Havelock City - a city within a city
The first phase of the Havelock City condominium apartment project,
the largest single cleared site in Colombo will be completed by mid next
year.
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A model of the Havelock City apartment complex. |
Comprising two residential towers, namely Elibank and Park Towers,
the first phase is designed to attract buyers for investments and
occupation, said CEO Overseas Realty (Ceylon) (ORCL) PLC, Bob Dover.
He said the project designed to be a city within a city will offer
residents a one-stop residential living experience with parks, shopping
malls, recreational areas, entertainment and commercial facilities.
The 19-acre condominium project developed by Mireka Capital Land (Pvt)
Ltd. with an investment of US$ 250 million has commenced construction
work on the second phase.
Mireka Capital Land (Pvt) Ltd is a joint venture of ORCL and the Bank
of Ceylon. The project comprising eight apartment towers, 300 rooms, 200
services apartments with retail, dining and recreational space will be
completed by 2010.
The Havelock City project is managed by ORCL which is part of the
Shing Kwan Group of Singapore the developer and manager of the World
Trade Centre (WTC). The company is internationally recognised for real
estate management and had designed some of the world's largest high-rise
buildings such as the Shanghai Mart in China.
COO ORCL, Ramez Ghouse said integrating the project with the
development of the area has been a priority and added that the road
network and transportation in the area will be developed.
Deputy Chairman ORCL, H.Z. Cassim said over 100 apartments have
already been sold reaching 50 percent of the phase one sales.
The apartment complex in close proximity to the major roads in
Colombo such as the Galle Road, Havelock Road, Baseline Road, R.A. De
Mel Mawatha and Duplication Road will be a great benefit to residents,"
he said.
LF |
