The investment opportunities in Sri Lanka’s property development sector generated significant interest at the 2019 Luxury Properties Showcase Ltd. (LPS) exhibition in Shanghai, China, according to Altair, one of the leading participants from South Asia at the invitation-only event, which attracted a record 12,500 elite property investors from around the world.

The RCGC Altair Open Championship was contested by 60 golfers from all over the Country with M.Dharma from India, being the sole overseas entry from overseas.

“Cities must have iconic buildings and structures; this is key to a city’s uniqueness and character,” says Mohandas Saini, Managing Director and CEO of Shapoorji Pallonji International.

Amid concerns of a real estate bubble forming in the high-end segment, Indocean Developers Director Pradeep Moraes spoke to Daily FT on industry prospects, possible policy assistance and rejected concerns of unsustainable growth.

The latest images of Altair, one unique luxury residential projects in Sri Lanka, soon to grace Colombo’s skyline.

Moments captured during Vesak 2017 from Altair Residencies the Tallest residential project in Sri Lanka.

The apparent boom in the luxury apartments market is not a bubble the industry claims, with future buildings pointing to great potential and investments despite some concerns.

Sri Lanka made its strongest effort to woo interest from Hong Kong-based companies, fund managers and investors, highlighting recent macroeconomic progress as well as measures to boost higher inclusive growth from which foreign firms could benefit.

The latest images of Altair, soon to grace Colombo’s skyline with luxurious living.