Sri Lanka’s John Keells Properties launches latest residential development ‘Viman’
Daily FT: Having revolutionised the real estate industry in Sri Lanka, John Keells Properties, has unveiled its latest residential project, ‘Viman’, set to transform contemporary living in the heart of Ja-Ela.
John Keells Properties, the property arm of the renowned John Keells Holdings, has earned a prestigious reputation in the real estate market for making a significant impact with innovative approaches to creating dream living spaces and exceptional experiences.
Aligned to their vision of ‘Creating New Worlds’ and curating spaces that redefine life’s experiences, Viman represents another unique new venture from John Keells Properties. Spread across six acres, offering a harmonious blend of modern comforts with 418 apartments, Viman is designed to provide a secure, family-friendly environment with convenient access to Colombo city, while retaining the charm of a small-town setting.
John Keells Holdings PLC President – Property Sector Nayana Mawilmada said: “We are extremely excited to launch Viman, the latest frontier of John Keells Properties. We believe that Viman is more than just a home. It is a lifestyle engulfed in the warmth of a small town. Inspired by the principles of balance, nature, and modern convenience, Viman offers a thoughtfully designed collection of residences that embrace eco-consciousness, accessibility to multiple locations, and a nurturing sense of community.”
Located in the heart of Ja-Ela, residents will enjoy easy access to an array of conveniences including supermarkets, banks, restaurants and hospitals. Furthermore, Viman offers the distinct advantage of proximity to the Colombo Port access highway, facilitating exceptional connectivity between Ja-Ela and Colombo. This strategic location not only enhances convenience but also ensures efficient travel for residents and businesses alike.
Nestled within a lush central garden, Viman boasts a range of amenities, including a swimming pool, gymnasium, meditation courts, clubhouse, a kids play area, cycling and walking spaces, and a multipurpose outdoor sports court, in addition to electric vehicle charging. These features create a peaceful sanctuary for residents to reconnect with themselves and provide an ideal space for families to thrive.
Notably, Viman will feature energy-efficient solar-powered homes, abundant green spaces, and foster a strong sense of community, exemplifying John Keells Properties’ commitment to priorities both modern comforts and a sustainable lifestyle.
With a diverse portfolio of groundbreaking developments including The Emperor, The Monarch, 7th Sense, OnThree20, TRI-ZEN, and the Cinnamon Life Integrated Resort, John Keells Properties, has consistently been at the forefront of the development of residential condominiums and has played an important role in shaping Sri Lanka’s urban residential landscape.
OSL take:
The launch of a new housing project by John Keells is one among several other similar projects launched by more local companies. It is a clear indication of the overall expansion in the country’s economy and the demand for urban housing facilities. There are currently many high-end luxury housing complexes as well as mid-level housing complexes that are reaching completion and have been sold out. The launch of new housing projects in such a scenario shows the growing business potential in Sri Lanka and the further expansion of the country’s economy. With Sri Lanka working towards becoming an emerging business destination in the South Asian region, there will be more interest among foreign businesses/investors to explore the expanding opportunities in Sri Lanka. This could create the demand in Sri Lanka’s house and property market. Several local surveys have also revealed the increase in land value in urban areas, especially in the country’s Western Province. Foreign businesses/investors could therefore explore the growing opportunities in Sri Lanka’s house and property market. They could also look at forming partnerships or joint ventures with local businesses to further expand operations.
| Article Code : | VBS/AT/20231004/Z_4 |