Evercore Properties Launches BOI Approved Project: VERDANT SQUARE
- EVERCORE PROPERTIES
- Oct 11
- 2 min read
Updated: Nov 3

A New Era of Living in Nugegoda
Evercore Properties (Pvt) Ltd. is thrilled to announce its latest apartment development, VERDANT SQUARE. This project, located on Pagoda Road in Nugegoda, has received BOI approval. This recognition highlights its potential to stimulate economic growth and attract foreign investment. Recently, a significant agreement worth USD 12 million was signed between Evercore Properties (Pvt) Ltd. and the Board of Investment of Sri Lanka (BOI). The signing took place at the BOI Head Office, with BOI Chairman Arjuna Herath and Evercore Properties Chairman Rajeepan Raguneethan in attendance. For more information, visit the BOI website.
The Essence of Suburban Living
VERDANT SQUARE is the epitome of suburban living. It features 72 elegant and spacious apartments, offering 1, 2, and 3-bedroom options. Each apartment showcases 12 distinctive architectural styles, designed by the renowned Chartered Architect Upula Chandrakumara. The construction is carried out by the esteemed contractor L. H. Piyasena & Company, ensuring that all units meet international standards.
Exceptional Amenities
Residents can enjoy high-quality amenities that enhance their living experience. VERDANT SQUARE boasts spacious balconies and an open rooftop, providing stunning views of the surrounding landscape and city skyline. Exclusive facilities include:
An infinity swimming pool
A well-equipped gymnasium
A clubhouse for social gatherings
A rooftop garden for relaxation
Safety and Security
Safety is a top priority at VERDANT SQUARE. The development features Smart Access Control, CCTV surveillance, and 24-hour security to ensure peace of mind for all residents.
Prime Location
Conveniently situated on Pagoda Road, Nugegoda, VERDANT SQUARE offers easy access to Colombo, the commercial capital. This prime location ensures seamless connectivity to urban residential amenities. Residents will find supermarkets, restaurants, educational institutions, hospitals, banks, and shopping centers just a stone's throw away.
Economic Impact
VERDANT SQUARE is poised to make a significant impact on the national economy. The project is expected to create numerous direct and indirect job opportunities in various sectors, including construction, property management, and maintenance.
A Hub for Real Estate Investment
Colombo has the potential to become a real estate investment hub in South Asia. VERDANT SQUARE represents an exceptional investment opportunity for both local and international investors. The project not only enhances the living standards but also contributes to the overall economic landscape of Sri Lanka.
Conclusion
In conclusion, Evercore Properties (Pvt) Ltd. is proud to introduce VERDANT SQUARE, a BOI approved project that promises to redefine suburban living in Nugegoda. With its elegant apartments, exceptional amenities, and prime location, it stands as a beacon of investment potential. As the project progresses, it will undoubtedly play a crucial role in boosting the economy and attracting further investments to the region.




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