New buildings Coming up In Colombo

NDOCEAN TOWER

68 floors
Developer; Indocean Developers (Pvt) Ltd, a venture of Indian property group South City Projects (Kolkata)
completed in three years (2016).
Location; opposite Beira Lake

the 400-apartment condominium tower development with top-of-line finishes, is speculated to cost around Rs. 8 billion.

The exclusive residential tower is looking to target expatriates, non-resident Sri Lankans and others. In-house facilities will include a swimming pool, gym, lounge, function room, play area for children, tennis courts and many other facilities. The mixed-use project is recognised by its 57th floor SkyPark with its 150-meter infinity swimming pool, observation deck and restaurants.

Krrish Square

Number of floors: 4 towers. Highest with 85 floors
Completion date: 2016
Developer: Krrish Group, India
The Krrish Transworks square in Fort will be trnaformed in to 4 towers of residential, retail and offices. The former Public Works Dept building will be transformed in to a 7 star ultra luxury boutique hotel.

The four high rise towers will be built as a vertical city. One of the residential sky scrapper will have 80 floors and other two would be 55 floors. The fourth tower will have 85 floors and will house the seven-star hotel, commercial office spaces.

Hyatt Regency Colombo

Location: Colombo 3 (near Galle Face)
Property Type: five-star Luxury Hotel Complex
Developer: Sinolanka Hotels & Spa (Pvt) Ltd
(old Ceylinco Building)
Number of floors: 45
Completion date: Delayed

DAWSON GRAND TOWERS

Location: Bauddhaloka Mawatha, Colombo 7
Property Type: Luxury Penthouse, Studio and Standard
Developer: Keangnam
Number of units: 178
Number of floors: Twin Towsers 38 & 42 Completion date: Delayed

Shangri-La Colombo 

Five-Stars Luxury Hotel Complex
Location : Galle Face Green
Developer : Hong Kong-based Shangri-La Hotels and
Resorts
Floors : 30
Targeting to open the Hotel in mid-2015.

Ocean View Residencies 

Location: Colombo 3 (opposite Pizza Hut)
Property Type: Luxury Apartments
Developer: Accor Developers (India)
Number of units: 350 (1-4 Bed Apartments)
Number of floors: 47 Completion date: Delayed