Marking the Largest Single Investment in Residential Real Estate by a Sri Lankan Developer
A new era of luxury urban living was officially unveiled on 21st June 2025 at Cinnamon Life, as Pentara Residencies, the landmark development by Home Lands Group, was launched in spectacular fashion marking the country’s largest single investment in a high-rise residential apartment complex by a Sri Lankan Developer. Titled “Signature Night: Beyond the Skyline,” the event marked the largest real estate launch ever hosted in Sri Lanka, setting a new benchmark for the industry.
Located at Thummulla Handiya the most central and prestigious location connecting Colombo 03, 04, 05, and the elite Colombo 07 Pentara Residencies is “The Address in Colombo.” This iconic twin-tower development redefines modern luxury in the heart of Colombo.
The star-studded launch was graced by an exclusive gathering of industry leaders, prominent business figures, investors, international cricketers, clients, media personalities, and celebrities. The highlight of the evening was the official unveiling of Pentara Residencies, led by Home Lands Brand Ambassador Jacqueline Fernandez, together with the senior management of Home Lands Group. The reveal was a highlight of the evening’s celebrations elegantly executed and infused with Jacqueline’s signature glamour, adding international appeal to this already iconic moment. Her presence underscored the bold, global vision that defines Pentara Residencies.
Adding to the evening’s significance, Ms. Amaya Herath, Executive Director of Home Lands Group, addressed the audience with a powerful vision for the project and the industry:
“This is not just another launch this is the biggest real estate launch in Sri Lanka’s property industry to date. Located at Thummulla Handiya, this project is about meeting a growing demand for future-ready homes in Colombo’s most sought-after locales. What sets Pentara Residencies apart is not just its scale but its vision. From kinetic facades to smart home systems and sustainable construction, this is the future of urban living, right here in Colombo.”
Adding further insight into the project’s significance, Mr. Nalin Herath, Chairman of Home Lands Group, shared:
“Pentara Residencies is more than a landmark development it is a symbol of trust, innovation, excellence and the lifestyle aspirations of modern Sri Lankans. With Pentara, we are not only transforming the Colombo skyline but also setting a new national benchmark for what luxury urban living should look like. Our vision has always been clear: to deliver world-class living standards that inspire, uplift, and endure.”
The architectural vision of Pentara Residencies was brought to life by acclaimed architect Philip Weeraratne, whose contemporary and timeless design approach has helped shape some of Sri Lanka’s most iconic modern structures. His work on Pentara seamlessly blends luxury, innovation, and lifestyle perfectly complementing the bold vision of Home Lands Group
Also speaking at the event was Professor Priyan Mendis, the Principal Structural Engineer of Pentara Residencies and a globally renowned expert in high-rise design, a leading figure behind some of Melbourne’s most iconic skyscrapers including the world famous Eureka Tower shared a few words about his experience working on Pentara. He praised the visionary ambition behind the project, stating that Pentara Residencies is not just structurally advanced but sets a new benchmark for high-rise living in Sri Lanka. His involvement brings world-class engineering expertise to the development, reinforcing Home Lands Group’s commitment to international standards in both design and safety.
Rising over 40 levels high, Pentara Residencies stands as a true architectural marvel, introducing 45+ star-class amenities including Sri Lanka’s first five-star floating sky restaurant, a cantilevered sky pool, and a skybridge at level 30 that links the twin towers. At the pinnacle, the development introduces Sky Mansions—a first for Sri Lanka located exclusively at Level 41, offering splendid views and ultra-luxury living.
With an unmatched range of living choices including 2 and 3-bedroom deluxe apartments, 3 and 4-bedroom Sky Villas, Penthouses, and the iconic 6,000 sq.ft Sky Mansions, the project is tailored for discerning homeowners who seek more than just a residence it delivers a complete, world-class lifestyle. Strategically situated minutes away from top schools, universities, leading hospitals, luxury retail outlets, and lifestyle hotspots, it offers unparalleled urban convenience.
Understanding the evolving needs of modern buyers, Home Lands Group has introduced two innovative, industry-first payment solutions:
- The Developer Payment Plan – Fast and Easy. Interest-free.
- The Wealth Builder Plan – Affordable, Easy, Convenient. Just Pay monthly
A 100% flexible financing model with no down payment, no bulk payments, no milestone payments, no completion payment and no hidden charges allowing for up to 30-year repayment options.
From its prestigious location at Thummulla Handiya to its iconic architecture and pioneering lifestyle amenities, Pentara Residencies is more than a residential project it is a symbol of progress, sophistication, and the future of Colombo. Celebrating over 20 years of trust, innovation and excellence, Home Lands Group has once again redefined the skyline and the standards of luxury urban living in Sri Lanka.