Home Lands, Sri Lanka’s leading real estate developer, has announced that Central Park Boulevard Port City Colombo has reached a major construction milestone, with 60% of its piling work completed in less than three months since the project’s launch. Progress is currently 10% ahead of schedule, highlighting the pace of construction and the company’s focus on timely project delivery.
The development’s piling programme continues to advance ahead of its planned targets, reflecting Home Lands’ emphasis on strategic planning, financial strength and an integrated business model to execute large-scale developments efficiently.
A total of 192 piles are planned for the development, with nine piling machines deployed at the site. Three major contractors are currently undertaking the work: Access Engineering PLC, SanPiling (Pvt) Ltd., a subsidiary of Sanken Construction, and D P Jayasinghe Piling Company (Pvt) Ltd. The contractors’ extensive equipment fleets and specialised expertise are supporting the scale and pace of construction.
Located in Port City Colombo, Central Park Boulevard represents a significant investment in Sri Lanka’s real estate sector. Home Lands has committed USD 150 million to the project, while the total development value is estimated to exceed USD 300 million. The company expects the project to attract substantial foreign currency inflows through global marketing initiatives targeting international buyers.
Situated in the prestigious Central Park District, the ultra-luxury twin-tower development introduces a globally branded lifestyle concept to Sri Lanka. It is designed to offer a premium residential experience with views of nearly 40 acres of Central Park and the Indian Ocean.
Home Lands’ established track record is another factor supporting confidence in its ability to deliver the project. The company was recognised as Best Developer – Sri Lanka at the PropertyGuru Asia Property Awards in 2021, 2024 and 2025, and became Sri Lanka’s only real estate Superbrand in 2025.
With more than two decades of industry experience, Home Lands has sold over 5,000 residences and delivered more than 3,750 homes. A further 400 units are ready for delivery within the year, while more than 2,850 units are currently under construction. These figures reflect the company’s operational scale and experience in delivering residential developments.
Home Lands has also strengthened its long-term commitment to Port City Colombo by acquiring a second land parcel in the Central Park District, following its earlier acquisition of the first. Spanning more than three acres, the newly acquired site is similar in size to, and located adjacent to, the land on which Central Park Boulevard Port City Colombo is being developed.
The additional acquisition underscores the company’s continued investment in Sri Lanka’s real estate sector and its confidence in the long-term potential of Port City Colombo.
Technocity Completes ‘Rebuilding Sri Lanka’ Initiative, Supporting More Than 18,000 Students
LKR 80 Million Commitment Supports Digital Education Across 39 Schools in the North Western Province
Technocity (Pvt) Ltd. has completed its ‘Rebuilding Sri Lanka’ initiative, a corporate social responsibility programme designed to expand access to technology and digital education for 18,326 students across 39 schools in Sri Lanka’s North Western Province.
Implemented in collaboration with the Prime Minister’s Office, the Ministry of Education and provincial education authorities, the initiative was launched in late December and completed by the end of April, delivering its planned activities within four months.
As part of the programme, Technocity committed LKR 20 million in cash through the Prime Minister’s Office, alongside information technology equipment and related infrastructure valued at approximately LKR 60 million. This brought the company’s total commitment to around LKR 80 million.
Establishing Complete Digital Learning Environments
Rather than limiting its contribution to computer donations, Technocity designed the programme to establish fully equipped, practical digital learning environments that schools could use immediately.
The initiative included the establishment of nine fully equipped IT laboratories, technology upgrades at participating schools and the complete outfitting of one Zonal Education Office.
The equipment provided included desktop computers powered by Intel Core i5 processors, featuring 16GB of RAM and 512GB SSD storage, as well as 22-inch monitors and other essential IT equipment. Technocity also supplied computer tables, chairs and other furniture needed to make the laboratories functional learning spaces.
The company said the initiative was guided by the belief that access to technology is essential to modern education. It also reflected the view that students, regardless of their geographical location or economic circumstances, should have opportunities to develop the digital skills needed for the future.
Home Lands Completes 60% of Piling Work at Central Park Boulevard, Port City Colombo, in Record Time
