Walkers CML Properties breaks ground at Arcadia – Battaramulla

Wednesday, 7 March 2018 00:00 - - {{hitsCtrl.values.hits}}

Walkers CML Properties Ltd., a subsidiary of the 160-year-old Walkers CML Group, recently announced the launch of Arcadia, a 42-unit residential apartment complex in the heart of the island’s administrative capital.

Located in Subuthipura, Battaramulla, Arcadia promises its residents every modern amenity including a multi-function hall, swimming pool with separate kids’ pool, centralised piped gas systems, rooftop garden, backup generator, around the clock security with CCTV monitoring, and designated parking.

Subuthipura is synonymous with heritage and a distinct standing, reaffirmed by being the home of the Parliament of Sri Lanka and all major administrative bodies. Located just eight km from central Colombo Arcadia is located in the most rapidly-developing and expanding residential areas of Colombo’s immediate outskirts being home to a large expatriate population and affluent individuals. Walkers CML Properties Director and Walkers CML Group Engineering Services sector President Viraj de Silva said: “Through Arcadia, Walkers CML offers customers exceptionally competitive pricing and a chance to make a safe, long-term investment in housing regardless of intention to use it for primary residential purposes or to enjoy a return on capital gains. The locations centrality allows easy access to highways and the city centre alike, all within a calm and peaceful surrounding. Adding weight to the opportunity presented by Arcadia, Walkers CML Properties Chief Executive Officer Eng. Lalinda Kalubowila stressed that in a dynamic market, it is important for investors to look into the developer of a project and assess their capacity.

He said: “Arcadia will be built by CML MTD Construction Ltd., a subsidiary of the Walkers CML Group. Being one of the few CS2 grade contractors in the island, we have every confidence in assuring our customers the best possible value. Through our presale of 40% of the units, we see that this value is well perceived by our customers.”