SMI Housing to build $10 mn apartment complex
In its latest offering to Colombo’s real estate market, SMI Housing
is developing a 26 storey, luxury apartment complex, located centrally
at Deal Place, Colombo 3.This BOI-approved project represents a $10
million investment. The agreement was signed by Dr Lakshman Jayaweera,
Chairman of BOI and Zakeer Hussain Ibrahim, Director of SMI Housing.
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Faiszer Mustapha, Deputy Minister of Investment Promotion
presenting the BOI Certificate of Registrations to Zakeer
Hussain Ibrahim, Director of SMI Housing. Inset: Image of
the project. |
SMI’s value proposition is founded on space, privacy, safety and
location. All apartments are spacious, 1,700 square feet, three bedroom
units. Only three apartments are available on each floor, resulting in
one of the most privacy-centric developments in Colombo.
The apartments are designed for maximum functionality with refined
trimmings, including high-end European-standard fixtures and fittings.
A state of the art security and fire-safety system, a fully equipped
gym and swimming pool are additional attractive amenities.
Deal Place is in Colombo’s bustling suburb of Kollupitiya, and in
close proximity to schools, hospitals, supermarkets, shopping malls, a
cinema, restaurants and other recreational activities. SMI is targeting
the luxury, city dwelling customer segment for this complex.
An M1-grade contractor will be responsible for the construction.
Fazrin Ibrahim, Managing Director of SMI Housing, spearheads this
project, whose vision is to encompass unmatched value by providing
tasteful and affordable luxury. |
