HNB PLC, Sri Lanka’s largest private sector retail bank, has signed a Memorandum of Understanding (MoU) with Home Lands Group, a leading real estate developer, to offer exclusive home loan facilities for customers purchasing properties from the developer. The partnership, effective from January 8, 2025, will be valid until December 31, 2025, and aims to enhance accessibility to homeownership through tailored financial solutions.
“Sri Lanka’s real estate market is on track to maintain a steady growth over the next few
years, driven by factors like the country’s recovering economy, investment opportunities,
and growing demand in luxury properties. The signing of our agreement with Home Lands
Group will enable customers to make the most of current opportunities to own the home
of their dreams by obtaining home loans on attractive easy payment schemes” said HNB
AGM / Head of Retail Banking Kanchana Karunagama.
Home Lands Group, recognized as the “Best Developer” at the Property Guru Asia Property Awards (Sri Lanka) in 2024, boasts a strong portfolio of condominium developments, individual housing projects, and land sales. Under this agreement, HNB will provide competitive interest rates and flexible repayment terms to customers investing in Home Lands Group’s residential projects, making the dream of homeownership more attainable for individuals and families across Sri Lanka.
“Home lands Skyline has always dedicated itself to providing prospective homeowners
with the best residential options for their needs. To this effect, our continued collaboration
with HNB is a testament to their outstanding support and facilities in this market. Together,
we hope to provide housing solutions to address this gap, and continue to drive Sri Lanka’s
housing sector’s growth,” Home lands Group Director Lanka Jayasinghe said
This partnership underscores HNB’s commitment to fostering collaborations with leading industry players to drive positive change in Sri Lanka’s real estate landscape. By leveraging its expertise in home financing, HNB continues to play a pivotal role in shaping the future of housing in the country.
