Home Lands Skyline (Pvt) Ltd recently partnered with SampathBank PLC, as the exclusive project financing partner for the development of the apartments and residences at Santorini Resort, which is the first theme park style apartment and residence in South Asia. This brand new neighborhood is opening in Negombo, on the northern edge of the Western Province, with the project due for completion in 2023.
Commenting on the partnership, Ms. Shashi Kandambi, Senior Deputy Managing Director of Corporate Credit at SampathBank PLC, said: “We are delighted to be a part of this premier upcoming real estate project – Santorini Resort Apartments and Residencies by Home Lands Skyline , which is in the process of creating architectural history in Sri Lanka. With the current economic situation of the country and the availability of housing loans at competitive rates; there is a significant demand and continues to invest in real estate.
Construction of high-end apartments such as Luxe Highway Residencies -Kottawa and Treasure Trove – Borella has been completed in partnership with SampathBank PLC, while Elixia 3C’s – Malabe is nearing completion.
The company sees good prospects in the real estate sector despite several economic setbacks and shares similar interests with Sampath Bank, which has been at the forefront of reforming the national economy.
Home Lands Skyline (Pvt) Ltd and Home Lands Holding (Pvt) Ltd received the highest ratings as LB1 and L1 respectively as a real estate developer by CIDA, being the first company in Sri Lanka to achieve this rating to maintain the highest standards in business matters. and residential real estate.
With a long standing reputation of breaking records and building properties with innovative and cutting edge technology and revolutionary concepts in the real estate industry, Home Lands Skyline begins work on the apartments and residences of the Santorini complex, which is yet another novelty concept apartment to add to their unique project portfolio repertoire.
Ariyana Resort Apartments -Athurugiriya, Canterbury Golf Resort Apartments -Piliyandala and Elixia 3C’s – Malabe are part of Home Lands Skyline’s portfolio of resort apartment projects.