Business
John Keells Properties offers financial solutions for prospective homeowners
In an effort to make urban living affordable for potential homeowners, John Keells Properties has entered into strategic collaborations with Commercial Bank, DFCC Bank and HNB to offer ‘Freedom Mortgages’ – attractive home loan schemes for clients keen to invest in John Keells Properties’ upcoming TRI-ZEN residential development in Colombo.
With lowered interest rates and a reduction in fixed income options for investments, real estate within Colombo city limits is an attractive choice for those seeking to diversify their investment options. The mortgage plan is an innovative financial scheme and is an industry-first which encompasses multiple financial institutions, offering buyers multiple choices and a range of bespoke solutions to make their urban aspirations a reality. TRI-ZEN is a highly anticipated joint venture between Indra Traders (Pvt) Ltd and John Keells Holdings PLC and is scheduled for completion in 2023.
‘Freedom Mortgages’ ensures that interest is waived for two years, offering ease of mind in addition to a hassle-free and seamless process. Customers are only required to make the initial 20% payment and none thereafter for a period of two years.