Analysing Sri Lanka's Property market, investment options and latest property news in Sri Lanka
Monday, 13 July 2015
Condo developers association formed in Sri Lanka
Developers in the condo market have come together to form the Condominium Developers Association of Sri Lanka (CDASL).
Founding council members of CDASL are Pravir Samarasinghe – Chairman (from Overseas Realty Ceylon Plc-ORL); S. Thumilan – Vice Chairman (Blue Ocean Residencies Pvt. Ltd); Hemaka De Alwis (Fairway Holdings Ltd); Suresh Rajendra (Whittall Boustead Pvt Lt); Prasanna De Zoysa (SMI Housing Development Pvt Ltd); Pinsiri Fernando (Suncity Property Developers Pvt Ltd); Kishore Reddy (Quest & Query Pvt Ltd); B. Premalal (Prime Land Pvt Ltd) and Lalitha Jayasooriya (Gampaha District Sanasa & Credit Cooperative Societies Union Ltd).
A media release issued by ORL on behalf of the association said its primary objective is to promote the interest of condominium developers in Sri Lanka, whilst working towards the development of the industry. CDASL is an affiliated association of the Ceylon Chamber of Commerce which was founded in 1839.