Dwellings Group, Australian property investment for Sri Lankan investors

Tuesday, 21 October 2014 00:45 - - {{hitsCtrl.values.hits}}

The need for landlords, landowners and property investors to generate maximum returns from their assets is becoming increasingly important, and property investment advice is invaluable to attain this. Dwellings Group property investment services cover all areas in Australia and asset types from large scale residential buildings and units to houses in booming outer suburbs.

The organisation’s national team of experts can provide advice on a range of services from property investment to property management. With this in mind, the Group has introduced a novel concept in real estate investment to local investors in Sri Lanka. Dwellings Group focuses on assisting clients to create wealth by investing in property in Australia, which would in turn create opportunities for interested local investors to own prime real estate outside Sri Lanka. Priority is given to educating clients on investment strategies that optimise the use of their capital, with an entire spectrum of services related to acquiring real estate being offered to astute investors. The Group handles property development and management, home loan finance, legal and immigration services in addition to providing investment advice. Australian banks lend up to 75% of the property value to Sri Lankans who are non-citizens and non-residents of Australia. The right property in the right location in Australia will yield between eight and 10% annual growth. Additionally, Sri Lankans who invest in Australian property can repatriate their money to Sri Lanka with substantial returns after three to five years. Dwellings Group will guide investors through the entire property-investment process, beginning with obtaining finance approval from an Australian bank and an endorsement from the Foreign Investment Review Board in Australia, to the management of end-to-end construction of the property up to the point where the properties are rented out to tenants. Director of Dwellings Group Navin De Silva stated: “We go well beyond the call of duty to achieve goals of our global clientele and to ensure that they get maximum return on their investment Our main goal is to create wealth for our investors through property development and right advice.” The group was founded by three Sri Lankan entrepreneurs; Navin De Silva, Sanjika Abeyratna and Theekshana Somarathne, who have spearheaded Dwellings Group to its present status – a leading property development and marketing company, based out of Melbourne. Their unparalleled customer service has not only won many hearts of fellow Sri Lankans who have invested with the company in a big way, but also many investors from Dubai, China, Malaysia and Singapore. Dwellings Group is working with the top five builders and developers in Australia such as Lend Lease, Metricon and Burbank and JGKing, which gives an indication of their reputation among the Australian real estate industry. While Dwellings Group has assisted a number of Sri Lankan investors, future immigrants and parents who would like to send their kids to Australia, they have been instrumental in helping a number of leading public listed companies and private companies to diversify their businesses into Australian property development. Dwellings Group has been educating the Sri Lankan investors and future migrants by conducting information sessions and by allowing the interested investors to have one-on-one discussions with the property experts. Australian property showcase is conducted by Dwellings Group on a quarterly basis and the latest session was held on 18 and 19 October at Cinnamon Grand Hotel Colombo. Being a diversified company, Dwellings Group is already into IT outsourcing, building supplies imports and fine dining restaurants in Australia. The latest addition to its portfolio is www.myproperty.lk, which is an online real estate portal where all Sri Lankans can sell their properties to overseas investors and expats in Dubai, UK, US, Australia, New Zealand and China. Further details could be accessed at www.dwellingsgroup.com.au.