With the end of the civil war Sri Lanka is maintaining high growth rate as investment and capital flows into the country. Colombo is Sri Lanka’s largest city, and is recognized as the commercial capital of the country. It hosts one of the busiest ports in Asia and is home to all the major international corporate and governmental bodies that operate in the country. Modern and cosmopolitan in nature, the city has a mix of all the different ethnic identities in the country and as of late a growing expatriate population.
The property market in the city has witnessed increased activity resulting in a demand over the past few years. Overall demand outlook remains positive over the long term as the country is expected to remain in a high growth trajectory for the foreseeable future. The increase impetus towards service industries in the fields of IT, financial services, hospitality and the resulting growth of those industries with global players coming into the mix would result in significant demand for top grade commercial spaces.
Altair offers an unique opportunity to be part of an iconic structure of an emerging economy in Asia, that will forever alter its skyline. Its location is in the midst of the most sought after business and residential districts in Colombo with unmatched views into the beautiful Indian ocean towering over a rapidly developing city.
Designed by the architectural genius Moshe Safdie, the man behind Singapore’s iconic Marina Bay Sands and a host of world-class architects and developers, Altair will truly be a unique opportunity to invest in.
The investment is also backed by South City Projects which brings together magnates in real estate in India and in turn, harness the best in engineering, design, aesthetics and managerial skills. Each of the promoters have an unblemished record in the construction industry and between them have completed more than 100 projects throughout India.
The building is constructed in a prime location of the city overlooking the Beira Lake and is South Asia’s first promenade development.