Daily Mirror (Sri Lanka)

MBSL introduces two new real estate projects

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The Merchant Bank of Sri Lanka and Finance PLC (MBSL) has newly introduced two real estate projects in Madampelle and in Negombo Marawila.

Customers will now have the opportunit­y of purchasing exquisitel­y residentia­l land slots from these projects.

One of which of these two new projects at Katana-katana Madampella, ‘Dolce Vita’ is situated next to a pristine environmen­t of a paddy field facing the Negombo-meerigama 251 bus route. The next project at Marawila Town, ‘La Paradise’ is located very close proximity to the Marawila town, adjacent to Colombo-chilaw main road.

Enhanced with key residentia­l convenienc­es such as running water supply, three-phase electricit­y, fully developed road networks and tranquil atmosphere of the living environmen­t, these projects are well suited for potential high and middle income clienteles.

In addition to that, the MBSL states that land slots of these two projects can be reserved by paying the total amount in full with impressive discounts or through easy payment loan schemes and free washing machine or a Samsung TV.

MBSL has introduced increasing­ly beneficial payment facilities for the customers of the said real estate projects. Just by paying Rs. 100.000 in cash, the buyers will be able to reserve the desired land slot and the rest can be settled within two weeks, which would include a special discount as well.

Or else, 40 percent of the total amount of the land slot can be paid within two weeks of reservatio­n and a bank loan facility can be obtained for the remaining 60 percent of the amount to be paid. As a third option, customers are enabled to pay 50 percent of the land slot value within two weeks of reservatio­n; then to pay the remaining amount in six equal installmen­ts on interest free basis.

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