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Golden Enclave Ascon Residencies open on July 7

The Rs. 2 billion Golden Enclave Ascon Residencies in Dematagoda, one of the largest apartment complexes in Sri Lanka will open on July 7.


Golden Enclave Ascon Residencies in Dematagoda.

The 13-floor complex with 160 apartments, shopping and office complexes is sold out according to Managing Director Horizon Real Estate, and Property Developers (Pvt.) Ltd, Saliya Jayasuriya. He said that the Golden Enclave Ascon Residencies, was catering to a professional clientele. "Professionals are looking out for housing and most of the apartments available are out of reach for professionals. This is why Golden Enclave Ascon Residencies was launched," he said.

Senior Executive Director, Ascon Constructions and Investments(Pvt.) Ltd, M. S. Hameed said that the investment for the complex is Rs. two billion and the financing was from Ascon Dubai and ETA Lanka (Pvt.) Ltd.

Golden Enclave Ascon, has parking facilities for 140 vehicles swimming pool, gymnasium and the first floor would be office complexes and shopping malls.

"The glass pyramid in the complex is an unique architecture of this complex," he said. The architects for the project were N. M. Saleem of India and Jayampathy Herath while the constructors were Tudawe Brothers.

The three-acre land for the complex was obtained from the Urban Development Authority on a long lease.

"As a part of our social responsibility we have constructed 116, two bed room houses for low income families adjoining the complex," he said.

"Our parent company in United Arab Emirates, Ascon, is very happy with the response and we would be now embarking on two projects in Colombo soon," he said.

Ascon Dubai established in 1975, a US $ two billion turnover company is in to construction, trading, shipping, fashion wear and the automobile industry.

Minister of Urban Development and Water Supply Dinesh Gunawardane will be the chief guest at the opening ceremony.

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