Residential Tower Development
Madiwela Land No.01
Madiwela
LOCATION
1 Acre
Land Extent
USD 10Mn
Minimum Investment
Project Overview
Located in the administrative capital of the country that is accessible from both Embuldeniya and Thalawathugoda road networks, this property is ideal for a mixed development project as the property is bordering the popular Madiwela jogging track.
The project value is estimated at USD 10Mn
The project is expected to commence in 2022
Project/Ownership Structure
Project company can facilitate potential partnerships with interested parties locally and internationally and it is offered on a 99-year lease
Incentives
Location
Incentives
Project incentives:
Government Tax Concessions
Speedy approval process with the assistance of the UDA
Readily available basic infrastructure to the site
Government assured land tenure security
Location
Geographical Location: Located within the city limits of Colombo, its conveniently located in close proximity to all logistic centers and main highway.