Amana Bank partners Marina Square Uptown Colombo to offer affordable apartment financing

Tuesday, 29 October 2024 01:23 - - {{hitsCtrl.values.hits}}

The exchange of the MoU between Amana Bank Chief Operating Officer Imtiaz Iqbal (fifth from left) and Harbour Village Director Kosala Wickramasinghe

Amana Bank recently announced its partnership with Harbour Village Ltd. to offer unique people-friendly apartment financing solutions to purchase state-of-the-art apartments at Marina Square – Uptown Colombo project.

This strategic collaboration underscores Amana Bank’s commitment to making luxury apartment living in Sri Lanka more affordable and accessible while also supporting the growth the local real estate market.

Located in close proximity to the Colombo Harbour and the Port City, The Marina Square project offers unique investment opportunity with the promise of high returns. The condominium is the largest harbour-front mixed development in Sri Lanka, a joint venture between Access Engineering PLC and China Harbour Engineering Company.

Offering numerous benefits, including up to 70% financing of the purchase price, a repayment period of up to 15 years, and customised repayment plans to suit various income capacities, Amana Bank’s Apartment Financing solution ensures swift credit approval within three days with a grace period during the construction period along with the option to settle the facility in advance with no additional charges.

Spanning over five acres, Marina Square – Uptown Colombo provides a range of amenities, including walking and jogging tracks, 2 acres of open sky garden spaces, and infinity pool, a clubhouse, a games room, a kids’ play area, a fully equipped gymnasium, and commercial elements within the complex. Its proximity to Colombo’s Central Business District, upscale shopping malls and transportation networks make it an ideal residential and investment opportunity. Amana Bank Chief Operating Officer Imtiaz Iqbal said: “Amana Bank is honoured to collaborate with Marina Square Uptown Colombo showcasing our dedication to facilitating property investments in Sri Lanka’s growing real estate market. This partnership enables us to provide tailored solutions and seamless processes for owning a state-of-the-art apartment.”

Harbour Village Ltd. Director Kosala Wickramasinghe said: “Marina Square has always been dedicated to offering homeowners the urban luxury lifestyle they aspire to, with our curated spaces and range of amenities that have been thoughtfully designed to suit the requirements of every modern homeowner. Through this partnership with Amana Bank, we hope to make the urban lifestyle dream more accessible to aspiring homeowners.”