The Chairman of NHDA L.S. Palansuriya and the Chairman of the Home Lands Skyline Nalin Herath exchange the MoU for the Athurugiriya housing project

For the first time in Sri Lanka, a private property developer has entered into a tripartite collaboration and partnership with Ministry of Housing and Construction and with National Housing Development Authority (NHDA) in order to design, develop and construct an apartment complex.

The Green Valley Apartment Complex by Home Lands Skyline will be built according to a township concept. The apartment complex comprises two types of apartments targeted at different market segments. 80% of the apartments (288 in total) will be 2-bedroom -apartment units with a square area of 688 square feet which will be priced between Rs. 4.5 million to Rs. 5 million. The balance 20% of the apartments will be three-bedroom units of 1056 square feet each priced at Rs. 7.5 to Rs. 7.9 million. The complex is equipped with 24 hour controlled security at the gate. The tripartite collaboration has made all these modern amenities and facilities affordable and Home Lands Skyline believes that this project would redefine property development in Sri Lanka.

Interested parties can immediately reserve their apartments by paying reservation fee Rs.100,000 and pay 20% within one month period (inclusive of reservation fee). The balance payment could be paid either in 12/24 monthly basis interest free installment plan or via bank loan facility (loan facilities can be arranged with leading banks up to 80% of house value).