Business
Prime Group unveils revolutionary 1% payment plan with ‘The Colombo Border’
Prime Group, the real estate giant, introduces an exceptional investment opportunity that promises luxury living, modern amenities with an unbelievable payment plan.
The groundbreaking venture is the company’s latest 27-story luxury development at the border of Colombo. What sets the development apart is its revolutionary payment structure. Based on the novel plan, at the pre-launch, a homebuyer only requires a 10% reservation fee with no requirement for a down payment. The plan further includes paying just 1% instalments spread over 40 months, with the balance 50% payable upon handover. Owners are assured of a minimum capital gain of over 100%.
With attractive pre-launch prices, and spacious two and three-bedroom residences, the investment opportunity is unrivalled in terms of capital gain, promising an impressive return, and allowing any working professional the flexibilities of owning their own home without saving for a substantial down payment and may not require bank loans. Nestled on 6.5 acres of prime land, Phase 1 of this luxury condominium development boasts 27 stories of sophistication, designed to cater to a new homeowners’ every need.
Perfectly positioned for both convenience and natural beauty, the development entitles residents to the best of both worlds. Situated along the main Colombo-Kandy Road, the location provides quick access to the Bandaranaike International Airport, Port City, and other key destinations in the economic hub of Colombo. Stunning uninterrupted views showcase the picturesque Colombo skyline, contrasted with the peaceful countryside, offering a lifestyle where residents can return home to a scenic retreat from the bustling city, saving precious time spent in traffic.
Nalinda Heenatigala, Director, Corporate Affairs, Prime Lands Residencies PLC, said, “We are pleased to present a unique investment opportunity to our clients, especially first-time homeowners and young professionals, through our revolutionary payment plan being introduced for the first time in Sri Lanka. Reinforcing the commitment to provide a luxurious yet attainable lifestyle, we continue to revolutionize real estate investment in Sri Lanka.”
Prime Group invites prospective investors and homeowners to be a part of its latest landmark project, setting new standards in the Sri Lankan real estate market.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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