Market Leader Home Lands has announced that Central Park Boulevard Port City Colombo has reached a significant construction milestone, with 60% of its piling work now officially completed, just under three months after the project’s launch, placing its rate of progress 10% ahead of plan. With construction progressing ahead of target, the development’s piling programme is advancing strongly, reinforcing Home Lands’ commitment to timely delivery and its ability to execute large-scale developments through sound planning, financial strength, and a fully integrated business model.

A total of 192 piles are being constructed as part of the development, with 9 piling machines mobilised and three major contractors: Access Engineering PLC, Sanken Construction’s SanPiling (Pvt) Ltd., and D P Jayasinghe Piling Company (Pvt) Ltd., currently engaged in the works. Supported by the contractors’ extensive fleets and expertise in piling, the scale of operations reflects the pace and efficiency with which construction is progressing at the site.

Central Park Boulevard Port City Colombo represents a landmark investment in Sri Lanka’s real estate sector, at Port City Colombo. The project investment of USD 150 million by Home Lands, withthe total project value estimated at over USD 300 million,is the largestreal estate investmentby a single Sri Lankan developer, expected to attract large foreign currency inflows into Sri Lanka by way of global marketing efforts targeting a global clientele. Located in the prestigious Central Park District, the ultra-luxury twin-tower development introduces the branded global lifestyle concept to Sri Lanka and offers residents a premium living environment overlooking nearly 40 acres of Central Park and the Indian Ocean.

For investors, Home Lands’ track record provides further confidence in its ability to deliver. As Sri Lanka’s number one, most trusted, and most innovative real estate brand, Home Lands has been recognised as Best Developer – Sri Lanka at the PropertyGuru Asia Property Awards in 2021, 2024, and 2025, and became Sri Lanka’s only real estate Superbrand in 2025. With more than 5,000 residences sold, over 3,750 homes delivered with 400 more units ready to deliver within this year, and over 2,850 units currently under construction, Home Lands brings more than two decades of experience, scale, financial strength, and proven delivery capability to Central Park Boulevard Port City Colombo.

“Construction progress of Central Park Boulevard Port City Colombo is well underway, with 60% of the piling work completed already” said Mr. Nalin Herath, Chairman of Home Lands Group of Companies. “Our vision to bring a truly world class lifestyle development to Port City Colombo takes shape with the steady construction progress of Central Park Boulevard Port City Colombo”

Home Lands has also reinforced its long-term confidence in Port City Colombo through the acquisition of its second land parcel within the Central Park District, shortly after securing its first. The second land parcel acquired, spanning over 3 acres in extent, is similar in size and located adjacent to the land on which Central Park Boulevard Port City Colombo is being constructed. The acquisition further demonstrates the company’s financial strength and continued commitment to investing in Sri Lanka’s future driven by the potential of Port City Colombo.

With piling for Central Park Boulevard now 60% complete and construction progressing ahead of target, Home Lands once again reinforces its commitment to delivering landmark developments on schedule while creating lasting value for homeowners and investors, further strengthening its position as the developer of choice for those seeking the best in lifestyle choices and high returns.

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The Home Lands Group, Sri Lanka’s number one, most trusted and most innovative real estate developer, has reached a landmark milestone: the successful delivery of 3,500 residential units across its completed projects. This achievement reinforces the Group’s position as the market leader, celebrated for its credibility, innovation, and commitment to creating lifestyle focused developments.

Since its inception, Home Lands has been at the forefront of modern living in Sri Lanka, pioneering resort style, themed residential developments that seamlessly blend thoughtful design, ultimate comfort, and vibrant community living. Guided by a philosophy rooted in trust, integrity, and timely delivery, the Group has consistently elevated the homeownership experience, ensuring transparency, reliability, and exceptional service at every stage of the journey.

Home Lands currently has over 6,000 residential units under management of which 3,500 units have already been delivered and over 2,500 units under construction to be completed and delivered within the next 30 months across multiple themed resort lifestyle projects which will be completed and delivered in 2026, 2027 and 2028. The company continues to expand its footprint while maintaining its commitment to timely delivery and unmatched quality.

A cornerstone of Home Lands’ success is its fully integrated business model. The Group operates as a conglomerate of 14 companies, including Heyraa Construction, which holds the prestigious CS2 grading from the Construction Industry Development Authority (CIDA) of Sri Lanka, a distinction reserved for a select few construction companies nationally. This integration provides customers with both developer and contractor assurance, ensuring confidence and long-term reliability.

“This milestone reflects years of dedication, vision, and innovation,” said Mr. Nalin Herath, Chairman of Home Lands Group. “We are delighted to welcome Mr. and Mrs. Nishan Mendis as our 3,500th homeowners and celebrate this momentous occasion with them.”

In honor of this milestone, Home Lands invited Mr. and Mrs. Mendis to celebrate and officially hand over the keys to their new home at Greendale Retirement Resort Apartments and Residences, Sri Lanka’s first international standard retirement leisure village. Featuring over 50 world class amenities, Greendale showcases the Group’s commitment to resort style lifestyle focused developments. Reflecting on the experience, Mr. Mendis said, “When you think of retirement, peace of mind is essential. Greendale offers excellent facilities, a serene environment, and strong infrastructure. We are thrilled to be part of this milestone.”

Home Lands’ leadership and excellence have been consistently recognized through prestigious national and international accolades. The Group has secured multiple wins at the PropertyGuru Asia Property Awards, including Best Developer – Sri Lanka in 2021, 2024, and 2025, becoming the only Sri Lankan developer to achieve this title for three consecutive years. In a historic milestone, Home Lands also became the first Sri Lankan developer to win Best Lifestyle Developer – Asia 2025 at the PropertyGuru Asia Property Awards Grand Finale. Further reinforcing its market leadership, the 2025 RIU Brand Health Survey named Home Lands the Overall Real Estate Winner, while the brand also achieved Superbrands status, becoming the only real estate Superbrand in Sri Lanka. These recognitions reflect Home Lands’ credibility, quality, and strong reputation, making it Sri Lanka’s number 1, most trusted and most innovative real estate brand.

With a legacy founded on trust, innovation, and excellence, market leader Home Lands continues to redefine Sri Lanka’s real estate landscape. Serving both local and international clients through offices in Australia, Dubai, and London, the Group delivers landmark residential projects that set new standards in quality, design, and lifestyle.

In a market where credibility and timely delivery are critical to buyer confidence, Home Lands’ unwavering dedication ensures it remains at the forefront of Sri Lanka’s real estate sector, continuously elevating lifestyles through trust, innovation, and excellence.

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Property Investment Forum & Exhibition is scheduled for Saturday, 11th October 2025, at the Grand Ballroom, Hilton Colombo, from 10 a.m. to 6 p.m.

This is the first-ever Property Investment Expo organized by a single developer in Sri Lanka.

Home Lands, Sri Lanka’s number one and most trusted developer, together with the top six private banks, will showcase its exclusive portfolio of properties from city apartments to beach resort residences, golf resort apartments, and retirement leisure villages.

Attendees will have the opportunity to explore flexible payment solutions and financing options of up to 100% from the top six partner banks: Commercial Bank, DFCC Bank, HNB, NDB, Sampath Bank, and Seylan Bank.

The expo offers prospective homeowners and investors a unique opportunity to engage directly with Home Lands and its partner banks, all under one roof, and is expected to draw both local and international investors.

For more information or to register, please call 0710 111 444 or register online at https://forms.gle/tpc87J7qLUCMFL8S7.

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Home Lands, has once again reaffirmed its market leadership by achieving a historic milestone in the country’s property sector. The company recorded the highest ever sales turnover in a month by any real estate developer in Sri Lanka, generating an impressive Rs. 7.4 billion in sales from 104 units in June 2025 alone. This landmark achievement was significantly driven by the successful launch of Pentara Residencies, the latest addition to the company’s growing portfolio of premium developments.

This achievement is not only a testament to the strength of the Home Lands brand but also to the continued trust and confidence placed in it by clients, both locally and internationally. The June 2025 performance marks a new benchmark in monthly developer turnover, setting a record in Sri Lanka’s real estate history.

In addition, Home Lands has reported Rs. 25 billion in sales during the first half of 2025, amounting to over 80% of its total annual sales of Rs. 31 billion in 2024. This trajectory strongly indicates that the company is on course to surpass all previous performance records by the end of the year.

With over 20 years of excellence in the industry, Home Lands continues to drive innovation in Sri Lanka’s real estate landscape while maintaining its core values of Trust, Innovation, and Excellence. The company has built a reputation not only for delivering quality developments, but also for upholding transparency and customer-centric service, earning the trust of thousands of families and investors both locally and internationally.

This latest achievement underscores Home Lands’ commitment to pushing industry standards and delivering exceptional value in a competitive market environment. As the company continues its journey of growth, its focus remains firmly on transforming the real estate experience in Sri Lanka.

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