Prime Group Ended 2022 with Landmark Project Handover – ‘Evoke’ Kadawatha

February, 2, 2023

Keeping to its promises, Prime Group recently completed the handover of 63 housing units at Prime Evoke in Kadawatha. This was Prime’s 6th handover for the year 2022. Peace, quiet and connectivity have made Prime Evoke in Kadawatha a popular choice for homemakers.

“It is very satisfying for us to close the year with another successful handover,” said Ruminda Randeniya, CEO of Prime Lands (Pvt) Ltd. “It is in an excellent location at Kadawatha and very close to a host of shopping, restaurants, banks, schools, hospitals, bus stations, jogging paths and recreational areas. There are also several government and private institutions within walking distance. It is easily accessible and very close to the Kadawatha Interchange on the Southern Expressway with convenient connections to the existing and proposed highways. You can choose to travel to the Bandaranaike International Airport at Katunayake either on the highway or on the normal road through Ganemulla and Ekala. Kadawatha being on the main Colombo – Kandy (A1) road is one of the best-connected towns in Sri Lanka.”

Prime Evoke consists of two- and three-bedroom, single-storey and two-storey houses of between 731 to 1398 sq. ft. “The houses with unique design are ideally suited for those starting out in life with young families and also those who seek a calm and relaxing retirement.” continued Randeniya.

Several residents of Prime Evoke spoke at the handover ceremony. Prof. M.T.M. Mahees said, “I personally believe that the company would have had many challenges because completing this project in the country’s current economic environment is not an easy task. Therefore, we have to first thank them for completing the houses according to the required standards without compromising the quality and handing over to us. That is what we expect from the developer. That they have completed the task without harming the client is greatly appreciated. Even the common amenities are done well. I’m referring to things like roads, retaining walls and such. As human beings we have to be happy in our lives. Even a visitor who comes to our house says that this is a compact and beautiful house. It is easy to maintain even as you age. We are happy with this model because there is no wastage. We should therefore thank the residents also for choosing simplicity and elegance.”

Environmentalist Ms. Shamodi Ireshika Nanayakkara, owner of housing unit 68 said, “This is a really a good way to end the year 2022 and to mark the beginning of 2023. The past two-three years have been really difficult for the country, nationwide, with the Covid and the economic recession. One of the industries that was heavily affected was the construction industry. Despite the doubts that we had, as people who invested in Prime, we are proud because they have overcome all those difficulties. Thank you Prime for keeping that trust, in spite of the difficult times. I’m an environmentalist by profession and this is my first home. I’m from Kandy and a fan of nature and the village atmosphere. I was looking for a calm and serene environment and a simple house that could be easily maintained amidst our busy lives and not too far away from Colombo. I think I speak for all when I say that this project fulfills all those requirements. This is an ideal setting with sweet homes; cute homes that are affordable and with a simple lifestyle. Thank you Prime for bringing in this concept that blends into the environment.”

Prime Group Ceremoniously Hands Over Latest Villa Projects in Nugegoda and Thalawathugoda

November, 28, 2022

The Leader in real estate industry in Sri Lanka, Prime Group, ceremoniously handed over Prime Villas Nugegoda and Thalawathugoda to its homeowners. The latest two projects which were completed offers a premium living experience which includes a well-curated list of luxury amenities within the compound wall of a residential community, all at a very competitive price.

Addressing the ceremony, the Assistant General Manager - Projects Mr. Nishantha Ariyananda said “We haven’t compromised on the quality of our projects and we ensured that each and every villa was constructed with close supervision by professionals in their respective fields.” Further he highlighted the importance of maintaining and sustenance of the villas as any other property. “The return of investment has already almost doubled, and our customers reap the benefits today.”

Located in Kattiya Junction – Nugegoda, this latest villa project offers 12 well balanced, open living spaces of 1700sqft upwards, set over two floors and with double garages, and as far as residential projects are concerned, the compound ensures luxury as well as convenience.

Prime Villas Nugegoda Customer, Dr. Handagala speaking at the event said, “There were no compromises in the quality of the house. Prime Group delivered an extraordinary product as they speak on paper. Clear documentations fulfilling the legal requirements.”

This recent event also celebrated the handing over of “Prime Villas Samagi Mawatha”, a 1500sqft – 1700sqft, 3 bedroom, two-floored, double garaged, 8 villa compound located in the prestigious vicinity of Thalawathugoda. Although the project was completed and handed over previously to homeowners, celebrations were delayed owing to the pandemic situation in the country.

Prime Villas Thalawathugoda Customer, Mrs. Rumal Fernando speaking at the ceremony said, “The strength of Prime group is the quality of the work & the biggest asset of the company is their dedicated employees. Exceptional customer service and the after-sales service is commendable. Prime Group indeed delivered the Livable, Loveable, Neighborhoods that they promised.”

Prime Villas Nugegoda and Thalawathugoda is developed by Prime Group, the best developer in Sri Lanka and the first and highest rated real estate group in Sri Lanka with Credit Rating of [SL] A (Stable) by ICRA Lanka. At the event Prime Group Chairman, Brahmanage Premalal mentioned the importance on considering the developer where customers’ hard-earned money is entrusted or invested along with the development when making real estate decisions.

Prime Group has ongoing and completed projects with a portfolio of 29 individual housing projects, land projects spread across 18 districts in the country and more than 40 apartment projects located in Colombo and the suburbs; a testament to delivering on their promises to customers, and to the Group’s ever growing financial stability.

Prime Group Wins Two Gold Awards for Customer Engagement

October, 28, 2022

Campaign – ‘Good deed, is a good investment’

Prime Group, the leading real estate company in Sri Lanka won two Gold Awards at the 11th Global Customer Engagement Forum and Awards held recently, in recognition of its social media campaign carried out on Facebook over the past few months. The awards recognized the customer engagement from the 3rd phase of the campaign themed, ‘Good deed, is a good investment’. This award signifies Prime Group’s achievements in the said category for the third consecutive year.

“We are delighted at winning two gold awards,” said Deputy CEO of Prime Group, Ruminda Randeniya. “It is a very moving video clip that recognizes the good done by ordinary citizens and being able to reward them is always a pleasure. We, at Prime Group believe that this will encourage every human being to do good deeds.”

The ACEF Program is organized by a team of professionals from India, Sri Lanka and the UAE and is guided by Advisory Members from Branding, Marketing and Creative Agencies based in India, USA, Australia, Singapore, UAE and Sri Lanka. Their programs are focused on Customer Engagement Activities, Branding, Marketing, CSR, Rural Marketing, Properties (Hospitality & Real Estate) and HR, and are planned for India, Sri Lanka, the GCC Countries and the Asia Pacific Region.

Prime Group’s Deputy CEO further said, “As we continue our business, we wish to give back to society as well. Prime is always there to fulfill a person’s dream. By doing this social experiment, we were able to reward the citizens who share the same mentality and have the same ideas that we do. This award is testament to the fact that a good deed is a good investment. The analytics too prove the point, by having over 4M views, 123,000 likes, more than 23,000 shares and over 6,000 comments.”

The ACEF goal is to help professionals discover what solutions change-managers have found helpful to stay on current methods and tools; to network with colleagues and solution providers; to help in learning new trends, best practices and case studies; and to get a better picture of where the industry is headed. ACEF Forums feature in-depth discussions into the increasingly important "engagement" aspect of connection. It is one thing to know the customer and yet another to know how to engage each one of them.

“For over the years, Prime Group has built a reputation for customer engagements and earned the trust of all those who partner with us by building livable, lovable neighbourhoods where our customers can thrive”. Mr. Randeniya concluded. Watch the ‘Good deed, is a good investment’ video clip here (https://www.youtube.com/watch?v=v6htGdgPj_E).

LMD Listing Positions Prime Group Among Country’s Top 100 Corporates

August, 24, 2022

  • Prime Group recognized as Sri Lanka’s Most Respected Entity for 2022 in the Real Estate Sector

 Prime Group has gained recognition among the top 100 most respected entities in Sri Lanka and as the sector leader in the Real Estate Industry in a listing compiled by the leading business magazine, Lanka Monthly Digest (LMD) for the sixth year. It is one of Sri Lanka’s most awarded and most valuable groups of companies, owning the country’s largest land bank. With an ever-increasing portfolio of lands, homes, high-rises and ultra-luxury apartments to shape the neighbourhoods in Sri Lanka. This listing reaffirms the resilience of the Prime Group in challenging economic circumstances.

Through the inculcation of mutual respect into the corporate strategy and way of working at all levels of the organization, Prime has always earned the respect of the stakeholders. Respecting everyone’s ideas by establishing platforms to share opinions freely among the staff leads the group to continuously progress in the Real Estate industry. The designing and developing of all policies, processes and people of the Prime Group are focused towards creating consistent value and becoming a reliable entity.

At Prime, the management sets high standards whilst monitoring implementation and the expected outcome. Corrective measures are in place to protect the corporate image at all times and not merely when remedying a customer’s negative experience. Despite the very challenging situation faced by the country this year, Prime Group delivered the condominium projects ‘Java 25’ and ‘Desire’ in Colombo and the ‘Galle Heritage’ individual housing project in Galle and are planning to hand over a few more individual housing projects in the near future. It is by delivering on their promises that Prime Group builds the confidence of their stakeholders.

Group Chairman, Brahmanage Premalal welcomed the recognition saying, “We are humbled to have been recognized as a ‘most respected entity’ for the sixth time and Prime Group prides itself on being armed with a team of highly engaged employees and senior management. With a reputation for handing over projects to consumers as promised and without compromising quality standards, we are keen to develop the local real estate sector to be a key driver of economic growth as the trendsetter of the real estate landscape in Sri Lanka.”

The group being recognized as the first and highest credit rated real estate group in the country, with a reaffirmed rating of [SL] A with a Stable Outlook by ICRA Lanka, which the group has consistently received is independent confirmation of the stability and reliability which stakeholders appreciate. It is the effort of the Prime team, suppliers and contractors that ensures the customer’s dreams are realized as promised.

Prime Group, the undisputed leader in the real estate industry hands over ‘Heritage Galle’ to its customers

July, 27, 2022

Heritage Galle” - Fully sold out!

Prime Group, celebrated the completion of yet another exceptional, heritage inspired luxury living experience in the city of Galle. “Heritage Galle” the first and only luxurious villa project in the city of Galle is fully sold-out and the keys to the houses which boast of luxury and intimacy, were handed over recently, adding to the increasing list of fully completed individual housing projects by the Prime Group.

The key features of Prime Group projects are the convenience, connectivity and community of the carefully selected locations in all product offerings. The luxurious villa project ‘Heritage Galle’ is located in one of the most sought-after addresses in Galle. “This was a good investment made by my father,” said one occupant beaming with pride at his luxurious home. “There is a lot more potential here in Galle and it is the tourist capital of Sri Lanka,” he added. Another occupant of ‘Heritage Galle’ said that he came once, and there was no need to supervise after that as everything was being done very well. Another described his house as a quality product. “The house is beautifully finished,” said another proud owner. A housewife who spoke about her new home said that it has exceeded her expectations.

Deputy CEO of Prime Lands (Pvt.) Ltd. Ruminda Randeniya said, “Every completed project and handover with certificate of conformity are special for us at Prime Group. It is the culmination of a great team effort to deliver high quality housing in conformity with all regulatory requirements. ‘Heritage Galle’ is the fifteenth fully completed luxurious villa project delivered to our discerning clientele. Prime Group is proud to be the only developer in Sri Lanka who could keep to the promises and deliver fully completed projects even in these times of economic uncertainty. We truly believe that “Heritage Galle” is proof of our promise of creating liveable and lovable neighborhoods for our customers.”

“We at Prime Group strive to maintain the trust of our customers.  We are humbled and happy that we could hand over two more condominium projects to our customers during last month – “Java 25” and “Desire” located in Colombo 5.  We have four more projects nearing completion which will be delivered to the customers within the next three months.” Randeniya concluded.

Prime Group is ranked as the ‘Most Respected Real Estate Organization’ for four years and the ‘Most Awarded Real Estate Entity’ for two consecutive years, ‘Great Place to Work’ recognized Prime Group for six years as a team that works with commitment, passion and purpose.

Prime Group has ongoing and completed projects with a portfolio of 30 individual housing projects, land projects spread across 18 districts in the country and more than forty apartment projects located in Colombo and the suburbs; a testament to delivering on their promises to customers, and to the group’s financial stability. This was reaffirmed by the latest credit rating upgrade assigned to both Prime Lands (Pvt) Ltd., and Prime Lands Residencies PLC by the Independent Rating Agency ICRA LANKA LIMITED (Subsidiary of Moody’s Investors Service) from [SL] A- (stable) to [SL] A (stable) in April 2022. The rating upgrade coming at a time when the industry is facing adverse head winds from both the macro and micro environment, was highly welcomed by all stakeholders of the Prime Group.

 

Handing Over Ceremony of Heritage Galle

Heritage Galle Villas

 

Image Caption : Proud Owners of Heritage Galle Villa Project

Despite Challenging Times Prime Group Delivers on Promises

June, 27, 2022

  • Successful handover of 2 more seven-storey Condominium Projects at Kassapa Road Colombo 5

Prime Lands Residencies PLC have completed the construction of two more successful apartment projects at Kassapa Road, Colombo 5, and begun the handing over process to customers. Each apartment project consists of the ground floor and six floors built to the highest standards and in compliance with all regulatory requirements.

Executive Director of Prime Lands Residencies PLC, Nalinda Heenatigala said, “Despite the many challenges we had to face in the construction industry over the past two years, we are very happy to have completed both projects and begun handing them over to our customers. Our teams rallied round very well despite the Covid pandemic and the economic crisis to ensure that we deliver what was promised. We also appreciate very much the cooperation extended by the various regulatory authorities including the UDA and the Condominium Management Authority in this endeavor.”

The two projects ‘Java 25’ and ‘Desire’ are lifestyle apartment projects with 25 and 35 apartment units respectively and are equipped with elevator, swimming pool, gym, 24-hour security, parking facilities and standby generator.

“They are on the border of Colombo 5 & 7, and are within walking distance of leading schools such as Visakha Vidyalaya, Thurstan College, Holy Family Convent and Royal College. They have proved popular with investors and most properties have already been snapped up,”  Heenatigala  explained. The 2 and 3 bedroom apartments, offer privacy and seclusion with the convenience of luxurious urban living in a quiet environment.”

“We were recently honoured as the leading Real Estate Consumer Brand in Sri Lanka, and recognized as “The Best of The Best” and most valuable real-estate consumer brand in the country by LMD’s Brands Annual 2022” said Heenatigala. “We were also ranked as the Most Respected Real Estate organization for four years and the Most Awarded Real Estate Entity for two consecutive years. ‘Great Place to Work’ recognized us for six years as a team that works with commitment, passion and purpose. Prime will continue to offer strong support for the recovery of Sri Lanka’s economy.”

Prime Group has ongoing and completed projects with a portfolio of 29+ individual housing projects, land projects spread across 18 districts in the country and 41+ apartment projects located in Colombo and the suburbs which is a testament of delivering on their promises to the customers and the group’s financial stability. This was reaffirmed by the latest credit rating upgrade assigned to both Prime Lands (Pvt.) Ltd. and Prime Lands Residencies PLC by the Independent Rating Agency ICRA LANKA LIMITED (Subsidiary of Moody’s Investors Service) from [SL] A- (stable) to [SL] A (stable) in April 2022. Upgrading the credit rating during a time when the industry is facing adverse head winds from both the macro and micro environment, was highly welcomed by all stakeholders of the Prime Group.

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