Learn How To Buy Land In Sri Lanka And Stay Safe From Real Estate Frauds The land prices in Sri Lanka have consistently seen an upward trend throughout the years. The demand for it ranges from residential purpose to construction, agriculture and leisure. Besides this, there have been numerous searches for the keyword ‘how to buy land in Sri Lanka’ as well. This goes on to show how much of a demand...

Have you always wanted to add a modern touch to your home yet find it absolutely difficult to fit that in to your limited designing budget? Well here are some under the budget interior designing ideas you could use to give your home a new look. 1. USING CROWN MOLDING FOR CEILINGS There is no better way to turn an ordinary home into a high end one than investing on some crown molding...

Jan 14, 2019 (LBO) – Sri Lanka’s proposed Financial City better known as the Port City has now fully completed land reclamation, Ministry of Megapolis and Western Province Development said. The new city will function as a special jurisdiction area with its own economic and commercial laws to facilitate operations of global multinational corporations. The completed city will have reclaimed 269...

Oct 26, 2018 (LBO) – Land prices in the Colombo District during the first half of this year has recorded an increase of 16.3 percent compared to the first half of last year, despite the Central Bank rebased its index. Central Bank said they revised the base period of the index from 1998 to the first half of 2017 to accommodate the recent expansion in the real estate sector. According to data...

Funding delayed by the Japanese Govt. during constitutional deadlock resolved Finance Ministry gets Cabinet approval for JICA funding Concessional loan to be disbursed in tranches with first tranche to be $ 260 m Phase one to be from Fort to Malabe with 16 stops along the 15.3 km line Project to continue till 2024, construction in six phases The delayed $ 1.85 billion loan from the Japan...

By Karen Marsala Sure, regular showers are an accepted part of our morning (or evening) routines. However, since dragging yourself out of your cozy cocoon-like bed can sometimes feel like the ultimate chore, we’ve rounded up a handful of cheerful, mood-elevating shower curtains to help jumpstart your day. We guarantee the below options will put a smile on your face—at least until you realize...

Sri Lanka’s Cabinet of Ministers has approved the tax amendments proposed by the Finance Minister Mangala Samaraweera in his Budget 2019. Accordingly, the Cabinet has approved the Amendment Draft Bills on Nation Building Tax and Value Added Tax (VAT). The Finance Ministry said all the amendments, once drafted by the legal draftsman will be presented to Parliament for approval in September. Thus, the...

As a landlord, you are responsible for providing a habitable environment for your tenants before the tenant’s movers start unloading their stuff.. That means that your property should not be a hazardous place. You should take care of any safety concerns before your tenant moves in to avoid lawsuits and future damage to the property. Some new rental property owners and...

Living in an apartment sometimes may seem like a bad thing at first, particularly in the main city of Colombo. This is because most of these aren’t exactly spacious, and even if they are, Colombo apartments aren’t all affordable! However, if you knew exactly what you should be looking for, finding an affordable and spacious apartment or any sort of property for sale, isn’t so hard! Here are...

NEMRA Property Development was awarded the Board of Investment (B.O.I) Certificate by the Ministry of Investment Promotions, Upul Jayasuriya....