Tuesday Mar 11, 2025
Monday, 10 March 2025 03:36 - - {{hitsCtrl.values.hits}}
From left: HNB Mortgage Advisor Rajika Nishantha, Manager - Home and Personal Loans Sampath Dodanwela, Manager - Personal Financial Services Asitha Fernando, AGM/Head of Retail Banking Kanchana Karunagama, Home Lands Group Chairman Nalin Herath, Director - Operations and Administration Lanka Jayasinghe, Director - Legal Nimali Gunasekera, Home Lands Skyline Manager - Bank Loans Harsha Herath, and Home Lands Holdings Manager - Bank Loans Dayasena Bandara
HNB PLC, has signed a Memorandum of Understanding (MoU) with Home Lands Group, a leading real estate developer, to offer exclusive home loan facilities for customers purchasing properties from the developer.
The partnership, will be valid until 31 December, and aims to enhance accessibility to homeownership through tailored financial solutions.
HNB AGM/Head of Retail Banking Kanchana Karunagama said: “Sri Lanka’s real estate market is on track to maintain a steady growth over the next few years, driven by factors like the country’s recovering economy, investment opportunities, and growing demand in luxury properties. The signing of our agreement with Home Lands Group will enable customers to make the most of current opportunities to own the home of their dreams by obtaining home loans on attractive easy payment schemes.”
Home Lands Group, recognised as the “Best Developer” at the Property Guru Asia Property Awards (Sri Lanka) in 2024, boasts a strong portfolio of condominium developments, individual housing projects, and land sales. Under this agreement, HNB will provide competitive interest rates and flexible repayment terms to customers investing in Home Lands Group’s residential projects, making the dream of homeownership more attainable for individuals and families across Sri Lanka.
Home lands Group Director Lanka Jayasinghe said: “Home lands Skyline has always dedicated itself to providing prospective homeowners with the best residential options for their needs. To this effect, our continued collaboration with HNB is a testament to their outstanding support and facilities in this market. Together, we hope to provide housing solutions to address this gap, and continue to drive Sri Lanka’s housing sector’s growth.” HNB said this partnership underscores its commitment to fostering collaborations with leading industry players to drive positive change in Sri Lanka’s real estate landscape. By leveraging its expertise in home financing, HNB continues to play a pivotal role in shaping the future of housing in the country.
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