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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.

Ground-breaking of "The Residence" at Verdant Square: A Milestone in Our Journey ================================================================================== On the 5th of July, 2025 , a significant chapter in the history of Evercore Properties will be written. We officially commence the ground-breaking ceremony for our flagship project, "The Residence," located at the prestigious Verdant Square. This day is not just a date on the calendar; it symbolizes our unwavering commitment to excellence and innovation in the real estate sector in Sri Lanka. Significance of the Date The choice of July 5th, 2025, holds special meaning for our team and stakeholders alike. It marks the culmination of years of meticulous planning, strategic visioning, and collaboration with architects, designers, and community leaders. This date represents the beginning of an ambitious endeavor that aims to redefine luxury living in our vibrant community. We aspire to offer a blend of sophistication and sustainability. Construction site preparation in progress: A series of images showcasing land clearing and leveling with heavy machinery, readying the area for development amidst urban surroundings. About "The Residence" at Verdant Square "The Residence" is not just another residential development. It is envisioned as a lifestyle destination that harmonizes modern living with the natural beauty of its surroundings. Nestled in the heart of Verdant Square, this project will feature state-of-the-art amenities. Thoughtfully designed living spaces and a variety of communal areas will foster a sense of community among residents. Our goal is to create a sanctuary where comfort meets elegance, providing an unparalleled living experience. Community Impact and Engagement As we prepare for this groundbreaking ceremony, we are aware of the impact that "The Residence" will have on the local community. We will create job opportunities during construction. The project is set to foster economic growth through increased local business activity. Our commitment is to engage with local residents and stakeholders throughout this journey. We will ensure that their voices are heard and their needs are met. A Celebration of Vision and Collaboration The groundbreaking event will be a celebration of vision, collaboration, and the shared commitment to creating something extraordinary. We anticipate the attendance of local dignitaries, industry leaders, and members of the Evercore team. All will come together to commemorate this exciting milestone. The ceremony will feature speeches that reflect our vision for "The Residence" and highlight the hard work and dedication that have brought us to this pivotal moment. Looking Ahead As we stand on the cusp of this new beginning, we feel anticipation for what lies ahead. The groundbreaking of "The Residence" at Verdant Square is not just an end. It is a thrilling beginning of a transformative journey. We invite everyone to join us in celebrating this momentous occasion. Join Us We look forward to sharing updates on the progress of this landmark project in the months and years to come. Together, we will build not just homes, but a vibrant community that embodies the spirit of Evercore Properties. We encourage you to stay engaged with us. Participating in this journey is important. Our commitment to open communication ensures that our community will be informed about every step. Whether you are a future resident or a supporter of our vision, your involvement matters. Feel free to reach out through our contact page and stay updated. Let's work together to create spaces that inspire and thrive.

In the realm of architecture and construction, a revolution has been brewing. The traditional bricks and mortar structures are gradually making way for a new era of sustainable building solutions. Imagine a future where our buildings not only serve as shelters but also actively contribute to a greener environment. This captivating concept is not a distant dream but a reality being shaped by groundbreaking innovations that are setting new standards for eco-conscious construction methods. Embracing Sustainability for a Greener Tomorrow Sustainability is no longer just a buzzword; it has become a guiding principle for architects, engineers, and developers alike. The quest for sustainable building solutions has prompted a wave of innovation that is redefining the way we design, construct, and inhabit buildings. From energy-efficient designs to eco-friendly materials, every aspect of the construction industry is undergoing a transformation to minimize its environmental footprint. The Rise of Smart Buildings One of the most remarkable innovations in sustainable construction is the rise of smart buildings. These structures are equipped with cutting-edge technology that enables them to optimize energy consumption, monitor environmental conditions, and enhance occupant comfort. Through the integration of smart sensors, automated systems, and data analytics, these buildings are not just passive structures but active participants in the quest for sustainability. Harnessing the Power of Renewable Energy Renewable energy sources play a pivotal role in sustainable building practices. The integration of solar panels, wind turbines, and geothermal systems allows buildings to generate their electricity, reducing reliance on conventional power grids. By harnessing the power of the sun, wind, and Earth, sustainable buildings are not only self-sufficient but also contribute excess energy back to the grid, further promoting a clean energy ecosystem. A Paradigm Shift in Material Innovation Traditional construction materials like concrete and steel have long been associated with high carbon emissions and environmental impact. However, the emergence of innovative materials such as recycled steel, bamboo, and hempcrete is revolutionizing the way we build. These sustainable alternatives not only reduce the carbon footprint of construction but also offer durability, insulating properties, and aesthetic appeal. Green Roofs and Vertical Gardens Green roofs and vertical gardens are breathing new life into urban landscapes while promoting sustainability. These living installations not only provide insulation, reduce stormwater runoff, and improve air quality but also create urban oases that enhance the quality of life for residents. By transforming barren rooftops and walls into vibrant green spaces, sustainable buildings are reshaping the urban environment for the better. Conclusion: Paving the Way to a Sustainable Future The future of sustainable building is filled with endless possibilities and exciting innovations that challenge the status quo. As architects, engineers, and designers push the boundaries of creativity and technology, we are witnessing a transformation in the way we interact with our built environment. From smart buildings to renewable energy solutions, every innovation brings us one step closer to a greener, more sustainable future. Let's embrace these innovations beyond imagination and pave the way to a world where buildings not only shelter us but also nurture the planet we call home. Together, we can build a future that is truly sustainable, resilient, and inspiring. Embark on this journey with us as we explore the frontiers of sustainable building and witness the birth of a new era in architecture and construction. The future is here, and it's greener than ever before! Let's build a world where sustainability is not just a choice but a way of life. Join the revolution, embrace innovation, and together, let's shape a future that is beyond imagination.

Foreign investors in the real estate sector in Sri Lanka can find numerous incentives that are especially appealing to them. Re-launch of the Investor Visa Program : In June 2024, Sri Lanka reintroduced the Investor Visa program to attract non-Sri Lankans interested in purchasing condominium units. This program allows for online applications and offers significant benefits, such as a five-year visa for investments of USD 100,000 and above, and a ten-year visa for investments of USD 200,000 and above . Tax Incentives and Policy Reforms : The government has implemented a competitive tax package to make investing in Sri Lanka more appealing. This includes tax breaks, duty exemptions, and simplified land and property acquisition procedures . Additionally, new investment laws are being introduced to ensure the investment rights of foreign investors and to create a more investor-friendly legislative framework . Colombo Port City Project : This ambitious project is designed to create a new financial district in Colombo, offering numerous opportunities for real estate investment. The government has provided various incentives, including tax breaks and duty exemptions, to attract foreign investors to this project . Streamlined Processes : Efforts are being made to simplify and expedite the investment process. For example, the Investor Visa program now allows foreigners residing in Sri Lanka to apply for visas without leaving the country, and the approval process has been streamlined to take a maximum of five days . Promotion of Real Estate Events : Events like the Lanka Property Show 2023 have been instrumental in showcasing Sri Lanka’s real estate potential to a global audience. These events highlight luxury condominiums and gated community housing developments, attracting significant interest from foreign investors . In the past year, the Sri Lankan government has announced several initiatives to attract foreign investors into the real estate sector: New Investment Law : Set to be unveiled by the first quarter of 2024, this law aims to ensure the rights of foreign investors and make Sri Lanka an investment-friendly destination. It will feature several incentives designed to attract foreign direct investment (FDI) . Policy Reforms : The government is focusing on policy reforms to create a more conducive environment for foreign investments. This includes streamlining regulations and eliminating bottlenecks to facilitate smoother investment processes . Financial Incentives : There is a push to reintroduce tax exemptions for foreign real estate investments, which were previously removed. This move is expected to make Sri Lanka more competitive compared to other markets like India, Pakistan, Thailand, and Dubai .

http://www.ft.lk/propertyconstruction/SLT-fibre-to-power-new-apartment-complex---The-Mount-/10516-669623 Sri Lanka Telecom (SLT) recently entered into a partnership with Evercore Properties Ltd., an organisation that is committed to enhancing the lifestyles of Sri Lankans through the construction of residential apartments and houses that promise highest living standards with unique designs. Under the agreement, SLT will be the total digital services provider for the 35 luxury apartments within the building, powered via the company’s state of the art fibre infrastructure that will serve as the apartment’s communications backbone. The agreement between the two companies was signed at an official ceremony held at SLT premises recently with the signatories from Evercore Properties: Rajen Sangaran (Director) and Jasbir Singh (Director); and signatories from SLT side: K.A.K. Perera (Chief Executive Officer) and Imantha Wijekoon (Chief Sales and Regional Officer). Several other officials from both organisations who were involved in the project were also present at the agreement signing. SLT will be powering the entire suite of apartments with the company’s fibre-to-the-home infrastructure that will provide residents with ultra-fast internet connectivity with download speeds of up to 100 Mbps, crystal clear voice communications as well as access to high definition (HD) TV content via PEO TV. SLT’s robust and reliable ICT services will pave the way to revolutionise the digital lifestyle experience of the building’s residents. The Mount, located at Quarry Road, Mount Lavinia, is centrally located just 150 meters from Galle Road and a few minutes away from Mount Lavinia Beach. It offers individuals the opportunity to own their dream home and enjoy a comfortable lifestyle with modern facilities at competitive prices.