Evoplay partners with HNB for digital video advertising platform – The Island

0

Includes 236 luxury apartments

President Global Housing and Real Estate [Pvt] Ltd, Dasun Wickramarathna, recently presented its latest development, Ocean Breeze Hotel Residencies Hikka, a Rs 6.5 billion project, to an elite audience at the Victorian Room, Kingsbury. Global housing and real estate [Pvt] Ltd is a company engaged in condominium and property development business in Sri Lanka and is a wholly owned subsidiary of Global Leasing Limited (GLL) as part of the Global Group of Companies. The company was incorporated in 2003 and currently has over 18 years of experience in condominium construction and property development. “This our latest project is a guaranteed, risk-free, golden investment and will be funded by our group with private partnership and bank financing which is strategically segregated at different stages of development to mitigate the risks involved, while our bankers are Bank of Ceylon, Sampath Bank, National Development Bank, Hatton National Bank and Commercial Bank,” said Chairman Wickramarathna, speaking at the launch.

“We hope to have the groundbreaking ceremony in March this year, with the project completed in 36 months. Strategically located with beach frontage in Hikkaduwa, Sri Lanka’s busiest coastal area, Ocean Breeze Hotel Residencies – Hikka is fast becoming a hotspot for adventurous, free-spirited socializers and business travelers alike. who can easily move from the motorway for a weekend or longer, thanks to its ideal location near the motorway.

A 70m beachfront development, lined with cool cafes, fine restaurants, a laid-back beach club, high-end shops and a spa, it is close to all beach activities such as snorkeling, fun boards, jet skiing and a turtle hatchery, while whale watching is only a 15 minute boat ride away. This breathtaking integrated resort will define tourism and hospitality in the region and is designed to generate a minimum capital gain of 30-40%. The project will also generate approximately 400 direct and indirect job opportunities in and around the area.

“Global Housing and Real Estate [Pvt] Ltd has grown over the years to become a force, having ventured into various categories and segments of the property development industry and we continually strive to be ahead of our competitors by providing products that are innovative and add value. value to all of our stakeholders. Whether you are a seasoned investor or a first time buyer, at Global Housing & Real Estate we take the time to understand exactly what your particular needs are and offer you the best solution, along with a wide range of products that are in our portfolio, whether it’s a traditional apartment, hotel residence or mixed development, with higher long-term returns that are guaranteed to exceed your expectations. We have earned the trust of our clientele and are poised to take our place as the trusted name in the property development industry as well as the undisputed No.1 hotel residence developer in Sri Lanka”.

All construction is carried out by the construction arm of the group, MET Developers Holdings [Pvt] ltd.

Currently, the Company has diversified its product portfolio with hotel residence developments in Negombo, Sigiriya and Nuwara Eliya, in addition to traditional condominium developments.

Ocean Breeze Hotel Residencies Hikka comprises 236 luxurious apartments, elegantly designed to blend and harmonize with the natural surroundings, as well as the surrounding cultural and traditional aspects. They are built to strict quality standards and equipped with modern amenities to meet even the most demanding customer. Ranging from 400 sq ft studios to 1721 sq ft three-bedroom duplex apartments over 22 floors, the apartments cater to all your needs and offer an affordable hotel experience coupled with the convenience of owning a superior property on famous Hikka Beach. . Prices range from Rs.13.5M to Rs.100M plus, with attractive interest-free repayment schemes facilitated by major banks in the country to be paid in 36 months. “Investors could enjoy value-added services of generating long-term income by renting out, as we offer property management, making it a hassle-free investment.”

Designed by Anushka Dassanayake who is the architect of the project, investors could avail an apartment, investors could avail an apartment by simply paying a reservation fee of Rs 500,000/- and a 10% deposit.

ETM Leisure Ltd, a wholly owned subsidiary of Global Leasing Ltd, was established to manage the property and generate long term income making it a hassle free one stop shop for investment. Regarding training, Chairman Wickramarathna said, “I believe in long-term employee retention, which is why we hire them young and train them on the job to gain experience and exposure. with our qualified senior staff”.

Global housing and real estate [Pvt] Ltd caters to style-conscious travelers in some of Sri Lanka’s most sought-after destinations while generating revenue and value for its investors and owners. “We also intend to expand to Ella and Trincomalee as with the development of the road network, it is interesting to interconnect all our properties which are within minutes of the motorways”.

Share.

About Author

Comments are closed.