Aster Residencies Nugegoda nears completion | Daily News


Aster Residencies Nugegoda nears completion

Aster Residencies (Pvt) Ltd announced the completion of the building structure of its flagship residential project in Nugegoda, the 10-storey Aster Residencies. Located in the tranquil environs of Poorwarama Road, Nugegoda, the building is scheduled to be completed in November this year. This BOI approved condominium project has come to life as a joint venture between Aster Residencies (Pvt) Ltd and Maga Engineering, the leading construction company in the country.

The apartment complex encompasses 10 residential floors which offer two and three bedroom apartments equipped with high quality modern fittings.

The layout of each apartment has been designed to maximize the use of floor space and the result is a fully-fledged abode of your dreams. There are 50 apartment units in total.

The objective of project has been to offer high quality yet affordable apartments which are designed to cater to the needs of corporate sector managers, executives and entrepreneurs who seek a high standard of living, coupled with convenience and quick access to the city of Colombo.

Commenting on the project, Chairman and Managing Director of Mäga Engineering M. G. Kularatne said, ‘We commenced this project in July 2017 and I am pleased note that the project is progressing on schedule. I would like to commend our dynamic project team for their commitment to deliver an affordable yet high-quality apartment complex, a rarity in the market today. The project’s vision has been to combine good design, exceptional quality, a broad range of amenities, right location and affordable pricing – the realisation of these five factors has manifested through the overwhelmingly positive response the project has generated.”

“Despite a challenging market, the project has been a success due to the quality of housing solutions we have offered at a competitive price point, to buyers who seek to reside in the bustling town of Nugegoda”, noted the Head of Sales of Aster Residencies (Pvt) Ltd Tuan Fawaz said. “The location was also a key driver for our success and we have been able to complete over 70% of sales. We invite buyers who dream of owning a quality apartment close to Colombo to visit our model apartment and witness the project first-hand.”

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