Home Lands is set to make history with Sri Lanka’s largest-ever real estate launch, unveiling Central Park Boulevard Port City Colombo, The Indian Ocean’s Next Wonder. The launch, titled “The Grand Launch Weekend,” will comprise a series of events taking place from 12th to 14th June 2026 at the Lumina Ballroom, Cinnamon Life at City of Dreams.

The Grand Launch Weekend will commence with “The Night of Emeralds” on Friday, 12th June 2026, marking the official launch of Central Park Boulevard Port City Colombo. The glamorous opening night is expected to bring together an exclusive gathering of distinguished business leaders, celebrities, social influencers, and prominent personalities from Sri Lanka and overseas, alongside celebrated Bollywood stars : Shilpa Shetty, Aditya Roy Kapur and Jacqueline Fernandez. Home Lands will also be welcoming world renowned cricket legend  Mahela Jayawardene as the company’s newest Brand Ambassador at this prestigious event, a partnership which reflects a shared legacy of trust, excellence, and international recognition. The weekend will continue with a carefully curated series of elevated experiences, including The Boulevard Brunch, The Boulevard High Tea, and The Boulevard Sundowner on Saturday, 13th June, followed by The Boulevard Evening on Sunday, 14th June. These exclusive experiences will provide visitors with the opportunity to explore the project in greater detail and engage with the Home Lands team in a sophisticated and immersive setting. Reflecting the scale, prestige, and significance of the development, the launch has been designed as more than an unveiling, but a landmark occasion befitting the most ambitious and anticipated real estate development in Sri Lanka.

This is the first time in Sri Lanka, a high rise development project is inspired by an ultra-luxury international lifestyle brand, introducing a new benchmark in luxury living. Central Park Boulevard Port City Colombo features world-class amenities and premium value additions. Located in the Central Park District, this twin-tower development rises 37 levels and is poised to become one of Port City Colombo’s most iconic landmarks. Overlooking and seamlessly merging with nearly 40 acres of lush green parkland and a scenic waterway, while offering uninterrupted views of the Indian Ocean and spectacular sunsets, its sleek architecture blends seamlessly with the curated landscape of the Central Park, creating a tranquil oasis within a futuristic city. Central Park Boulevard Port City Colombo presents an exceptional collection of over 640 units, thoughtfully designed to suit a diverse range of modern lifestyles.

Beyond its lifestyle appeal, Central Park Boulevard offers exceptional investment potential. This iconic twin-tower development is expected to attract large inflows of foreign currency into the country, with the total project value estimated at over US$ 300 million. The project investment of US$ 150 million, by Home Lands, marks the largest real estate investment by a single Sri Lankan developer. Reflecting the strong confidence investors have already placed in the project, an exceptional 50% of units have already been sold ahead of the official launch, underscoring robust market demand and the development’s compelling investment proposition.

Following the launch weekend, Home Lands will officially open the Central Park Boulevard Port City Colombo Sales Gallery on Monday, 15th June 2026.  The Sales Gallery will provide an immersive introduction to the development’s vision, design, investment potential, and lifestyle offering, allowing visitors to experience firsthand the future of luxury living at Port City Colombo.

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Altair’s prominence on Colombo’s skyline is now mirrored at street level.

A growing number of global automotive brands have strategically chosen to locate their flagship showrooms at Altair, drawn by its iconic architecture, prime positioning by Beira Lake, and reputation as one of the city’s most prestigious addresses.

Leading brands, including BYD, DENZA, TATA, JAECOO, OMODA, and KIA, are establishing a strong presence at Altair. TATA, JAECOO and Omoda showrooms are already operational, while BYD, DENZA, and KIA are set to open shortly bringing sophisticated and experiential automotive shopping directly to Colombo’s most distinctive development.

This clustering of world renowned brands is no coincidence. “Altair was always envisioned as more than a residential development; it was designed as a landmark destination. In Sri Lanka. Automotive brands are a powerful expression of aspiration, luxury, good design and innovation values that underpin the Altair residences. As such the presence of showrooms designed to international standards, reinforces Altair’s position as a premium address chosen by global brands, represented by reputed corporates such as John Keells Holdings, Hayleys and DIMO.”
— Thilan Wijesinghe

This concentration of leading automotive brands on the ground floor complemented by food & beverage offerings on the first floor, reinforces Altair as a lifestyle brand anchor and a location chosen for visibility, stature, and alignment with architectural distinction, catering to those with sophisticated tastes.

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Sapphire Residences, an architectural masterpiece redefining Colombo’s skyline was unveiled to the media at an exclusive walk-through event. The development located along the prestigious Galle Face Ocean front ushers in a new era of ‘Ultra Luxury Vertical Living’ and positions Sri Lanka as a world class destination for luxury residences.

Developed by WelcomHotels Lanka (Private) Limited, a wholly owned subsidiary of ITC Hotels Limited and part of the globally renowned ITC Group, Sapphire Residences sustainability centric design offers an unparalleled residential experience, combining elegant design, world class amenities and lifestyle.

Situated between the ocean and Beira Lake, the development’s distinctive triangular plan and north-south orientation maximizes views of the ocean, lake and the city.  WelcomHotels Lanka partnered with several of the world’s leading names in conceptualizing the design and construction of the development including Principal Architects Gensler (USA) including celebrated local architects Surath Wickramasinghe Associates, interior designers YOO Inspired by Philippe Starck (UK), Structural Engineers Thornton Tomasetti (USA), landscape designer Burega Farnell (Singapore), security consultant Control Risks, and other leading international design and technical consultants.

Exclusively marketed in partnership with Sotheby’s International Realty, the media were introduced to a preview of the landmark residences. The tour offered a first-hand experience of the amenity spaces and the world-class lifestyle that positions Sapphire Residences amongst South Asia’s most prestigious addresses.

Each of the 132 uber luxury residences in Sapphire is envisioned as a ‘Sky Mansion’ crafted with an elevated sense of luxury, comfort, and privacy for the entire family.  With an average floor to ceiling height of 4 metres and average apartment areas of approx. 5,500 square feet, the Sky Mansions are designed to maximise the panoramic views of the ocean, lake, and the city skyline.  Elevated high above the bustle of the city, these homes are designed for serenity and sophistication, blending contemporary elegance with a sense of openness and airiness.

Residents at Sapphire will also enjoy world-class wellness and lifestyle amenities including an exclusive residents club lounge, pools, fitness zones, entertainment lounges, indoor squash court, multipurpose court, as well as curated spaces for kids and teens. The integration with the adjacent ITC Ratnadipa luxury hotel further compliments resident access to five-star hospitality and world-class dining experiences.

Having achieved the prestigious and globally accepted LEED Platinum certification, Sapphire Residences symbolises ITC Group’s pioneering vision of ‘Responsible Luxury’. From energy efficiency and water conservation to the use of sustainable materials, the development integrates sustainability with uncompromising opulence.  Each Sky Mansion is also equipped with advanced automation features, enabling residents to manage lighting, temperature, and other functions effortlessly, further elevating comfort, security, and energy efficiency.

Subi George, Managing Director, WelcomHotels Lanka (Private) Limited stated, “Sapphire Residences is a landmark development and a statement of confidence in Sri Lanka’s future. Merging world-class design with ITC Group’s philosophy of Responsible Luxury, we are proud to introduce a new benchmark for sustainable, ultra-luxury living in South Asia. The development echoes our vision of creating landmarks which are architecturally iconic as well as environmentally sustainable.”

Neluka De Alwis, Chief Sales and Marketing Officer, Sotheby’s International Realty Sri Lanka added, “Sapphire Residences is a rare opportunity to experience a globally benchmarked lifestyle in the heart of Colombo. Each Sky Mansion has been meticulously designed to offer privacy, space, and panoramic views, and for residents to enjoy seamless access to curated amenities and five-star hospitality. As Sotheby’s International Realty, we are delighted to bring this extraordinary vision to discerning buyers who seek a timeless legacy called home.”

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The developer remains committed to ensuring that the public is well informed and reassured that every Home Lands project is carried out with full compliance and transparency as Pentara Thummulla continues to make headlines, establishing a new benchmark for luxury living in Sri Lanka.

Chairman of Home Lands Group, Mr. Nalin Herath said:

“Pentara Residencies is progressing exactly as planned, and we remain on track  to deliver this landmark development on schedule. Our Commitment to delivering quality ensures that every aspect of this project meets the highest standards, from approvals to construction.”

Home Lands, Sri Lanka’s number one and most trusted real estate conglomerate, continues to lead the industry backed by a proud history of over 20 years, built on the values of trust, innovation, and excellence.

Having successfully delivered over 3,200 residential units across multiple themed mega residential complexes, and with over 1,800 units currently under construction across six futuristic mega residential projects, Home Lands remains committed to shaping the future of luxury living spaces in Sri Lanka.

With an operational capacity to deliver 600 – 750 units annually and selling 75 – 100 units a month, Home Lands’ track record reflects the confidence homebuyers place in the brand.

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