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Luxury apartments in Sri Lanka

Development Progress – October 2017

October 30, 2017

 

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

 

 

Altair goes for Italian marble flooring

May 15, 2017

Colombo’s architectural marvel Altair has announced that its 400 apartments will have floors finished in Italian Botticino marble, following a decision by the developer to upgrade from marble sourced from Central Asia or the Middle East, as originally proposed.

The upgrade at the developer’s own volition, represents a significant value addition at no extra cost to the buyers of the apartments, and demonstrates Altair’s commitment to exceed customer expectations wherever possible, the company said.
Towards this end, Altair Directors Pradeep Sureka and Pradeep Moraes recently visited quarries and processing facilities in Vincenza, Verona, Brescia and Chiampo in Northern Italy, the home of the best Botticino Marble, to handpick suppliers for the project.

Botticino Marble has very low porosity and ferrous content and is extremely hard and robust, making it ideal for installation in the humid conditions of Colombo.
“Our commitment to customers was to provide marble from Central Asia or the Middle East,” Moraes said on his return to Colombo. “However, we are constantly looking at ways of improving our offering, because Altair is intended to be the benchmark in luxury living in Sri Lanka.”

He said Altair has already pleasantly surprised buyers of its apartments by over-delivering on several promises by offering them numerous value additions including extensive home automation, chilled water air conditioning, double-glazed windows, Duravit sanitary ware from the Philippe Starck designer range, a concierge-serviced Reception with Quintessentially Lifestyle and free hotwater.

“Although about two thirds of the construction has been completed, it is our intention to continue to upgrade our offering wherever opportunities arise,” Moraes added.
Now at its 57th level on the vertical tower and the 53rd on the sloping tower, Altair will on completion comprise of a 63-storey tower which leans into a taller, 68-storey tower. Acknowledged as a game changer in contemporary living in Sri Lanka, the Altair building has already brought a new dimension in aesthetics to Colombo’s skyline. It is intended to be a one-of-its-kind development in South Asia in terms of architectural design, structural engineering, and living experience. Altair will offer its 400 apartments spectacular views of the Beira Lake, the Indian Ocean and the city of Colombo. The development’s 1.5 million square feet of high-end eco-friendly living space will be supported by 40,000 square feet of supportive up-market retail space.

Taken from – Ceylon Today 

Development Progress – March 2017

March 22, 2017

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

 

Surbana Jurong Group Visit to Altair

March 9, 2017

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Altair in Shanghai for Luxury property show (LPS Shanghai)

January 11, 2017

 

altair team inside the altair booth at LPS Shanghai.


visitors at LPS Shanghai.

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Development Progress – November

November 10, 2016

The latest images of Altair, soon to grace Colombo’s skyline with luxurious living. Scheduled to open in 2018.

Development Progress – September

September 27, 2016

The latest images of Altair, soon to grace Colombo’s skyline with luxurious living. Scheduled to open in 2018.

Altair breaks new ground with live stream from construction site

June 9, 2016

Extracted from The Daily Mirror

Sri Lanka’s showpiece high-rise project Altair has broken new ground in the local property development market by installing a 24-hour live stream from construction site, enabling anyone to monitor progress.

A new dimension in transparency, the live feed can be accessed via the Altair website www.altair.lk from anywhere in the world. It provides a real-time view of construction work from five different angles, with the views switching every 12 seconds.

“Approximately 45 percent of our customers are overseas buyers,” Altair Director Pradeep Moraes said. “This first-of-its-kind facility enables them to watch the building rise and take shape whenever they want to. It’s a simple and convenient way to track its progress.”

“Because of the iconic stature of the project and its unique architecture, there is also a great deal of public interest in the building, which is why we have made the live feed accessible to anyone who visits our website,” Moraes added.

By end-May, the twin towers of Altair had risen to the 16th level. On completion in 2017, the building will comprise of a 63-storey ‘leaning’ tower and a taller 68-storey vertical tower, with 400 luxury apartments that offer spectacular views of the Beira Lake, the Indian Ocean and the city of Colombo. The building is designed by the legendary global architect Moshe Safdie.

Visitors to the Altair website can go also follow the rise of the building over the past one year through a series of still images that depict monthly progress by clicking on the ‘News’ tab and selecting ‘Development Progress.’

Designed to be a game changer in contemporary living in Sri Lanka, Altair will bring a new dimension in aesthetics to Colombo’s skyline. It is intended to be a one-of-its-kind development in South Asia in terms of architectural design, structural engineering and living experience. The development’s 1.5 million square feet of high-end eco-friendly living space will be supported by 40,000 square feet of supportive up-market retail space.

Business delegation from Oman visits showpiece Altair site in Colombo

May 23, 2016

Extracted from The Island

Sri Lanka’s showpiece high-rise residential development Altair has ignited serious investor interest in Oman, following a recent sales visit targeted at high net worth individuals in the Sultanate.

The visit generated multiple sales to Omani nationals and was followed by a visit by a delegation of the Oman Chamber of Business and Commerce to the Altair office in Colombo and the construction site.

The Omani delegation held discussions with representatives of the management of Indocean Developers, the promoter of Altair, on the investment potential of the apartments offered and the progress of the project and also visited the show apartments at the site.

Altair is represented in the Sultanate by Anselm Perera, CEO of Business Process Outsourcing Services LLC (BPOS) Oman, who counts 42 years of experience in that country, two decades of which were as Chief Operating Officer of HSBC.

“We are greatly encouraged by the degree of interest Altair has generated in numerous overseas markets including the UK, USA, Australia and Japan,” Altair Director Pradeep Moraes said. “This is an affirmation of the global stature of the development, and its unique architectural and structural aspects. Well before its completion, the building has captured wide international attention.”

Designed by the celebrated global architect Moshe Safdie and projected to be a game changer in contemporary living in Sri Lanka, Altair will bring a new dimension in aesthetics to Colombo’s skyline. It is intended to be a one-of-its-kind development in South Asia in terms of architectural design, structural engineering, and living experience.

Comprising of two tower blocks, one of 63 storeys which leans in to a taller, 68-storey tower, Altair will offer its 400 apartments spectacular views of the Beira Lake, the Indian Ocean and the city of Colombo. The development’s 1.5 million square feet of high-end eco-friendly living space will be supported by 40,000 square feet of supportive up-market retail space. The building is scheduled for completion in 2017.

With rental yields of 8 – 10 per cent and capital gains of over 15 per cent recorded in the luxury apartment sector in Sri Lanka, developments such as Altair attract attention in countries where there is significant investor interest in the country.

Lotus Tower — A beacon of the Colombo skyline in the vicinity of Altair

April 25, 2016

Colombo’s skyline is rapidly changing. Altair is set to be one of the city’s tallest structures, standing at 240 meters high. Towards the North-East side of the Altair apartments is the new Lotus Tower now under construction. Standing 350 meters high it’s billed to be the tallest structure in South Asia.

The Lotus Tower will primarily function as a transmission tower but will also include shopping centres, food courts, banquet halls and a revolving restaurant. There will be an observation deck and high speed elevators, which can reach the observation deck in less than a minute. The facility is complete with an underground car park for 2,000 vehicles and is expected to be a hub of activity with sports, shopping arcade and entertainment facilities to be built in and around the tower.

During national festivities, the Lotus tower will have special displays which will be a special treat for the residents of Altair. Due to the unique locational positioning and and vistas afforded by Altair , the Tower will be visible from no fewer than 5 different types of Altair flats i.e  A, D, E, G and H. These flats have a great view of the Lotus tower in all its glory.

To catch a glimpse of how the lotus tower may view from these apartments, see the videos in our views section.

Both iconic landmarks in Sri Lanka, the Lotus Tower and the Altair Apartments in Colombo are to be completed by the end of 2017.

Learn more about the Lotus Tower