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Altair soft opening

March 15, 2021

ALTAIR the internationally acclaimed architectural icon is on the cusp of completion. This breathtaking edifice which has transformed the perception of Colombo from being a dreamy South Asian back water to a pulsating cosmopolitan metropolis is the brainchild of the living legend Moshe Safdie, creator of Marina Bay Sands and the Jewel in Singapore, Telaviv’s Holocaust Museum, Montreal’s Habitat 67, Kauffman Centre, Kansas, amongst others.

ALTAIR which will no doubt be a Picture Post Card representation of Sri Lanka comprises of 404 luxurious apartments with ventilation, light, privacy and the optimally laid out living spaces as its’ design guidance.

The Soft Opening of the Common Areas of ALTAIR was held on Friday the 12th of March 2021 under the auspicious of Hon. Nalaka Godahewa- State Minister of Urban Development, Coast Conservation, Waste Disposal and Community Cleanliness, Her Worship the Mayor Mrs Rosie Senanayake and Dr. Rakesh Panday Head of Economic and Commercial Affairs Indian High Commission.  

Mr. Sirinimal Perera, Secretary to the Ministry of Urban Development & Housing and Special Authorised Officer ALTAIR,Mr. Shamahil Mofhideen Advisor to Altair, Mr. Sanjaya Mohottala Chairman BOI ,  Mr. Malik Fernando – Chairman, Altair Owners Association, Mr. Pradeep Moraes Director Indocean Developers (Pvt) Ltd , Dr. Nirmal De Silva – Representative of Southcity Group, Kolkata, Mr. Manmohan Bagree,- Vice President, Southcity Projects, and Mr. Malliarjuna Country Manager Shapoorji Pallonji International were in attendance as were Senior Officials of UDA, and the Syndicate Banks, and Senior Representatives of the Contractors, Sub Contractors and Consultants.

There was a symbolic handover of 5 apartments to owners selected from those who had completed their full payments at the earliest date, and also to two owners who had been first to book the property.

The completion of ALTAIR albeit delayed is eagerly anticipated and handover of apartments would commence in the next few months.The Project is on 2 acres of land leased from the UDA for 99 years which converts to Freehold  status upon completion of apartments and the execution of Deeds of Transfer .

A one of a kind architectural and engineering challenge, the construction and finishing of ALTAIR posed many complexities which affected construction schedules and a protracted shareholder dispute further delayed activities.

There is now a settlement between shareholders which augurs well for the speedy completion and expeditious handover of this epitome of architectural excellence.

The condominium is approx. 70% sold and the developers are confident that on completion, a high percentage of the many expressions of interest that are in the pipeline will convert to sales.

The team behind Altair development
Nalaka Godahewa lighting the oil lamp
Surinimal Perera lighting the oil lamp
Pradeep Moraes lighting the oil lamp
Malik Fernando addressing the audience