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Sri Lanka’s Sanken starts 50-story apartment towers

ECONOMYNEXT – Sri Lanka’s Sanken Construction group has started work on a 50-story twin apartment towers that will have 470 units, the firm said.

Branded ‘Capital Twin Peaks’, the project is located on a 214 perch land at 24, Staple Street Colombo 02.

Minister of Megapolis and Western Development, Champika Ranawaka broke ground on the new building on November 12.

The 50 floor towers will have two basements, six floors of parking and a roof terrace.

The ground floor will have lobby, coffee shop, salon and spa, mini mart with pharmacy and a laundry collection point.

The project will have a podium with a lap pool, kids pool, jacuzzi, kids play room, function room, party lounge and deck, outdoor living area, business centre, games room, yoga pavilion and aerobic studio, steam room, reading corner, sensory garden and a gym.

Capitol Developers said it had tied up with several banks to provide loans and long-term repayment plans for prospective buyers.

The luxury apartment two is expected to be ready for occupation in 2020.

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