28th September 2009, www.news.lk
The Board of Investment of Sri Lanka granted investment approval to Dynasty Developments Limited for a project to construct a service apartment complex under the BOI. Mr. Dhammika Perera, Chairman / Director General signed the agreement on behalf of the BOI and formally presented the BOI Certificate of Registration to the investors.
The “Crest Elephant Bath Apartment Hotel” a fully serviced condominium project is a distinctive creative architectural masterpiece located in the most eye‐catching area of Kandy, setting the tone for an exclusive lifestyle amidst the age old citadel of great historic value. Residents will have the luxury of been surrounded by cool enchanting ambience of the green valleys, cool country atmosphere that is exclusive to the Kandyan hills and relax by the promenade on the waters edge. At “The Crest” residents are not just amidst a once illustrious heritage, they are very much a part of it. The absolute natural, tranquil ambience that “The Crest” offers will definitely uplift resident’s spirit.
“The Crest Apartment Hotel Complex” with its distinctive, creative architecture will offer 48 apartments equipped with all modern amenities. You can choose from either a studio apartment or a standard apartment with either 2 or 3 bedrooms or an elegant penthouse. The penthouses are designed as two level apartments with 4 bedrooms, additional living space and a private lawn. With a professionalism and work ethic that does not compromise on quality, each unit of this world class mixed development project is designed to high standards along with the most modern accessories sourced from the finest suppliers.
“The Crest Apartment Hotel Complex” being a fully serviced apartment complex offers a number of unique facilities in a compact package to suite the varied requirements of its exclusive and up market clientele. Hot water Jacuzzi, pool, spa, continental restaurants, business centre, fully equipped gymnasium, children’s play area, stream room, sauna, pool side café, banquet hall, convenience stores and landscaped area are some of the specialities of the complex.
The brainchild behind this Company Mr N Vakeesan is the Chairman of Seagull Global Holdings (Private) Limited which functions as the Holding Company of Dynasty Developments (Private) Limited. This is one of the exclusive projects of the Company. Mr N Vakeesan has successfully completed hotel and apartment complexes in Malaysia, Canada and in over 1,600 apartments in Sri Lanka.