HNB partners Mulberry Holdings to offer exclusive deals for prospective homeowners

HNB Deputy General Manager – Retail Banking Group Sanjay Wijemanne and Mulberry Residence Executive Director Archie Warman exchanging the agreement in the presence of (from left): HNB Mortgage Advisor Gayan Abeysinghe, Manager – Home and Personal Loans Sampath Dodanwela, Manager – Personal Financial Services Asitha Fernando, Assistant General Manager – Personal Financial Services Kanchana Karunagama, Mulberry Residence Director Dushmantha Kasun, Head of Sales Ishara Jayasundara and Manager – Sales Shahim Shums

HNB PLC, has partnered with Mulberry Holdings Ltd. to redefine the real estate industry by offering exclusive deals to potential homeowners and investors at the Mulberry Residences. 

This strategic collaboration was sealed at a special ceremony held at HNB Towers with HNB Deputy General Manager – Retail Banking Group Sanjay Wijemanne and Mulberry Holdings Executive Director Archie Warman. 

“The property market in Sri Lanka has experienced steady growth over the years, leading to an increased demand for residential properties. Given that homeownership is a lifelong dream for many, we partnered with Mulberry Holdings to ensure our loyal customers can access these properties. We believe that homeownership is not merely a transaction, but a profound long-term investment, shaping the foundation of a fulfilling life,” HNB Assistant General Manager Kanchana Karunagama said.  

The promotion period is extended to 31 March. HNB will ensure prospective homeowners are equipped with convenient, flexible repayment options tailored to their budgets. Moreover, the bank’s dedicated agents will support customers with legal documentation needed for the facility, reinforced by HNB’s backend processes, which ensure a speedy loan approval process. 

 Mulberry Holdings Executive Director Archie Warman said: “We are excited to join hands with HNB in this venture. This partnership reflects our shared commitment to making homeownership a reality for many. Mulberry Residence is not just a development; it’s a testament to our dedication to quality living. With HNB’s support, we look forward to unlocking new possibilities for homeowners.” 

Mulberry Residence in Colombo 9, a flagship development by Mulberry Holdings, is a testament to quality construction and innovative design. With 90% of units already sold, the development has garnered considerable attention in the real estate market.  

Mulberry Holdings, a subsidiary of Lanka Realty Investments PLC, established in June 2017, specialises in constructing premium residential and commercial properties. The developer boasts a track record of completing major real estate projects, including the renowned HQ Colombo commercial building, showcasing a commitment to excellence and innovation. 

Lanka Realty Investments PLC, the parent company, holds statutory approvals for multiple development projects in Colombo 9 and 10, representing a substantial total investment of Rs. 17 billion. This partnership exemplifies HNB’s dedication to empowering homebuyers with exclusive financing solutions and facilitating their journey to homeownership. Lanka Realty Investments PLC (LRI) manages a diverse portfolio with standout properties. W15 Weligama offers luxurious oceanfront accommodations, while W15 Ahangama provides a boutique villa experience in a tropical setting. Unity Plaza stands as a tech hub in Sri Lanka, and HQ Colombo offers modern and state-of-the-art premium office spaces. Each property showcases LRI’s commitment to excellence and innovation in real estate.