Parklane residencies homagama in Lanka

Colombo: Parklane Residencies Homagama, the first contemporary housing development in Sri Lanka, will be declared open on October 18, at 4.00 p.m.

Park Lane Residencies, Homagama, is a Joint collaboration between ASPIC Homes (Pvt.) Ltd and the Urban Development Authority (UDA) and highlights one of the first Public Private Partnership( PPP) project valued at Rs. 1 billion. First phase houses of 'Parklane Residencies' will be ready for occupation by early next August.

The uniquely designed semi-luxury housing project consists of 171 units; each house offers maximum living space with three to four bedrooms for a very competitive price, targeted at middle class and upper middle class market.

All completed 74 luxury condominium units, under phase one, are built-in with all modern in-door amenities and main out door recreation facilities such as swimming pool and club house, gymnasium, library, Mini Super Market, Day Care Centre, children's play area, along with 24 hour security, and other common facilities and infrastructure. All the houses will be provided with Cable TV, telephone and Internet facilities.

The unique feature of the project is the luxury bus service to Colombo from the site, which is exclusively for residents. The phase two of Parklane Residencies, Homagama, with its 97 units built around the pool will also consist of all the semi-luxury facilities of phase one which is targetted to be completed in December 2009.

The Parklane Residencies project in Kandy highlights another Public Private Partnership project that is expected to add value to the housing market and is undertaken by Aspic Residencies.

Managing Director Aspic Developments (Pvt)Ltd, Chaminda Pallegoda, said that this is a concept of their Chairman Deepthi Perera, under the concept of 'Nature and modernism for 21st century lifestyle.'

Minister of Urban and Sacred Areas Development, Dinesh Gunawardena, Minister of Housing and Common Amenities, Mrs. Ferial Ashroff, and Minister of Housing, Githanjana Gunawardena, will be special invitees.