Construction on Thotalanga apartment complex begins
Set to be 15 storeys with 700 apartments
Estimated AIIB-funded project cost at Rs. 4 billion
Keeping with its development plans, the Government recently commenced the construction of free housing for the estate community. The Ministry of Urban Development and Housing ended the month of April with the commencement of the apartment complex at the Madampitiya Junction, Thotalanga.
According to a media release by the Ministry, the project was initiated under the instructions of President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa based on the goals of the “Vistas of Prosperity and Splendour” national framework. The apartment complex is being built on two acres of land owned by the Urban Development Authority (UDA) and is set to be 15 storeys high, with a total of 700 apartments.
“This new housing for the estate community will provide 700 families with a house free of charge. Each of these houses measure 500 square feet in size and each of these houses costs the Government a total of Rs. 5.6 million to build; excluding the value of the land,” the statement from the Ministry read.
They also explained that each house consisted of a living room, two bedrooms, a kitchen, a bathroom, and a terrace. Elevators are also set to be installed in the complex for the use of the residents of the 15-storey apartment complex.
In the media statement, Ministry of Urban Development and Housing Secretary Sirinimal Perera stated that a number of other facilities including parking facilities have also been added to the housing project. The apartment complex will also host 15 shops for each of the floors, in order for the residents to purchase their daily necessities.
The entire project cost an estimated Rs. 4 billion, and is funded by the Asian Infrastructure Investment Bank (AIIB) together with both the Ministry of Urban Development and Housing and the State Ministry of Urban Development, Coast Conservation, Waste Disposal, and Public Sanitation. The contractors for the project were named as Tudawe Brothers (Pvt.) Ltd, in the media release.
These 700 houses mark the commencement of a much larger project, which looks to build 4,024 houses in total. So far, the Government has spent Rs. 18 billion on similar projects, such as 700 houses in Apple Watte, 624 houses on Colombage Mawatha, 1,000 houses in Stadium Gama, 300 houses in Obeysekarapura, and 750 houses on Ferguson Road. Therefore, out of nine free housing projects for low-income earners, the Government has already completed six.