Sri Lankan-Canadian investor creating luxury living space in Nilaveli
View(s):Ideal Developments Canada and Pura Resorts Canada have announced a mixed development project in Sri Lanka’s eastern Nilaveli region involving luxury living combined with star-class hospitality services.
The PURA Luxury Resort will have 50 luxury resort chalets and 62 luxury island homes ready for occupation by April 2020.
The promoter told a media conference in Colombo last week that Ideal Developments is a multi-faceted company that develops residential and commercial real estate throughout Greater Toronto.
Managing Director of Pura Resorts Inc and Director of Corporate Affairs Ideal Group Sri Nithya Omkarananda, said: “Our entire concept is built around having five star resorts and vacation resorts in destinations that have untouched beauty – raw, virgin surrounds – lush greenery and large trees that form the backdrop to oceans, waterfalls and rivers, basically, offering nature, paradise, luxury, joy and inspiration.”
Ideal Developments founded by Sri Lankan Shaji Nada, collates design-forward strategies to create exceptional projects that showcase leading-edge architecture and technology, boasting an impressive portfolio of upscale custom luxury homes, a media release issued at the event said.
The 62 spacious vacation villas at PURA come in three and four bedroom layouts, each featuring expansive gardens, light-filled interiors, parking, private swimming pool and glass-walled living and dining areas blurring the line between indoor and outdoor space with complete privacy.
The project’s chief architect Philip Weeraratne said that maintaining the central theme of nature is an integral facet and utmost care is being taken to preserve the existing trees and landscape. “The natural stream that runs through the site is incorporated into the design, sometimes even meandering through guest rooms, while large expanses of the site remains as preserved jungle,” he said.
The project to be launched in Canada, UK and Australia in February, will, when completed become an exclusive part of the prestigious PURA resort community brand, which PURA Management manages as vacation villas for the owners. Mr. Omkarananda said the properties are included into the resort rental pool when unoccupied by the owner, generating revenues, while also enabling Sri Lankan expatriates to have a second home, without the hassle of finding suitable property and constructing it.