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Own your Luxurious Apartment at Luxe Highway Residencies Condo

Nalin Herath CHAIRMAN / MANAGING DIRECTOR

Apartment living in present is increasingly becoming popular among Sri Lankans because of ease of maintenance, security and safety, privacy within a close community, easy and economical access to amenities, and close proximity to anything you need. On the other hand Apartment ownership goes beyond just extravagant living since living in apartments is also energy and eco-environmentally efficient. One of the leaders in Sri Lankan Real Estate industry – Home Lands (Pvt) Ltd recently launched the company’s flagship Condominium project ‘Luxe Highway Residencies’ recently and we recently had an interview with Mr. NalinHerath a qualified Licensed  Surveyor who leads Home Lands to share his thoughts on what Luxe Highway Residencies have to offer.

 

Could you tell us about your company?

Our company Home Land Holding (Pvt) Ltd is one of the leading real estate developers and sellers in Sri Lanka. Originally the company was founded in 2003 and we have completed a number of land projects around the country including most valued land plots in some finest residential locations catering to income groups in lower, medium and high income groups of Sri Lanka.

At a glance today we as Home Lands have over 750 projects in our portfolio with over 60 ongoing projects and 15,000 clients. Our land bank consists over 2,000 land plots around the country. We entered in to real estate sector with my over two decades experience in surveying, land plotting and developing and other infrastructure development works. And I was a former consultant to many of property development projects carried out by some of the largest real estate groups in the country.

 

What is your view about Sri Lankan Real Estate Market?

Globally housing has become one of the most important issues to be addressed amidst world population forecasted to be around 8 billion and in Sri Lanka we are talking about over 20 million population and over 5 million families in times to come. However still many Sri Lankan families are either living on rented properties or occupying their ancestral inherited properties due to exorbitant and shooting up prices in the real estate market and the property market. Therefore although many would like to build their own home most of them find it difficult and unaffordable due to rising costs. So it is important we as real estate developers come up with novel cost effective affordable solutions to cater the market demand. In Sri Lanka most of them invest their hard earned money to build their own home or apartment with a considerable investment which is considered an investment that is done for at least several generations to come. Under these circumstances we have come forward in providing affordable condominiumprojects such as ‘Luxe Highway Residencies’.

 

Where is your new Condominium Project located?

‘Luxe Highway Residencies’ is a Twin Tower Condo project where each tower will rise to 10 floors and will have 56 Apartments including 4 Penthouses. The total project will have 112 apartments in total. The project  brings sumptuous modern vertical dwelling to the emerging suburban city of Kottawa, which is poised to be an important Economic Center of the island. Kottawa will be a key suburban location and a Transportation Hub in the planned Colombo Megapolis under the new development plan of the Government. Located in the intersection of the Outer Colombo Highway System and the Southern Expressway, Kottawa will also have easy access to major cities and to the airport through a high-speed road network that will add more value to the people who seek to have an apartment from this project.

 

What are the other amenities available at Luxe Highway Residencies?

Luxe Highway Residencies   will have an on premise supermarket, bakery, café and restaurant, a beauty parlor, Pharmacy and a laundry to meet aspirations for convenient living.Apartments have been one of the most stable and safe types of real estate investments and they have performed significantly better than other types of investments in the long term so Luxe Residencies offer an early mover advantage  in a fast developing locality, where the asset value is expected to rise rapidly. Luxe Residencies also plans to have a large rooftop gardens with a BBQ Pavilion that provides breathtaking panorama of the scenic surroundings and space for social and recreational activities in the city. The Condominium will also include a state-of-the-art Gym that provides a convenient place to build up a sweat, and a Pool is the perfect place for residents to relax. There will also a community hall for socializing and a function room to host celebratory events.

 

Could you tell us about the ‘Apartment’ Designs and other facilities available for each Apartment?

The project offers and impressive amenities and community features and offer all the modern conveniences you expect. To meet the needs and preferences of homeowners, Luxe Highway Residencies offers four different apartment designs – from 2 Bed Room Apartments for those who prefer compact living to sprawling Penthouses for spacious vertical dwelling. All units are fully air conditioned with split type units and fully fitted with a modern pantry with gas connection. Three bed room apartments come in two different designs and the sprawling Penthouse is for those who longed for luxury with ample space for dining, entertaining, living, recreation, working and working out. The Penthouses can be customized to suit the needs and preferences of the home owners. At the completion of project each Apartment will have its own reserved parking space while Penthouses have two parking units, while fifteen parking spaces are reserved for guests.

 

What about the utilities and other services available at Luxe Highway Residencies?

At Luxe Highway Residencies each apartment has its own reserved parking space while penthouses have two parking units, while fifteen parking spaces are reserved for guests. Two high-speed elevators service each apartment tower. The underground sump and overhead tanks provide uninterrupted water supply to all apartments and common areas and stand-by generators ensure continues power supply.

 

How could we buy an apartment in Luxe Highway Residencies?

We have affordable plans available to people who are expecting to own an apartment at Luxe Highway Residencies. You can contact Home Lands Skyline (Pvt) Limited today via our hotline  +94 703 888 888 or info@homelandsskyline.lk or perhaps you could visit our office at No. 1060, Pannipitiya Road, Battaramulla. We are a leader in Real Estate industry in Sri Lanka and our company has delighted and won the hearts of over 15000 trusted customers in all regions of the island; meeting their property and real estate needs through innovative solutions.

1 Comment for “Own your Luxurious Apartment at Luxe Highway Residencies Condo”

  1. So how much is an apartment and annual maintenance costs. And who could afford it, middle income and below? What would the costs and installment of a term loan be for the various periods.

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