mixed development project

Madiwela

Madiwela

LOCATION

0.2614Ha

Land Extent

Residential Apartment

Proposed Development

Residential Apartment – Madiwela

Madiwela is a suburb located in the Colombo District of Sri Lanka and well-known for its scenic lake, which is a popular destination for recreational activities such as jogging, cycling, and boating.

The land overlooks a jogging track and a paddy field which adds serenity to the location and making it perfect for residential activities. The UDA expects a Residential Towers Development and the investor is capable to propose any relevant activity on that complies with the UDA  oning and Building Regulations.

Estimated Value:

USD 0.92 Mn

Estimated Value:

USD 0.92 Mn

Terms of Allocation

99 Years Lease Basis

Terms of Allocation

99 Years Lease Basis

Project Authority

Urban Development Authority (UDA)

Project Authority

Urban Development Authority (UDA)

Strategic Location

Kolonnawa