EMS Leisure Holdings (Pvt) Ltd recently held the ground breaking ceremony for ‘Chatra,’ its first local project focused on developing, selling and subsequently operating a Luxury Holiday Home Villa cluster in Digana, Kandy. The project is valued at Rs. 1.1 billion and is expected to be completed by August 2024.
Chatra will be a gated community of 16 villas ranging from 3 - 4 bedrooms of 3,348 - 4,435 sq.ft with the main building of the compound comprising a restaurant, gym, spa and boardroom. The property has been developed with an eco-conscious mind set from the point of inception and is in accordance with all environmental guidelines, featuring organic cultivation, solar power, recycling, and waste-water management for each villa, the company said in a media release.
Speaking about the project, Vinod K. V - Group CEO of EMS Leisure said, “We are committed to deliver this project on time. Apart from the core deliverables, this remains our main priority and commitment to both our clients and shareholders. Chatra is backed by a team of professionals from diverse fields and while we are cognisant of unexpected circumstances occurring, it is the strength that this diversity brings that makes us confident of completing Chatra by the promised date of August 2024.”
Situated on 3.5 acres of 100 per cent freehold and privately owned land the project features a construction footprint of 22 – 25 per cent in a prime tourist destination with mega infrastructure developments taking place in the area such as the construction of a highway, enabling faster and more convenient access. Furthermore, all necessary approvals needed to begin construction have been obtained so that work may commence without any delays leading to timely handover of the units.
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