The Central Bank of Sri Lanka (CBSL) says Colombo District land values rose sharply in the first half of 2025, with the Land Valuation Indicator (LVI) increasing by 11.4 per cent compared to the same period last year.
According to the CBSL’s Statistics Department, all three sub-indicators of the LVI, Residential, Commercial, and Industrial, contributed to the growth.
The CBSL further said that residential land values posted the highest annual increase of 14.4 per cent, followed by Commercial (11.5 per cent) and Industrial (8.4 per cent).
Meanwhile, LVI and its sub-indicators increased at a higher pace on a semi-annual basis as well during the first half of 2025 compared to the values recorded in the second half of 2024.
In this regard, the Residential LVI also recorded the highest increase, followed by the Commercial LVI. (Newswire)