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Monday November 9th, 2026
Construction and Real Estate

Sri Lanka's Kandy Myst by Cinnamon opens pre-bookings

The 215-room property will be the largest hotel in the central hill city of Kandy

January 19, 2025 1 min read

Sri Lanka's Krrish building named by India prosecutors as proceeds of crime

Proceeds of crime to the tune of ₹205 crore in Colombo, Sri Lanka, in the form of four acre and building attached

January 17, 2025 2 min read

Sri Lanka Port City marina kicked off by Browns, China Harbour

Browns has taken six plots in the Port City, with the Marina J/V taking up four

January 14, 2025 2 min read

Sri Lanka construction expands in November 2024: PMI

Many survey respondents highlighted a slowdown in the tender evaluation process of construction projects

January 2, 2025 2 min read
Sri Lanka's HNB to offer home loans for Baili Investments' Silk Rajagiriya

Development comprises 6 high-rise towers with a shopping complex, cinema, clubhouse, indoor golf, art gallery,

Sri Lanka offers Colombo, Nuwara Eliya lands to investors for tourism, development projects

Land on Baladaksha Mawatha, Colombo to be leased on 99-year basis, land near Gregory Lake, Nuwara Eliya on a 50-year bas

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
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Sri Lanka's Lanka Ceramic outsources sanitaryware production to China

ECONOMYNEXT – Lanka Ceramic, the clay mining company that is part of Sri Lanka’s Royal Ceramics group, has...

June 17, 2019 1 min read

Sri Lanka’s Royal Ceramics group expands contract manufacture in India

ECONOMYNEXT – Sri Lanka’s Royal Ceramics group, the dominant domestic tile and sanitaryware manufacturer, ...

June 14, 2019 2 min read

Sri Lanka real estate firms in bigger trouble after Easter blasts: Bandula

Sri Lanka real estate and apartment developers who were already facing difficulties had got into further trouble after E...

June 5, 2019 2 min read

Sri Lanka's Cinnamon Life project costs rise amid delay

Cinnamon Life, promoted by Sri Lanka's John Keells Holdings Plc, said cost were up 10 from the original 805 million US d...

May 25, 2019 2 min read

High-priced Sri Lanka condo sales slow down: central bank

ECONOMYNEXT – Sales of high-prices condominium apartments in Sri Lanka have been slowing down while the cheapest ...

May 13, 2019 2 min read

Sri Lanka to set up land management firm for Port City

Sri Lanka will set up a land management company to manage and administer newly reclaimed land at Colombo Port City.

May 2, 2019 1 min read

Sri Lanka deploys police commandos against mineral sands robbers

ECONOMYNEXT – Police commandos have been deployed at a state-owned beach mineral sands mine in north-eastern Sri ...

Mahadiya Hamza
April 1, 2019 2 min read

Sri Lanka firms eye converted residences to cut costs amid slowdown

Some Sri Lankan firms are likely to move from high-end office buildings to residential units within or outside Colombo a...

March 29, 2019 2 min read

Sri Lanka's new house costs down by a third if protectionist taxes removed

Sri Lanka's housing prices could be cut by a third if protectionist tariffs on construction raw material are removed, a ...

March 28, 2019 2 min read

Sri Lanka Land Reclamation Corp to buy dredger for sea sand mining

ECONOMYNEXT – Sri Lanka Land Reclamation & Development Corporation is to buy a dredger to mine sand from the deep...

March 27, 2019 1 min read