Forex housing loan scheme for Sri Lanka’s migrant workers
Sri Lanka’s Foreign Employment Bureau and National Housing Development Authority is to partner with licensed banks in the Island to offer a housing loan programme for migrant workers, which could be paid in foreign currency.Under this scheme, migrant workers are said to be able to secure upto 10Million Rupees as loan for housing purposes and part of the loan sum of will […]
New Home Builders should focus on the sun and not just auspicious directions (SLSEA)
Many Sri Lankans who build their houses seek the advice of astrologers before constructing their new homes to get the exact direction a building must face etc.But as per officials of the Sri Lanka Sustainable Energy Authority (SLSEA), the house owners should also consider direction of the sun so they are able to install solar panels as and when required.This belief in […]
Sri Lanka to Implement IMF-prescribed Property Tax in 2025
The government of Sri Lanka plans to introduce the new direct tax in the year 2025 which would be progressive and would be levied from those who have the capacity to pay.However the said Tax will not be applicable to people’s personal property such as vehicles and houses. It is supposed to be levied only for large extensive properties beyond these as […]
How will Port City Increase the Demand for Colombo!
Port City is one of the largest foreign investments happening in Sri Lanka, which was planned around 10 years back but started implementing recently being a widely spoken topic. This […]
Current Real Estate Market Conditions in Sri Lanka
Real Estate Market in Sri Lanka The real estate market is one of the recently emerging markets in the territories of Sri Lanka. Since this is quite a market related […]
Ongoing Best Apartment Projects in Sri Lanka
Sri Lanka has a great potential for investments made in the Real Estate Industry and it is currently booming due to many Foreign Direct Investments in Sri Lanka such as […]
Most Expensive Neighborhoods in the Colombo
Colombo is one of the busiest cities in Sri Lanka and also the capital of Sri Lanka. Colombo is the main business hub and there are various businesses operating on […]
Important Documents Required for a House Registration in Sri Lanka
Every Property is supposed to have certain legal documents that show the overall information about the property. These documents are provided by the local municipality and also other government departments. […]
Aftermath of COVID-19 on the Real Estate Market of Sri Lanka
This global crisis that we are facing right now, perhaps the biggest crisis of our generation. The decisions people and governments take in the next few weeks will probably shape […]
Important Documents Required for an Apartment Registration in Sri Lanka
Every Property is supposed to have certain legal documents that show the overall information about the property. These documents are provided by the local municipality and also other government departments. […]
Important Documents Required for the Land Registration in Sri Lanka
Every Property is supposed to have certain legal documents that show the overall information about the property. These documents are provided by the local municipality and also other government departments. […]
Guide for Buying a Property in Sri Lanka
Sri Lanka formerly known as Ceylon is an island country lying in the Indian Ocean and separated from peninsular India by the Palk Strait. Proximity to the Indian subcontinent has […]
Popular Posts
Aftermath of COVID-19 on the Real Estate Market of Sri Lanka
This global crisis that we are facing right now, perhaps the biggest crisis of our generation. The decisions people and governments take in the next few weeks will probably shape the world for years to come. They will shape not just our healthcare systems but also our economy, politics, and culture. We must act quickly and decisively. We should also take into account […]
Covid – 19 impacts on the Real Estate Market of Sri Lanka
The economy is grinding to a halt. Will the real estate market follow? The spread of COVID-19—the disease caused by the novel coronavirus—was officially declared a pandemic by the World Health Organization on March 11. In Sri Lanka, we have 718 confirmed cases and 7 deaths from this pandemic disease of COVID-19. Sri Lanka is fighting successfully with a very high recover […]
Most Expensive Neighborhoods in the Colombo
Colombo is one of the busiest cities in Sri Lanka and also the capital of Sri Lanka. Colombo is the main business hub and there are various businesses operating on a daily basis. The Sri Lankan real estate market has boomed in recent years and also it has resulted in creating a huge demand for all the properties in Colombo. While our […]
