Havelock City project Stage two completed
Lumbini edirisinghe
The piling work on Stage two of Sri Lanka’s largest mix development
apartment complex, Havelock City has been completed.
The first phase consisting of two towers including the Park and Eli
bank Towers with 226 apartments is now nearing completion.
The Havelock City project |
The current economic situation has had an impact on sales with the
global scenario. “However, with the domestic economy set to improve in
the coming months with the progress made in the North we are confident
that Apartment sales would increase significantly,” said Deputy General
Manager Havelock City Project, M. Remaz Ghouse.
“The main contractor is of Chinese origin and they have their own
workforce to ensure quality and speed of construction.”
The Havelock City project with an investment of US$ 250 million
provides luxurious apartments to local and foreign residents. It also
has offices and business premises making it a city within a city.
“The majority of buyers are local customers and 60 per cent of houses
under the first phase has been sold. There are also local overseas
buyers from UK, USA and European countries.
The project is fast reaching completion and we expect the handover to
take place within the next few months. We hope this project would be
excellent competition in Sri Lanka’s city project developments,” he
said.
The project will offer an area of 1,080 square feet with one, two,
three and four bedroomed apartments including spacious penthouses with
underground car parking facilities. The large garden spread over the
rooftop of the car park is the first of its kind. The car park garden
covers approximately nine acres and have large trees and foliage
promoting the concept of a natural rainforest.
Havelock City was awarded a prestigious five-star award for the ‘Best
Development in Sri Lanka’ and a four-star award for the ‘Best High Rise
Development in Sri Lanka’ at the Asia Pacific Property Awards 2008, held
in association with CNBC networks worldwide.
The awards are accolades of global repute presented in recognition of
quality, design, construction and architecture of individual properties
and property developments. They are also an acknowledgement of the
expertise and professionalism of the developer.
The project is a reward of a central location in a friendly
neighbourhood environment. Citizens are provided with an easy going
lifestyle in the heart of the city of Colombo.
The Havelock City project is the single largest mixed-use real estate
development project to be undertaken in Sri Lanka. |