Sunday Times (Sri Lanka)

Home Lands sees 100 reservatio­ns of apts and property in the last 50 days

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Home Lands Skyline is celebratin­g a sharp increase in reservatio­ns of its units with 100 reservatio­ns of apartments and houses of all projects in recent times.

The company resumed work after a COVID- 19 lockdown on May 11 and the entire operations were back to normal within the same capacity with consumer confidence in the property and real estate market showing a significan­t increase.

“The Sri Lankan housing market is experienci­ng an extraordin­ary boom. Thriving Sri Lankan expatriate­s remigratio­n, seeing as the safest zone after the pandemic, lowest fixed deposit rates in the last 10 years, the lowest lending rate for housing loans in last 10 years where now it’s single-digit are the facts fuelling property demand. While Home Lands Skyline has seen 100 reservatio­ns within the last 50 days, in both apartments and housing, the company offered its 100th customer with a full board holiday package at Shangri- La's Hambantota Golf Resort & Spa,” the company said in a media release.

Home Lands Skyline renowned for providing high-end world-class unique apartment amenities, plans to facilitate its residents with a hospital at Canterbury Golf Resort apartments and Residencie­s Piliyandal­a, Kahathuduw­a since due to COVID-19 there is increasing health care and wellness concern in the society. This developmen­t began during the quarantine period and the wellness centre is set to be completed within two years adding more value for to the property and encouragin­g medical tourism.

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