector is at a unique juncture where fiscal, monetary, and tax policies can be leveraged for sustainable growth. A clear understanding of these factors is imperative for industry leaders, executives, and developers. By making informed decisions that align with our nation’s economic imperatives, we can solidify the real estate sector as a robust pillar of Sri Lanka’s economy.

At Iconic Developments, we are steadfastly committed to navigating these economic currents, guiding the real estate industry toward a promising future. Our mission extends beyond bricks and mortar; it encompasses the aspiration of shaping the future of our nation. Together, we will continue to build iconic landmarks while contributing significantly to the economic resilience of Sri Lanka’s real estate sector.

November 2, 2023

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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.

October 30, 2023

By Rohan Parikh, Chairperson of Iconic Developments

In the world of investments, where variables abound, real estate stands as a symbol of unwavering stability. Its intrinsic qualities and unyielding demand make it a fortress against the erosive forces of inflation and economic turbulence. As we delve into this discussion, we take a thought leader’s perspective on the compelling attributes of real estate as a resilient investment option.

Real estate’s allure as a secure investment in times of economic uncertainty lies in its inherent characteristics. Property values tend to adjust in harmony with inflation, ensuring the preservation of their fundamental worth amid the rising tide of costs. A comparative evaluation of real estate against other asset classes further substantiates its appeal. Unlike equities and bonds, susceptible to erratic fluctuations during periods of economic instability, real estate displays remarkable resilience. This steadfastness can be primarily attributed to the perpetual demand for housing and commercial spaces, a demand that remains relatively steady despite the ebb and flow of economic tides.

Turning to historical evidence, we find compelling support for our perspective. A deep dive into historical case studies consistently reveals real estate’s resilience as an investment class during economic downturns. Even in instances of transient depreciation in property values, the long-term trajectory of real estate investments remains overwhelmingly positive, safeguarding investors’ capital and promising substantial returns.

One cannot overstate the pivotal role of macroeconomic stability in shaping property investments. Sound fiscal and monetary policies serve as the bedrock for preserving property values, drawing investors with a commitment to long-term wealth preservation. The allure of economic predictability is a coveted attribute for investors, instilling confidence in their participation in the real estate market. Furthermore, the vitality of the real estate market is intrinsically linked with currency stability, underscoring the symbiotic relationship between stable economic policies and property investments.

As thought leaders, it is our duty to leverage these insights judiciously, particularly during times of uncertainty. Diversifying investments across various properties and geographic regions can augment the resilience of our real estate portfolios, effectively mitigating the impact of economic volatility. Thoughtful property investment serves as a vehicle not only for safeguarding financial interests but also for preserving wealth for future generations, contributing meaningfully to our nation’s socioeconomic prosperity.

In conclusion, real estate’s enduring appeal as an investment avenue offers a robust defense against the unpredictability of economic climates. As thought leaders, we bear the responsibility of navigating these intricate waters with wisdom, foresight, and a spirit of collaboration. By doing so, we can ensure the continued growth and resilience of Sri Lanka’s real estate sector, thus making a substantial contribution to our nation’s economic stability and prosperity.

September 25, 2023

Paving the path for aspiring homeowners, Sri Lanka’s leading private sector bank, HNB PLC, renewed its long-standing partnership with local real estate giant Prime Group to offer investors exclusive deals and benefits.

The partnership will offer customers a range of benefits, including special interest rates during the September and October promotional period. The exclusive offer extends to all properties across Prime Group’s extensive portfolio, including highly anticipated Prime Residencies projects, such as The Grand Ward Place, The Beachfront Uswetakeiyawa II and 43 by the Sea on Marine Drive, Dehiwala.

“Building your own home in Sri Lanka can be quite a challenge. The escalating costs of construction, driven by rising inflation, have added to the struggle. We at HNB remain steadfast in our commitment to empower every Sri Lankan to own a home of their own. As such, we are delighted to partner with Prime Group again to offer our customers affordable financing options and exceptional services,” HNB Assistant General Manager – Personal Financial Services (PFS), Kanchana Karunagama, said.

Delivering the best value to its customers, HNB will offer special interest rates during the promotional period. Prospective homeowners can make use of convenient and flexible repayment options tailor-made to their budgets, together with doorstep mortgage advisory services provided by the Bank’s dedicated agents, who will assist with the legal documentation needed for the facility.

“As Prime Group, our mission is to empower Sri Lankans with the chance to achieve homeownership, allowing them to find stability and make the most of these challenging times. Therefore, it is a pleasure for us to partner with HNB in serving our customers,” Prime Group Director – Corporate Affairs Nalinda Heenatigala said.

To this effect, Prime Group also introduced “20% MOVE” by Prime Residencies, a groundbreaking investment proposition aimed at simplifying homeownership. As part of this initiative, the real estate giant covers the monthly interest on home loans for up to two years. They also provide up to a one-year Management Fee waiver and waive legal fees associated with the Deed of Transfer process. They also offer in-house rental services, ensuring the investment remains hassle-free throughout the homeownership journey.

With 254 customer centres and 800+ Self Service Devices (SSDs) nationwide, HNB is one of Sri Lanka’s largest, most technologically innovative private banks. Consolidating its legacy in sustainability, good governance and corporate excellence, HNB was crowned the Best Corporate Citizen for 2022 at the Ceylon Chamber of Commerce Best Corporate Citizen Awards. The bank further secured four additional accolades, including being ranked among the Top 10 Best Corporate Citizens and taking home the Governance category and Sustainability Champion for the Finance sector titles.

September 19, 2023

Having revolutionized the real estate industry in Sri Lanka, John Keells Properties, is proud to unveil their latest residential project, ‘Viman’, set to transform contemporary living in the heart of Ja-Ela.

John Keells Properties, the property arm of the renowned John Keells Holdings, has earned a prestigious reputation in the real estate market for making a significant impact with innovative approaches to creating dream living spaces and exceptional experiences.

Aligned to their vision of ‘Creating New Worlds’ and curating spaces that redefine life’s experiences, Viman represents another unique new venture from John Keells Properties. Spread across 6 acres, offering a harmonious blend of modern comforts with 418 apartments, Viman is designed to provide a secure, family-friendly environment with convenient access to Colombo city, while retaining the charm of a small-town setting.

Nayana Mawilmada, President – Property Sector of John Keells Holdings PLC stated, “We are extremely excited to launch Viman, the latest frontier of John Keells Properties. We believe that Viman is more than just a home. It is a lifestyle engulfed in the warmth of a small town. Inspired by the principles of balance, nature, and modern convenience, Viman offers a thoughtfully designed collection of residences that embrace eco-consciousness, accessibility to multiple locations, and a nurturing sense of community.”

Located in the heart of Ja-Ela, residents will enjoy easy access to an array of conveniences including supermarkets, banks, restaurants and hospitals. Furthermore, Viman offers the distinct advantage of proximity to the Colombo Port access highway, facilitating exceptional connectivity between Ja-Ela and Colombo. This strategic location not only enhances convenience but also ensures efficient travel for residents and businesses alike.

Nestled within a lush central garden, Viman boasts a range of amenities, including a swimming pool, gymnasium, meditation courts, clubhouse, a kids play area, cycling and walking spaces, and a multipurpose outdoor sports court, in addition to electric vehicle charging. These features create a peaceful sanctuary for residents to reconnect with themselves and provide an ideal space for families to thrive.

Notably, Viman will feature energy-efficient solar-powered homes, abundant green spaces, and foster a strong sense of community, exemplifying John Keells Properties’ commitment to prioritize both modern comforts and a sustainable lifestyle.

With a diverse portfolio of groundbreaking developments including The Emperor, The Monarch, 7th Sense, OnThree20, TRI-ZEN, and the Cinnamon Life Integrated Resort, John Keells Properties, has consistently been at the forefront of the development of residential condominiums and has played an important role in shaping Sri Lanka’s urban residential landscape.

For more information about ‘Viman’ and to explore the future of residential living, contact John Keells Properties on 076 062 062.

September 8, 2023

Catering to the increasing demand for luxury urban living, Sri Lanka’s leading private sector bank HNB PLC, renewed its partnership with premium real estate developer, Capitol Towers Ltd of the renowned Sanken Group, to offer housing loans and special promotions to HNB Club and Priority Circle members.

Housing a range of high-end, stylish apartment units, the promotion is exclusively available for prospective homeowners of Capitol TwinPeaks, and is only valid until 31.03.2024. Capitol Towers Ltd. Chief Operating Officer Dhammike Wasanthakumara, Capitol Towers Ltd. Senior Sales Manager Chandrasekeram Thuwaregan, HNB Deputy General Manager – Retail Banking Group, Sanjay Wijemanne and HNB Head of Personal Financial Services, Kanchana Karunagama were present at a ceremony held to renew the partnership.

“We are excited to offer the next generation of affordable luxury to our highly select Club and Priority circle customers, with a wide range of custom financial services and special promotions. Market trends indicate that many residents are shifting towards urban living, as they offer comfort, convenience and additional facilities in addition to being an investment opportunity. As banking partner to the nation, we will always work towards ensuring our customers have the most competitive rates and facilities available in the country,” said HNB Head of Personal Financial Services, Kanchana Karunagama.

During the promotion period, HNB will offer their priority customers convenient and flexible home loans at some of the most competitive rates in the market. Committed to delivering maximum value to its customers, the bank also provides convenient and flexible repayment options tailor-made to their budget.

HNB’s dedicated agents will also provide doorstep mortgage advisory services by assisting customers with all legal documentation needed for the facility.

“The renewal of our partnership with HNB is a testament to their continued excellence and services for the industry, and is indicative of our commitment towards offering the best financing possible for prospective homeowners,” stated Capitol Towers Ltd. Chief Operating Officer Dhammike Wasanthakumara.

Capitol TwinPeaks is a 50-storey twin skyscraper with 475 luxury Apartments located at No. 24, Staple Street, Colombo 02. The complex is set to offer a range of world-class amenities and services, including star-class restaurants and bars located at the 50th level where the twin towers are connected by a Sky Bridge; South Asia’s highest. Capitol Towers Ltd, a subsidiary of Capitol Developers Ltd and a member of the Sanken Group, developed Capitol TwinPeaks in collaboration with Sanken Construction Pvt Ltd and P&T Group Architects of Singapore. With nearly 80% its inventory sold and over 250 Apartments handed over to the owners, Capitol TwinPeaks is entering into the final leg of its sales drive.

With 254 customer centres across the country, HNB is one of Sri Lanka’s largest, most technologically innovative banks, having won local and global recognition for its efforts to drive forward a new paradigm in digital banking. Over the recent past, the bank was ranked among the World Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine. HNB has a national rating of A (lka) by Fitch Ratings (Lanka) Ltd.

HNB was also declared Best Sub-Custodian Bank in Sri Lanka at the Global Finance Awards 2020. The bank further won the Award for the Best Retail Bank in Sri Lanka for the 11th time at the Asian Banker Awards 2020, in recognition of its sustainable growth and continuous improvements in processes, products and services amidst a challenging macroeconomic environment.

Older Posts

Prime Residencies Breaks Ground and Launches Phase II of The Colombo Border

Prime Group Hands Over Keys to Paradise to Proud Owners of The Beach Front II Uswetakeiyawa Residences

Prime Lands Commences the Construction of ‘The Residence’ Samagi Mawatha, Thalawathugoda

John Keells Properties partners NDB to offer attractive mortgage solutions at ‘Viman’ Ja-Ela.

Economic Resilience in Real Estate: Navigating Fiscal, Monetary, and Tax Policies

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

Inflation-Resistant Investments: The Stability of Real Estate in Turbulent Economic Times

HNB renews partnership with Prime Group for exclusive home loans

John Keells Properties launches ‘Viman’, their latest residential development.

HNB offers exclusive benefits on home loans for Capitol TwinPeaks Apartments