Luxury Condos Sri Lanka

Development Progress – March 2017

March 22, 2017

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


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.





Otis to Supply Sri Lanka’s Fastest Elevators to Country’s Tallest Residential Project

June 20, 2016

Otis has been selected to provide high-speed elevators to the prestigious Altair project in Colombo, Sri Lanka, which when complete will be the tallest residential building in Sri Lanka and will have the country’s fastest elevators. Otis, the world’s largest manufacturer and maintainer of people-moving products, is a unit of United Technologies Corp. (NYSE: UTX). Elevators Private Limited, a JV entity between Otis and Aitken Spence, will install the elevators.

Altair will reach 240 meters — 68 floors — consisting of two towers with one tower leaning against the other. Indocean Developers (P) Limited, a venture of South City projects (Kolkata) Limited, chose Otis to supply a total of 19 elevators, including Sri Lanka’s fastest elevators with a travel speed of 5 meters per second.

“Altair is a unique project with requirements that stretch beyond the ordinary – it is exclusive. Otis’ technical know-how and credentials gave us the confidence that would be the right fit” said Pradeep Sureka, Director, Indocean Developers (P) Limited.

“Otis’ worldwide experience in delivering vertical transport solutions in tall buildings, coupled with their strong local presence, made them the right choice to provide us with elevators for Altair,” said K. M. Sathian, Director (Projects), Indocean Developers (P) Limited.

Altair hosted Cocktails for the Indian CEO Forum

July 26, 2015

Altair, To be one of the best condos in Sri Lanka hosted cocktails for the Indian CEO forum at Taj Samudra hotel Colombo. Facilitating his excellency Y.K. Sinha, the Indian High Commissioner and Mrs. Sinha









The vicinity around Altair Luxury Residencies to become a major entertainment and recreational hub

March 20, 2015

The new government’s intention on reviving the Colombo Megapolis project include making the Beira Lake area a major entertainment and recreation hub.

More developments are on the horizon in Sri Lanka as plans to modernize Colombo and the greater Western Province into a regional hub are in full swing, with the assistance and support of a Singaporean firm (refer source below). The plan will revolutionize and transform the entire Western Province into one of South Asia’s most prominent region, housing around 8.3 million people and stretching all the way from Beruwala to Negombo with Colombo as the core city. Colombo, in particular, will evolve into a major centre capable of competing with other regional giants.

The Beira Lake region will become a key attraction of Colombo by evolving into its major entertainment and recreational hub. The area, already known for its beauty, will become an even more welcoming sight by hosting the Altair Sri Lanka luxury apartment towers among an array of entertainment and recreational options that would satisfy even the most insatiable entertainment enthusiast.

Amid increased business activity in southern Indian cities such as Chennai and Bangalore, the establishment of the Western Region Megapolis would instantly make it attractive to many foreign businesses. In addition to its appeal to foreign businesses, the plan is also very good for locals as it embodies a “live-work-plan” concept that promotes a higher quality of life by enabling people to live within close proximity to their workplaces. It is clear that this plan will not only benefit business but also the day-to-day livelihoods of Sri Lankans and it’s foreign residents.

Greater regional planning and organization will make the region instantly become a beacon of investment, prime real estate and luxury in South Asia. With luxury and revolutionary development projects like Altair Sri Lanka already underway, this initiative will undoubtedly lead to greater property investment and the accentuation of Colombo as the crème de la crème of South Asian mega-cities. Luxury Condominiums in Sri Lanka.

For more on this topic: http://goo.gl/DMv6AD, http://goo.gl/F7M5jy

Altair Hosts Cocktail for Show Apartment Opening

August 5, 2014

Altair, the architecturally-unique, 400-apartment twin-tower high-rise condominium at Sir James Peiris Mawatha, Colombo 2, opened its ‘Show Apartments’ at the site at the beginning of August.

To celebrate this iconic event Altair hosted a cocktail party inviting Colombo’s elite over the course of 4-days to display the Show apartments in all its glory.

Designed by the globally-recognised celebrity architect Moshe Safdie, Altair comprises of two tower blocks, one of which leans in to the other.The taller of the two towers will rise to 68 stories and both towers will offer residents spectacular views of the Beira Lake, the Indian Ocean, the city of Colombo or a silhouette of the central hills.This luxury residential project is scheduled for completion in 2017, one if its kind luxury condominiums in Colombo.