Kelsey Homes and HNB partner to provide loans up to 75% for URBAN GATEWAY project in Kottawa

December, 19, 2019

Kelsey Homes, the pioneering real estate developer in Sri Lanka, has partnered with HNB, one of the country's leading banks, to provide aspiring homeowners with special loans of up to 75% for purchase of homes at URBAN GATEWAY in Kottawa. This, home loan scheme will facilitate the purchase of their dream homes, without having to depend too much on savings.

Kottawa is connected to the Southern province via the Southern Expressway and to Colombo via the Outer Circular Expressway. With these improvements in the country’s infrastructure, Kottawa is the ideal location for those who seek accessibility. Kelsey Homes has pioneered this unique proposition in Kottawa by focusing on compact house designs.  URBAN GATEWAY will consist of 30 houses with two types of units, each consisting of 1700sq.ft (floor area) + 600sq.ft (roof top). These have five and four bedrooms (and maid’s quarters). In keeping with the Kelsey Homes philosophy, all units will be equipped with quality fittings and fixtures, kitchen cabinets with hood and hob; AC’s in the bedrooms; garden space; a covered parking space and an open plan rooftop.  The houses in URBAN GATEWAY are priced at LKR19 million upwards and price per sq.ft. is one of the lowest in the market.

URBAN GATEWAY Kottawa will offer homeowners the convenience of a gymnasium, elevated swimming pool, clubhouse and round-the-clock security within a gated community. This complex has been conceptualized to cater to families where both husband and wife are employed, constantly on the go and seek a convenient location, 24-hour security and a compact home. With 4 and 5-bedroom units, URBAN GATEWAY is also ideal for extended families. The location offers convenience of accessibility to Colombo in less than 30 minutes following the completion of the proposed Outer Circular Expressway scheduled for mid-2022. Being in close proximity to schools, banks and supermarkets, URBAN GATEWAY is the best choice for those looking to make their next move.

Expressing his views on the latest partnership HNB and Kelsey Homes, Eardley Perera - Chairman of Kelsey Developments PLC stated, “We salute HNB for their foresight in recognizing the advantageous location for URBAN GATEWAY, by providing potential homeowners up to 75% of the house value as a loan. As the pioneering real estate developer in Sri Lanka, we are looking at ways to provide new, exciting offers for our clientele. This partnership with HNB, one of the leading banks in the country, is aimed at helping new house owners a very motivating solution to their financial needs. We have also given them the opportunity to pay over an extended time period which will enable them to better plan their financial future."