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Monday November 9th, 2026
Construction and Real Estate

Sri Lanka's City of Dreams casino to open in third quarter 2025

Fit-out works of the 113-key ‘Nuwa’ hotel and gaming operations "are progressing well"

February 4, 2025 2 min read

Kotagala Plantations land appropriated for Sri Lanka's Sri Palee Campus

"The land is vested under the treasury under the swarnabumi scheme,"

January 28, 2025 1 min read

Sri Lanka in talks to slash damages owed to Chinese expressway contractor: President

Kadawatha to Meerigama section of the Central Expressway was halted after the external default

January 27, 2025 1 min read

Sri Lanka Port City to get big convention centre from China: President

In addition, China is also giving a 500 million yuan grant (about 68 million US dollars)

January 20, 2025 1 min read
Sri Lanka construction increased in December 2025, despite weather: PMI

firms reported expansion in construction activities during the period, despite initial operational disturbances

Sri Lanka's Altair issues title deeds under Blackstone management

Realty Management Services (RMS), a subsidiary of Overseas Realty Ceylon PLC, as the new facility manager of Altair.

Fitch confirms Sri Lanka Sierra Cables rating at 'BB+(lka)'

Fitch Ratings said it has confirmed the national long-term rating on Sri Lankan copper and aluminium cable manufacturer ...

October 23, 2019 7 min read

Indocean Developers borrows US$25mn to finish Sri Lanka's Altair high-rise

Indocean Developers has borrowed 25 million US dollars (4.5 billion rupees) from three Sri Lankan banks to finish its Al...

October 8, 2019 2 min read
1

Sri Lanka construction firms seek Africa business in Addis Ababa

Construction companies from Sri Lanka that took part in an international exhibition in Ethiopia had an opportunity to f...

October 5, 2019 1 min read

Baili Investments gets land for Sri Lanka property project

Baili Investments Lanka (Pvt) Ltd, will get state land for a mixed development project in Rajagiriya for a mixed develop...

October 5, 2019 1 min read

Stand-alone hotels unviable in Sri Lanka due to high construction, capital costs

Standalone hotels are not viable in Sri Lanka due to excessive construction costs, high domestic interest rates and depr...

Chanka Jayasinghe
September 25, 2019 2 min read
2

Sri Lanka property developer working to raise high-rise fire safety standards

Sri Lankan property developers are working with government authorities to improve fire safety standards in new high-ris...

September 24, 2019 2 min read

Sri Lanka’s construction material higher than region, need depoliticized tax policy: Mangala

Cement prices in Sri Lanka are higher than in more develop markets and in south Asian countries with border tax policy n...

September 17, 2019 1 min read

Millennium Housing to build 400 houses in three locations in Sri Lanka

Sri Lanka's Millennium Housing Developers Plc said it was planning 400 houses in three locations as there was unfulfill...

September 12, 2019 1 min read

Sri Lanka to call investors for convention hotel, hospital on China reclaimed land

Sri Lanka is to call proposals for investors to build a hotel, convention centre, hospital and international school in ...

September 4, 2019 1 min read

Land prices in Sri Lanka’s Colombo district up 13.6-pct in 2019 first half

Land prices in Sri Lanka’s Colombo district, where the capital is, rose over 13 percent in the first half of 2019 from...

September 3, 2019 1 min read
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Surbana Jurong, SMEC get Sri Lanka urban development deal

August 28, 2019 1 min read

Iluka completes Sri Lanka pre-feasibility study, bombings delay investment

Australian mineral sands miner Iluka Resources Ltd. has said it has completed a pre-feasibility study of a Sri Lankan il...

August 20, 2019 3 min read

Sri Lanka's Lanka Tiles June quarter net profit down 61-pct

Sri Lanka's Lanka Tiles group net profits fell 61 percent to 33 million rupees in the June 2019 quarter from a year ago ...

August 8, 2019 1 min read

India-funded Gandhi Nagar village inaugurated in eastern Sri Lanka

Gandhi Nagar, a model village built in Batticaloa, Sri Lanka, with help from India was inaugurated on Saturday, the Indi...

August 3, 2019 1 min read

India's Tata to build 3m square feet 'mini city' in Sri Lanka

India' Tata group will build a 3 million square feet mixed development in Sri Lanka's capital Prime Minister Ranil Wickr...

August 2, 2019 1 min read

Tata Housing completes Rs7bn urban re-housing apartments in Sri Lanka

India's Tata Housing has completed the construction of a 7,000 million rupee high rise complex with 626 housing unit and...

August 2, 2019 1 min read

Sri Lanka's Blue Mountain property group probed: police

Blue Mountain, a real estate and property group in Sri Lanka is under investigation after customers made complaints alle...

July 12, 2019 1 min read

Sri Lanka's RIL Property mulls buying more real estate, strategic alliances

ECONOMYNEXT- Sri Lankan commercial real estate developer RIL Property is considering buying property and striking strate...

July 11, 2019 2 min read

First model village built under Sri Lanka-India partnership handed to residents

The first of 100 model villages to be built in Sri Lanka with Indian assistance was handed over to the residents in Rani...

July 6, 2019 1 min read

Sri Lanka expressways yield property investment opportunities: PwC

Construction of expressways in Sri Lanka has led to sharp increases in nearby property prices, indicating potential inve...

June 25, 2019 2 min read