Capitol Developers Limited of the Sanken Group held the ground-breaking ceremony of its latest 470-apartment twin tower project – Capitol Twin Peaks last week. Patali Champika Ranawaka, Minister of Megapolis and Western Development graced the event as chief guest amid a gathering of distinguished guests, including customers, partners and government officials.
Scheduled to be ready for occupation by end 2020, the project is expected to be the most centrally located, high profile luxury real estate project in the city and is widely acknowledged as a key project in the government’s vision for a vibrant Megapolis. It is located in the heart of the city in an elite neighbourhood, with proximity to prestigious shopping malls and other conveniences, in addition to a beautiful entry point with the lake frontage of Beira Lake. Capitol Developers and Sanken Construction of the renowned Sanken Group have collaborated to create these iconic skyscrapers while the global design firm P&T Group of Singapore is the architect for Capitol Twin Peaks.
Capitol Developers have collaborated with several leading banks to facilitate attractive loans and long-term repayment plans for prospective buyers. This high profile development meets the demands of the vibrant and expanding City of Colombo and supports the government’s plans to build a Megapolis encompassing much of the Western Province.
Patali Champika Ranawaka – Minister of Megapolis and Western Development in his capacity as chief guest at the ceremony, elaborated further on how this project is aligned to the government’s vision for a Megapolis. The project also caters to the new lifestyle trend for luxury condominium living among young couples and expatriates who desire to make a lifestyle statement.
Built on 214 perches, the project will feature 470 apartments on 50 floors with two basements, six floors of parking and a roof terrace.