30 March 2011

New Housing Project of 830 Houses Started at Rs200mn. Project to Complete in April 2012

30th March 2011, www.dailynews.lk, By Indunil Hewage

Nimavin Developers Director Duminda Liyanage told Daily News Business the company will be starting construction work on 830 houses in Horana within this week and project work is to be concluded by around April in 2012.

The company will inject over Rs 200 million to built 830 houses and the remaining investment will be done with financial assistance of banks.

The company will also embark on starting construction work of another 105 houses in Gampaha this week and construction work of the project is due to be completed in December this year.

The demand for houses and apartments has been increasing in the recent past.

Related Info :

Sri Lanka in for a Construction Boom over Next 5yrs Driven by Reconstruction and Rehab Requirements

Sri Lanka's UDA Debentures Draws Over Rs 5bn

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