Developing real estate and positively impacting all stakeholders!

 

LR Developments
(Private) Limited - LRD

The primary asset is a circa 100,000 sq.ft. building on T. B. Jayah Mawatha (Darley Road), Colombo 10 (Central Business District of Colombo). The building offers high quality office space arranged over 8 floors and has in place an automated parking garage. The building underwent a USD 1.5mn refurbishment which included the installation of external cladding to the sides, a curtain wall to the front and rear of the building, refurbishment of the reception, an upgrade of the car parking system, complete refurbishment of all floor plates, lift lobbies, washrooms and the development of the rooftop into retail space to let.

Branded as HQ Colombo post refurbishment, this Grade A building was successfully launched on the 5th of September 2019 and is now ready for commercial letting.

 

Mulberry Holdings (Pvt) Ltd

A residential property project which is under construction in Colombo 09, in close proximity to popular government schools and other facilities. The extent comprises of 2 roods and 26.34 perches amounting to a total 106.34 perches. At present the project has come upto the 7th floor and is expected to be completed by end 2021.

The semi luxury apartment complex will consist of 3 towers of 15 floors each connected via a podium at the ground to second floors. The project will have 3 floors of parking, 11 floors of residential apartments and a roof top gymnasium & pool and a landscaped garden.

The apartments will consist of a master bedroom and attached bathroom, state-of-the-art kitchen, open plan sitting and dining room with balcony, secondary bedroom, visitor’s bathroom and maid’s toilet and drying area.

 
 

285 Darley Road (Pvt) Ltd

Freehold land, measuring 214 perches (1.34 acres), with direct frontage onto Darley Road (Colombo 10), ‘Square’ in shape, the land benefits from dual road frontage. Planning permission has been obtained for a 1.1m square foot development.

 

Baseline Holdings (Pvt) Ltd

BHPL is a property holding company which holds a bare land in addition to 3 dilapidated buildings. The extent comprises of 1 acre, 1 rood and 29.5 perches amounting to a total of 229.5 perches. The property is located in Colombo 09, off Dr. Danister de Silva Mawatha (currently known as Baseline Road). The property is to be developed into 410 residential apartment units.

 
 

Thudella Holdings (Pvt) Ltd

THPL is a property holding company which holds a bare land. The extent comprises of 5 acres and 4.4 perches amounting to a total 804.4 perches. The property is located in in Delathura, Ja-Ela along the Pamunugama – Thudella main road. The property is to be developed into residential units comprising of houses and apartment units.