- Updated On:
- July 4, 2016
BRAND NEW LUXURY APARTMENTS (UNDER CONSTRUCTION-READY FOR OCCUPATION BY DECEMBER 2017) AT DESTINY MALL AND RESIDENCY-JUSTICE AKBAR MAWATHA (FORMER ELEPHANT HOUSE PREMISES (COLOMBO-02-OPEN FOR BOOKING NOW
Imperial Builders a BOI approved company is a subsidiary of the Lakhani Group established in Pakistan in 1979 and has extensive experience in the field of real estate development. Their success story spans over 35 years of experience in the construction industry having developed multiple mega projects, residential units, condominiums, resorts, hotels, commercial office projects, shopping malls and until this stage they have delivered 65,000 houses and 4.5 Million square feet of Commercial Space across Pakistan. In addition to Imperial Builders, the Lakhani Group has 15 other Companies under its umbrella, serving in different fields such as education, textile manufacturing, hospitality, trading, IT, fashion, Health and Finance
Destiny Mall & Residency consists of 27,000 sq/ft of retail space, a supermarket, two 3D cinemas, bowling alleys, food courts; kiddies play area, 7 guest rooms and much more, making it very attractive to the rental investment market. The apartment amenities include an infinity pool and deck on the 6th level, a business centre, his and her gymnasium and a 200 capacity banquet hall and ample visitor parking.
Brand new apartments in one of Asia’s top most developing cities.
44 Storied single tower luxury apartment complex with 2,3 & 4 bedroom apartments inclusive of parking.
Completion (approximately) December 2017
Low deposit and convenient monthly payment structure.
Walking distance from all Colombo based 5 Star Hotels.
In the heart of Colombo CBD.
Tailored towards professionals
Inclusive of Mall with all conveniences for everyday living.
Project in collaboration with the UDA
Up to 10% discount of total price.
No interest charges. The value you finalize today is what you will pay over the period of investment
1 Year Defect Liability
The purchaser may call on the builder within 360 days from handover to assist with any defect related repairs free of charge.
Priced well for a wise investment choice
It is comforting to know that you can purchase a very high quality apartment substantially below the median Colombo CBD property price. According to the Real Institute surveys conducted in 2014 the average selling price of the neighbouring apartment projects range from US$300 to US$400 per sqft.
With prices starting from as low as US$155 The Destiny Mall & Residency II offers brand new apartments at least 40% below the area’smedian apartment price; providing a high yielding investment opportunity at an affordable price point.
We believe that the Destiny Mall & Residency II has many unique features which will ultimately provide apartment-owners or tenants not only a really fantastic Colombo lifestyle but also in the long run, we feel the Destiny Mall & Residency II is quite distinct from other residential projects in the area thus should achieve good capital growth and strong re-sale demand in the medium to long term.
Great planning & infrastructure
Continued private and public investment will underpin improved amenity and infrastructure that will contribute to the CBD’s evolving maturity and liveability.
Excellent linkages to local schools, public transport and local lifestyle precincts
Borders a well-established area with significant established infrastructure and amenities
Close to a significant Hospital.
Located in the CBD
Just minutes from all Colombo based 5 star hotels.
Convenient access to leading schools in Colombo.
Numerous recreational experiences surround the location
Near Slave Island railway station ear marked for Monorail project.
Near multiple Multi-Million Dollar mix development projects.
Once you decide on your preferred apartment, a 20% deposit is required to book your apartments,
(Initially 12% of the total could be paid at the time of signing the sales agreement bal 8% within three months the rest in stages)
Quoted prices do not include 7.5% Title Deed Fees and 4% Stamp Duty.
Property Code No. DESTINY