An Echelon Media Company
Monday November 9th, 2026
Construction and Real Estate

Sri Lanka construction activity contracts in April 2026: PMI

Amidst rising raw material costs and labour shortages

May 30, 2026 1 min read

Senarath Engineering wins Rs819mn tender for Sri Lanka road project

For the improvement of the 5.56 km stretch of the Malabe-Kaduwela Road

May 19, 2026 1 min read

Sri Lanka awards central expressway contracts to Maga, Access, and others

K D A Weerasinghe and Co, International Construction Consortium, NEM Construction, and Edward and Christie.

May 12, 2026 1 min read

Sri Lanka's new environment bill to bring load-based fines, stricter project monitoring

Grants legal teeth to Strategic Environmental Assessments (SEA) for large-scale developments.

May 11, 2026 2 min read
Sri Lanka residential land prices rise 6.7-pct in Colombo in H1 2026

The overall land value index went up 5.9 percent.

Sri Lanka cabinet approves transfer of state machinery to local bodies

"These assets are not currently being utilized by the State Engineering Corporation,

Sri Lanka gives 25-year tax holiday to Port City CHEC real estate unit

IFC Colombo 1 will invest 142.71 million dollars

July 21, 2025 2 min read

Blackstone-backed Ventive exploring resort development in Sri Lanka

Ventive Hospitality’s portfolio includes 11 operational hotel in India and the Maldives

July 17, 2025 1 min read

Sri Lanka Altair acquisition by Blackstone advised by TWC

The property has unsold inventory

July 17, 2025 1 min read

Sri Lanka to call proposals to develop colonial era 'rest houses'

UDA will take-over and call proposals to develop 44 rest houses

July 14, 2025 1 min read

Sri Lanka cabinet approves SLEC, CECB for consultancy in Chinese housing deal

China has donated construction of 1996 housing units for low income families

July 2, 2025 2 min read

Sri Lanka construction expands in May 2025: PMI

Central Bank maintains positive outlook for next 3 months due expected rise in new projects

June 30, 2025 1 min read

Sri Lanka historic Nuwara Eliya building to be developed for tourism as post office

A similar decision by previous government met with objections from postal employees

June 25, 2025 1 min read

Blackstone acquires unsold units in Sri Lanka's Altair as it buys India's South City Mall

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June 18, 2025 1 min read

Sri Lanka seeks investors for D R Wijewardene Mw mixed development

Looking for investment proposals for the disposal of a 3-rood 13.85 perch plot of land

June 17, 2025 1 min read

SMI Point signs $22.4mn apartment complex in Sri Lanka’s commercial capital

The country has seen an uptick in apartment demand

May 26, 2025 1 min read
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Sri Lanka construction sector expands amid stable prices: PMI

Sri Lanka Purchasing Managers’ Index for Construction (PMI - Construction) recorded a value of 54.3 in March 2025

May 1, 2025 1 min read

Sri Lanka asks India to raise FTA apparel export quota to 50mn pcs after Trump tariff

If not we have requested facilities to increase exports by 500 million dollars

April 8, 2025 4 min read

Sri Lanka seeks investors for lands in Colombo, Kataragama

Dematagoda (537 watte) land measuring 3 acres - 2 roods - 24.59 perches available on long term lease basis of 99 years.

April 8, 2025 1 min read

Sri Lanka condominium sales dropped 22.7-pct in 2024 4Q: CB

Colombo District recorded the highest proportion of condominium sales in 2024 Q4, comprising 54 per cent of the total,

April 7, 2025 2 min read

Sri Lanka to amend its Land Acquisition Act

So that time taken for acquisition of lands can be minimized, lands can be acquired under a simple procedure

March 26, 2025 2 min read

Sri Lanka seeks private backing to resurrect Nuwara-Eliya rail track

"Our railway system has become sexy. Everyone likes it."

March 7, 2025 1 min read

Sri Lanka construction expands in January 2025: PMI

Prevailing business conditions, particularly stable price levels and favourable weather, expedited project completion

March 1, 2025 1 min read

Land prices rise 7.7-pct in Sri Lanka’s capital district Colombo

Residential land had risen 9.9 percent.

March 1, 2025 1 min read

Sri Lanka has to manage limited taxes on priority areas : President

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February 17, 2025 1 min read

Sri Lanka President meets UAE-based Master Investment Group chief

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February 11, 2025 1 min read
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