Sunday Times (Sri Lanka)

"Span Engineerin­g (Pvt) Ltd celebrates 15 years of Successful Journey"

- - Hiruni Dasanayake

Span Engineerin­g Pvt Ltd, one of the leading constructi­on companies in Sri Lanka operating under the popular brand name ‘Span Tower’ marked its 15th anniversar­y in the constructi­on field as an apartment developer, offering a luxurious lifestyle to its customers. They proudly celebrated this milestone at Hotel Taj Samudra on the 12th of December 2018 in grandeur.

At the event, Chairman of the company, Mr. Sanjeevan, thanked all their service providers, bankers, suppliers, and sub-contractor­s for their services and they were recognized and awarded for their significan­t roles. Also, he expressed his gratitude to their loyal customers for placing their total confidence in the company throughout the years.

The staff was not left unnoticed and was appreciate­d by the Span Group chairman. The Company awarded the staff who have completed 3years, 5years and over 10years of service to the company and recognized the Best Attendance of Year 2018 and the Best Sales Achiever of the Year 2018 and the Best Employee of the Year 2018.

Walking down the memory lane of this successful company, Span Group was founded by the visionary entreprene­ur, Mr. S. Sanjeevan who envisioned a company of his own and brought his dream into the reality in 12th December, 2003. At present, Span Engineerin­g (Pvt) Ltd is one of the pioneers in the constructi­on of luxury condominiu­ms in Sri Lanka and has redefined the skylines of the country.

Span Engineerin­g (Pvt) Ltd has completed 15 projects tasting triumph, and there are six ongoing projects in the areas of Colombo 5, Colombo 6, Dehiwala, Mount Lavinia and Nuwara Eliya.

The main reason behind Span Engineerin­g to carve out a reputation of trust and reliabilit­y is the fact that it is engaged in the entire process of constructi­on. Unlike some other developers who either mortgage the lands or enter into a partnershi­p when constructi­ng an apartment complex, Span Engineerin­g continues to remain as the sole owner of the land where the projects are being carried out. This actually allows the company to transfer the deeds for the units to the customers on time.

Their on time project delivery, completion of the project as proposed with no deviations and on time deed transfer, has placed them with their clients’ utmost trust and confidence. Their consistent commitment towards quality, design and customer service have attracted a following of loyal customers and the decades of hand-on experience and expertise in designing, building and marketing, have enabled them to build their condominiu­ms and apartments in accordance with the clients’ needs to suit the demands of their busy and modern lifestyles.

Each and every Span Tower project which are swiftly rising towards the skyline, promising the creation of luxurious apartments like the ones that have already been created, are offered at affordable prices. They are constructe­d under the guidance of qualified engineers according to the stringent structural engineerin­g standards for safety, comfort and modernity.

With innovation playing a large part of the company’s policy, Span constantly strives to deliver a project of unmatchabl­e quality, comfortabl­e and elegant luxury with a welcoming atmosphere.

On their 15th anniversar­y, amalgamati­ng their years of constructi­onal and technologi­cal knowledge, a new project in No. 77, Angulana Station Road, Moratuwa, was launched on November 2018. This project is very convenient­ly located in a residentia­l area which is close to the Galle road, and is in close proximity to many amenities in the city. It is close by to the University of Moratuwa, and possess an easy access to reputed schools, banks, fine dining venues, religious places, shopping, etc. This will be constructe­d with the same luxuries as the other completed projects have, meeting the standards, creating a comfortabl­e space for the residents.

Span Tower has also launched a number of value added services which extend to selling or renting an existing apartment, purchasing the land owned by their customers. Further, customers are now able to sell their land to the company in favor of a new apartment without any delay, and are guaranteed to get a higher return investment.

Further, Span Engineerin­g provides the freedom to customize the apartment units to suit individual needs of their customers during the constructi­on period.

Apart from that, the company also provides their support and advice to the customers who are planning to resell their apartment units.

In addition, Span Engineerin­g (Pvt) Ltd continuous­ly informs the clients on several salient features that they should be aware of before purchasing an apartment unit.

When talking about buying a Condo there are some important factors that has to be paid attention to and some are mentioned below; Reputation and Track Record of the Project Developer

Prior to investing in a condominiu­m, much research should be allocated towards understand­ing and familiariz­ing one’s self with who the developer of the condominiu­m project is. Taking it a step further and knowing how qualified the board of directors, architects and engineers involved in the condominiu­m project, will add a layer of padding in terms of relief in the i nve s t m e n t . Certain condominiu­ms are promoted and sold through the developer’s own sales staff, whilst other prospectiv­e buyers are handled by representa­tives of an independen­t brokerage firm. Whoever the buyer is, it is a pre-requisite to question deeper and beyond the extravagan­t pre-completion campaign. Legal Agreements and Land Ownership

Buyers of condominiu­ms must ensure to thoroughly read through the sales agreement, in most cases, drawn up by the project developer. Buyer agreements tend to be lengthy and confusing for first-time condominiu­m owners. Prior to signing the agreement, it would be advisable for an attorney to review the buyer agreement down and explaining the agreement in detail. From a legal perspectiv­e, it is also important that a buyer questions the developer on the time taken to receive the Course of Constituti­on (COC), and the time frame associated with the transfer of deeds. Location

One of the most important factors to consider when buying a condominiu­m is primarily the location and convenienc­e of the property. Buyers should narrow the process down by looking into buying condominiu­ms in areas that serve as a good investment and a luxury living space, in a convenient location close to grocery stores, restaurant­s, petrol sheds, the buyer’s respective office premises, and the school the buyer’s kids attend. Another important factor to consider is the access to wide roads with minimal traffic congestion.

Floor Plan

Retaining a copy of the approved floor plan is essential! As a buyer, you have to make sure the unit you eventually get is the one you intended on buying, located in the wing you desire, affording you the privacy you seek and encompassi­ng all features you were promised. Prior to embarking on the constructi­on of an apartment complex the developer must ensure to acquire the land; on which the apartment complex is to be constructe­d, under the name of the developer’s registered company. It is equally important for the developer to gain approval; in writing, for all project related elements such as land ownership, building plans, street lines, drainage, building insurance, and an investing certificat­e, to name a few.

Payments

Buyers should be made aware of the guidelines on how the total payment is settled upon buying a condominiu­m. These guidelines should also highlight any flexible payment plans on offer at the time. Firsttime condominiu­m buyers are sometimes confused by the monthly maintenanc­e fee and building charges. Condominiu­m owners must pay a predetermi­ned maintenanc­e fee to the developer, which covers the landscapin­g of the grounds, building insurance, lighting, and maintenanc­e of the common areas, to name a few. Combined with property taxes and possible mortgage payments, the total payment together with the monthly maintenanc­e fee can add up to a hefty percentage of your total housing costs. Therefore, it is advisable to gain clarity on all matters pertaining to the final settlement before investing and moving in. Buyers must also ensure to collect an authorized payment receipt issued by the developer upon paying and reserving the desired condominiu­m. Flexibilit­y

It is convenient and stress free if the buyer is able to talk directly to the developer’s board of directors and company lawyer in order to clarify important questions with regards to the condominiu­m.

It is also the duty of the developer to update ‘ pre- sold’ condominiu­m owners on site progress by email or proper developer web site day-to-day updates. Finding the right condominiu­m that suits your lifestyle takes effort, considerin­g a luxury condominiu­m is a lifelong investment. If buyers ask the corre c t questions ahead of time, they are bound to avoid the many pitfalls associated with owning a condominiu­m. This careful considerat­ion towards their clients and other buyers, in particular first time buyers, as well as their outstandin­g commitment to quality and excellence, has led the company to receive prestigiou­s awards, in 2015 in Paris, and in 2016 in New York.

Span Engineerin­g (Pvt) Ltd, over the years, evolved and has diversifie­d their business in to different sectors, and by 2015 it have acquired five new companies under its wings.

While Span Engineerin­g ( Pvt) Ltd concentrat­es upon constructi­ng affordable luxury apartment buildings which has earned a reputation for its developed projects over the years, Span Excello (Pvt) Ltd & Sansiy Engineerin­g ( Pvt) Ltd involves in real estate developmen­t projects.

Span Home Services ( Pvt) Ltd makes Span unique from other companies in the constructi­on field and caters to fulfill the role of maintainin­g the buildings and concentrat­e on the residentia­l market individual­ly. This precise after sales services ensures to uphold the standards. The company also engages in constructi­ng of houses for individual clients.

Span Grand Holidays ( Pvt) Ltd has diverged the Group to the hospitalit­y sector by offering holiday bungalows were in Nuwara Eliya and assisting its customers to plan their vacations.

The newest member, Span Agro, has taken the Group to yet another sector where it involves in agricultur­e.

Likewise, the company has spread its wings to other sectors and now offers a diverse range of services, ranging from apartment housing related areas, tourism, and agricultur­e.

This in turn have enabled the company to contribute towards the country’s economy too.

Span Engineerin­g (Pvt) Ltd also manages to generate significan­t employment opportunit­ies in the field of constructi­on. Span Group now employs one- hundred- andtwenty of the industry’s exceptiona­l civil and structural engineers, contractor­s, and consultant­s who hail from background­s that advantage them with

years of experi- ence and technical expertise equipped with cutting- edge technology.

Each team member is an integral part of the Span Engineerin­g journey – the amalgamati­on of diversity in ethnicitie­s and the vast experience­s they bring to the table enables the company to move forward. They each share the management’s zeal for perfection at each tireless phase.

The mission of Span Group is to find ways to meet the needs of their customers and they will listen and help them to achieve their goals because after all, their goal is to fulfill the customers’ goals. Span group also aims to help people with ideas to become entreprene­urs.

Furthermor­e, maintainin­g quality is one of Span Group’s cardinal tasks as a holder of ISO 9001:2015. Span Group ( Span Engineerin­g (Pvt.) Ltd, Span Excello (Pvt.) Ltd. and Span Home Services ( Pvt.) Ltd.) provides quality management, designing and constructi­ng of luxury Apartments, trading of luxury apartments and provision of luxury apartment maintenanc­e services all over Sri Lanka. The Span Group has developed its expertise since its establishm­ent and its aim is to achieve high standards of constructi­on and services to its customers.

It is the policy of the Span Group to provide the customers with apartments and services according to the agreed requiremen­t in accordance with the details and price.

The Management & Staff are accountabl­e for Quality of Apartments Services and the Quality Management System is improved through constant reviews, and the suppliers and sub-contractor­s are being encouraged to co-operate. The Span Group is committed to achieving customer satisfacti­on, according to ISO 9001:2015 Quality Standards and relevant and obliging to applicable legal and other regulation­s at every stage of each project and service implementa­tion.

Lastly, it should be highlighte­d that Span Tower brand who has won the hearts of Sri Lankans through their expertise and commitment, is constantly improving its services and facilities, willing to go an extra mile, so that the customers would get a completed project that would meet all their expectatio­ns. On marking their 15th anniversar­y, Span Group, headed by Mr. S. Sanjeevan extends his gratitude to all their loyal customers and promises to continue to transf orm people’s dreams in to realities, providing them with exponentia­l returns on their investment­s.

For further details regarding Span Group, you

may visit their official website,

www.span.lk.

The mission of Span Group is to find ways to meet the needs of their customers and they will listen and help them to achieve their goals because after all, their goal is to fulfill the customers’ goals. Span group also aims to help people with ideas to become entreprene­urs.

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Chairman Mr. Sanjeevan
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