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Monday, 9 June 2014 00:00 - - {{hitsCtrl.values.hits}}
Rajagiriya has developed into an elite area sought by many in the last couple of years.
Buyers of Iconic 110 Parliament Road apartments will soon be able to move into their new homes as the project nears completion as per its scheduled deadline.
With 90% of the apartments already sold, new buyers will also have the chance to buy the few unsold units.
Following are excerpts of an interview with ANPG Group Director Rohan Parikh who spoke on the project:
Q: Tell us about the quality of the project.
A: Iconic 110 Parliament Road offers residents the unique combination of premium amenities and convenient location. With state-of-the art facilities dedicated on two levels, these luxury apartments include a swimming pool, gym, tennis courts, jogging track, restaurant, children’s play area, basketball courts etc.
All the apartments have uniquely spacious floor plans; the statuesque towers offer exceptional apartment layouts with multiple corner views with adequate thought going into natural ventilation and natural lighting.
I can very confidently say that getting the same qualities and facilities, in the price bracket that we provide for our customers, are almost impossible. I think we are the best in the market in terms of rate to the value. This has been made possible because we only work with the best sub-contractors in Sri Lanka.
Q: Could you give us more details on Iconic 110 Parliament Road and the advantages of this apartment complex?
A: The Iconic 110 Parliament Road has a choice of two and three bedroom units as well as four bedroom duplex units. In close proximity to the Parliament Road as well as being located on the border of Colombo 7 makes Iconic 110 Parliament Road Apartments an extremely convenient location offering much pursued connectivity to its residents.
The location has now become more popular with the new expressway linking the airport to Colombo.
In addition the best schools, banks, hospitals and other service providing commercial entities are all clustered around Iconic 110 Parliament Road making it the ideal location.
Q: What do you think of the business market for real estate in Sri Lanka?
A: This particular industry in Sri Lanka has had some challenges during the last stages of the war. However our project I am proud to say has been successful because we have focused on three key aspects; consumer friendly rates, top of the line quality and excellent location.
We believe with the right product and right price the Sri Lankan market has great medium term potential
Q: How has the support of the Government been for this particular project and the industry as a whole?
A: It has been great and if not for their support, construction as an industry would have had several setbacks. We work in various different markets in the Asian region and we found that the level of support and professionalism portrayed by the Government of Sri Lanka have been unique.
Q: What other plans for Atlantis in Sri Lanka?
A: This is the first real estate project in Sri Lanka for Atlantis. We are actively looking at some new projects which are close to being finalised. We will announce this once we hand over the current apartment project. The reason being real estate is a field that needs a lot of confidence in the developer and right now we are focussed on finishing the Iconic project and delivering it to the client before announcing the second project.
Q: What is your view on the potential of real estate in Sri Lanka?
A: The economic growth has been tremendous in the past five years and the future economic potential looks very bright. I am confident that the country will see a rapid growth and with that an increase in commercial and residential construction.
Q : Give us a history of Atlantis
A: Atlantis is part of our parent Group, the Apurva Natvar Parikh Group (ANPG) which is a 60 year old company based out of Mumbai India. Atlantis is the construction and property development arm of ANPG Group.
It has a history in Sri Lanka having executed projects since the 1980s Some of the significant achievements in Sri Lanka include logistical support for the transportation of engines for the Sapugaskanda Power Project, completion of transport for the Kelanitissa Power Project by developing a specialised ramp to bypass weak bridges en route, Horana Power Project for ACE Power and the Embilipitiya Power Project.
