May 28, 2024
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6min6
The overall land prices in the Western Province increased by 7.8% compared to the previous year, according to the 2024 Western Province Land Price Index (LPI), developed by LankaPropertyWeb (LPW). The Land Price Index (LPI), updated annually, highlights the uptrend in land values across all three districts of the Western province – Gampaha, Kalutara, and […]

May 28, 2024

5min1
Introduces an unprecedented payment plan in partnership with HNB With a steadfast dedication to making ownership of dream homes a reality for everyone, Prime Group, the local real estate giant, held a much-awaited Open Day at 88 Residence, a luxurious residential development in the heart of Kahathuduwa.     During the Open Day conducted from […]

May 15, 2024
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4min38
The Cathedral Quarter Hotel in Derby city center has recently been sold to new owners from Sri Lanka. The hotel’s new owners plan to bring a fresh perspective and an infusion of cultural diversity into the Derby hospitality scene by enhancing the hotel’s offerings and creating a unique blend of local charm with their own […]

May 13, 2024
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5min13
John Keells Properties further strengthened its partnership with DFCC Bank by inviting the Bank’s valued customers to tour the model apartment of its latest real estate project, ‘VIMAN’ Ja-Ela. Under the strategic partnership, DFCC Bank is extending attractive housing mortgage solutions to provide a compelling opportunity to prospective homeowners and investors from amongst its customer […]

May 8, 2024
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5min2
LankaPropertyWeb (LPW), the leading real estate portal in Sri Lanka, proudly announces groundbreaking enhancements set to revolutionise the real estate marketing industry. Demonstrating an unwavering commitment to innovation, LankaPropertyWeb introduces two cutting-edge features – the AI-powered social Media Promo Add-On Package and the ML Image Recognition Tool – designed to transform property listings and streamline […]

April 25, 2024

3min11
Prime Lands Residencies PLC, Sri Lanka’s leading real estate developer, achieved a significant milestone with the ground-breaking ceremony of ‘The Colombo Border,’ a landmark project poised to redefine urban living. With Phase I of the project nearly sold out, the company is now launching Phase II, coinciding with the commencement of construction. Piling work has […]

March 20, 2024
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3min14
Sri Lanka’s premier real estate developer, John Keells Properties, is proud to announce the nearing completion of its premier metropolitan apartment development, TRI-ZEN. With 80% of its units already sold. TRI-ZEN presents a rare opportunity for discerning homebuyers seeking a blend of convenience and smart tech integration. A limited number of units are still available […]

March 19, 2024
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5min5
Prime Group, the leading real estate developer in Sri Lanka, proudly announced the successful completion and handover of the state-of-the-art leisure residences at The Beach Front II Uswetakeiyawa. The grand ceremony, titled “Keys to Paradise,” was held on March 02, 2024, marking a significant moment as keys were handed over to the proud owners of […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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