Saturday Dec 28, 2024
Saturday Dec 28, 2024
Friday, 22 April 2016 00:00 - - {{hitsCtrl.values.hits}}
Sri Lanka’s real estate market is a healthy choice for investors as it promises a great return on investment, along with many other opportunities to invest further. The demand for real estate has been growing surprisingly quickly, in tandem with infrastructural development in the country. Real Estate Expo 2016 will take place on 7 and 8 May at the Sri Lanka Exhibition and Convention Centre (SLECC). This two day convention will welcome thousands of visitors hoping to explore the projects currently available all over the rapidly developing island.
The exhibition
Lamudi Sri Lanka is hosting the island’s first local real estate Expo, powered by AVIC, where the country’s top real estate developers will be showcasing their brand new developments and projects that are currently being built. Real estate agents will also be on hand, presenting houses, apartments and commercial property to potential buyers. Real estate is booming in Sri Lanka, and events like this contribute to this rapid growth.
When it comes to supporting those who are looking to purchase property, home loan facilities are offered by many financial institutions in the country. Nations Trust Bank, one of the leading banks in Sri Lanka, has taken up the initiative of expanding this lending facility.
The expectation is that the Expo will make investing and house hunting easier, since almost all the projects in Sri Lanka will be on display at the event, with 3D models or projectors for people to shop around. It will be similar to walking into a mall. Developers such as AVIC and ICC, the respective title sponsor and silver sponsor for the event, are well-known pioneers of developing real estate in Sri Lanka. Banks, financial institutions, construction companies, architects and designers will also be at the Expo, ready for visitors’ and investors’ questions.
The wide breadth of exhibitors means that the event will cover the entire real estate package. The Expo intends to welcome a range of visitors, including fund managers, leading CEOs, executives, and of course proprietors and house hunters.
The Lamudi-AVIC Real Estate Expo has also managed to get some of Sri Lanka’s most powerful real estate companies on board as sponsors, and these valued sponsors have made the event possible. The Real Estate Expo has been promoted on a global scale, targeting potential investors who are pulled towards Sri Lanka’s attractive and expanding real estate market.
The full report is presented in an easy-to-read online format, available for viewing on the Lamudi website. Visit http://www.lamudi.lk/research/whitepaper-2015/.
Launched in 2013,Lamudi is a global property portal focusing exclusively on emerging markets. The fast-growing platform is currently available in 34 countries in Asia, the Middle East, Africa and Latin America, with more than 800,000 real estate listings across its global network. The leading real estate marketplace offers sellers, buyers, landlords and renters a secure and easy-to-use platform to find or list properties online.
