Business
Prime Residencies breaks ground and launches phase II of The Colombo Border
Prime Lands Residencies PLC, Sri Lanka’s leading real estate developer, achieved a significant milestone with the ground-breaking ceremony of ‘The Colombo Border,’ a landmark project poised to redefine urban living.
With Phase I of the project nearly sold out, the company is now launching Phase II, coinciding with the commencement of construction. Piling work has been undertaken by San Piling, a reputed name in the construction industry, signifying the project’s steady progress towards completion.
Strategically located along the Colombo-Kandy Main Road, ‘The Colombo Border’ offers unparalleled convenience bordering Colombo in Peliyagoda with minutes’ access to the Katunayake Expressway and Kelani Valley railway station ensuring effortless commutes to central Colombo and its suburbs making it a transportation hub, accessible to anyone via public and private transport. Boasting 6.5 acres of prime real estate, the project showcases sustainable development, with only 25% of the land designated for construction, while a staggering 75% is dedicated to open spaces, including jogging paths, cafés, meeting centres, function halls, swimming pools, and an array of other amenities.
Commenting on the occasion, Sandamini Perera, Chairperson of Prime Lands Residencies PLC, said, “Today marks a special day for all of us at Prime Group and our exclusive customers of The Colombo Border, our 46th condominium project. With the commencement of construction of this landmark project, we have created a new paradigm of luxury living with modern amenities in a prime location bordering Colombo. As a trendsetter, Prime Group has introduced a revolutionary monthly 1% payment plan, making homeownership attainable for many young professionals and investors. With Phase I of the project nearly sold out, today, we are delighted to commence construction of The Colombo Border and continue our promise to deliver beyond expectations.”
With an innovative payment plan, the first of its kind in Sri Lanka, Attractively priced from LKR 30 million upwards, prospective buyers need only pay 1% of the purchase price monthly throughout the entire 40 months construction period of this mammoth project.
‘The Colombo Border’ demonstrates Prime Lands Residencies’ commitment to pushing boundaries and setting new benchmarks for high-end residential projects in Sri Lanka, offering an unparalleled living experience that seamlessly blends luxury, convenience, and sustainability.
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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