Govt to give 500 houses on freehold basis.

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The Government has decided to give 500 housing units constructed in Mandavila, Angoda on a freehold basis.

The Lake Crest Residences housing project in Mandavila, Angoda implemented by the Urban Development Authority and consisting of 500 housing units, has been handed over to the beneficiaries in the year 2018.

Accordingly the cabinet of Ministers approved the proposal presented by the Minister of Urban Development to give freehold deeds according to the Condomium Law to the residents those who have settled all the payments related to the housing units.

In the case of the residents who have not done so, the cabinet decided to give freehold deeds after they have completed the relevant payments

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