New housing projects

Indunil HEWAGE

The demand for houses and apartments has been increasing in the recent past.

Nimavin Developers Director Duminda Liyanage told Daily News Business the company will be starting construction work on 830 houses in Horana within this week and project work is to be concluded by around April in 2012.

The company will inject over Rs 200 million to built 830 houses and the remaining investment will be done with financial assistance of banks.

The company will also embark on starting construction work of another 105 houses in Gampaha this week and construction work of the project is due to be completed in December this year.