JAT Property Group Pvt Ltd recently announced the launch of its fourth residential development - 146 Residencies, located in Thalawathugoda. The project which is expected for completion by March 2024 was launched with over 30 per cent of apartment inventory already pre-sold, acting as a marker of the development’s investment potential, according to a company media release.
Built on 92 perches, with a starting price of Rs. 22 million, 146 Residencies is expected to bring in a minimum of 25-35 per cent capital gains in the next 2 to 3 years; whilst offering potential rental yields of up to 7 per cent year-on-year.
Director, JAT Property Group Pvt Ltd - Richard Gunawardene said: “Each of our 112 units are carefully thought of and curated to maximise efficiency, aesthetics and design. Owing to its unique design and living spaces, 146 Residencies is expected to be one of the most sought after projects in such an exciting and upcoming neighbourhood which promises high returns on investment (ROI).”
Its 112 apartment units spread across 12 floors, offers 2, 3 and 4-bedroom apartments ranging from 688.6sqft to 2,367.2 sqft. The unique feature of this property is that investors and residents alike can opt for limited garden-terrace apartments. The property's 8,800 sq ft rooftop offers common facilities to suit the modern urbanite - offering a 360-degree view of the city and surrounding greenery, a swimming pool with an intricate mosaic design, bbq area and a designated kids’ playground, the release said.
Above a view of one of the apartments
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