City Homes Phase II will cater to needs of up market clients
The Rs 350 million City Homes project Phase II would cater to the
housing needs of the up market clients where the demand for housing is
presently on the increase.
“We are confident that this project would be a success and the entire
10 houses of Phase 1 had already been sold. The ten houses of the second
phase would be completed within an year while the City Homes would be a
landmark housing project in the country, City Housing and Real Estate Co
Plc chairman Janaka Ratnayake told Daily News Business.
The company will embark on two more projects in the near future with
the expectation of a positive growth in the real estate sector. We will
build around 40 new houses through the projects at hand within the next
year, he said.
“In creating our luxury housing projects, we have drawn expertise
from the creative reservoir of our designers, architects and builders.
Making sure our clients receive the best service is important to the
company. Our professionally trained staff makes it their mission to
ensure that the clients receive the highest level of service always,” he
The foundation stone laying ceremony of the City Homes in Nugegoda,
Delkanda Phase II, was held yesterday. City Homes Delkanda is ideally
located in close proximity to Nugegoda and within easy reach of
Maharagama and Dehiwela. “As the premier real estate developer in Sri
Lanka, we have the experience and the professionalism to maintain high
standards exceeding the set levels. Our high profile real estate
projects have been acclaimed throughout Sri Lanka and our impressive
portfolio includes, a number of luxury housing projects, aesthetically
designed apartment complexes and exclusive plots of developed land,” CH
and RE Deputy CEO S.A. Lalith said.
With the distinction of being the developer of the largest,
exclusive, super luxury condominium project in Sri Lanka, CH and RE was
also the parent company for Trillium Residencies.
As full time real estate professionals, offering residential and
investment real estate property listings for sale throughout Sri Lanka,
the company’s portfolio of projects include the Elite Rajagiriya,
Liberty Park PittaKotte, Regent Mansions, Walauwatte, Westbury Gardens
Thalawatugoda and the City Homes projects at Wijerama, Pita Kotte,
Ja-Ela and Madinnagoda.
Other completed projects also include The Bungalow Biyagama, Sterling
Park Seeduwa, The Perfect Neighbourhood Mirihana and Unity Gardens
Kadawatha. City Housing and Real Estate Plc was established in 1983, to
promote property development and real estate in Sri Lanka, with a
special emphasis on an eco-friendly environment.
The Phase II of its Delkanda luxury ‘gated community’ development,
would comprise of 10 housing units in a one and half acre property with
a purchase price of Rs 18 million upwards.