Real estate in Sri Lanka is on the upswing, a recent article on Forbes carried 10 reasons as to why Sri Lanka posses good investment opportunities.
Construction giant Shapoorji Pallonji has been appointed the main contractor for Sri Lanka’s Altair residential twin tower in Colombo.
Altair, the peerless twin-tower luxury condominium development in Colombo 2, has announced the award of its shoring contract to Sincon International, a specialist construction company headquartered in Singapore.
As part of the company’s activities in Dubai, Altair recently supported the annual dinner dance of the Lanka Lions Sports Club in the UAE, the proceeds of which go to charity.
The latest presentation by Altair was at a cocktail hosted by the company at the Westbury Hotel Mayfair, in London’s West End. The event was attended by a cross-section of professionals, business people and investors including investment bankers, property fund managers and Real Estate Investment Trusts (REITS).
Sri Lankan doctors in the United Kingdom recently received a firsthand introduction to Altair, the breathtaking 68-floor architectural masterpiece under construction on Colombo’s Beira Lake waterfront.
Altair, the iconic 68-floor luxury condominium under construction in Colombo 2, sponsored the Hospitality Suite at the Silver Jubilee edition of the annual seven-a-side cricket tournament the ‘Festival of Cricket’ in London recently.
And so it was that neighbours and passersby were treated to the sight of a helicopter bristling with cameras hovering at different heights over 127, Sir James Peiris Mawatha, Colombo 2, the former Colombo Commercial Co. property, from which the unique Altair twin tower luxury condominium will soar to 68 stories over the next four years.
Former Head of Sales & Marketing of John Keells Property Group appointed President – Sales & Marketing for game changing condominium development
Construction work on Altair, Sri Lanka’s tallest luxury condominium, is on track with the completion of 100 of 288 piles targeted for March 2013, INDOCEAN Developers, the promoter of the iconic project reports.