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Colombo land valuation rises by 7.7% in 2024

Colombo land valuation rises by 7.7% in 2024

28 Feb 2025 | BY Staff Writer

The Land Valuation Indicator (LVI) for Colombo District reached 236.8 in the second half of 2024, marking a 7.7% year-on-year increase, according to the Central Bank of Sri Lanka (CBSL).


Residential, Commercial, and Industrial LVIs contributed to this growth, rising by 9.9%, 9.4%, and 3.9%, respectively. 


The semi-annual increase was slower compared to the first half of 2024, with the highest growth observed in the Residential sector.


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