Kelsey Homes plans Mount Lavinia housing scheme
View(s):Kelsey Homes Ltd, the leading property developer in Sri Lanka, is planning a mega housing project in Mount Lavinia, according to information furnished to the Colombo Stock Exchange on Wednesday.
Kelsey Developments said its fully owned subsidiary Kelsey Homes has purchased a property for Rs 571.2 million at Mount Lavinia on February 24 ‘to be developed as a large-scale housing project”.
The property in question was earlier owned by Equity One, part of the Carsons Group. In an announcement to the stock exchange on Wednesday, Equity One said it sold its 6-acre property at 7, De Soysa Mawatha, Mount Lavinia for Rs.571.2 million.