Hospitality and Leisure Development
Redevelopment of Former Kataragama Rest Land at Kataragama
Kataragama
LOCATION
1 Acre
Land Extent
USD 1.49 Mn
Minimum Investment
Project Overview
Popular as a pilgrimage city for multi religions is an ideal hospitality and leisure development project to provide luxury hospitality and accommodation to accommodate the influx of religious followers.
The project value is estimated at USD 1.49Mn
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 30-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.