Middle Income Housing Program
Housing for Middle income group of the country is an unanswered problem, especially in close proximity of capital city has been a well-known fact at least during past two decades.
Having analyzed the demand exist for housing amongst upper Middle and high income categories in urban areas, UDA have found the demand for housing is greater than ever. Hence the Government has decided to provide 500,000 housing units to middle income groups within the next 5 year of period. Based on the above scope, UDA has initiated several housing programme to meet the above objective at earliest possible. In line with captioned scope URPCC of UDA has launched a housing scheme for government sector employees, which comprises 608 housing units which one unit worth for Rs 8.5 million with facilitation of obtaining a loan on decent terms from commercial banks of Sri Lanka. Having observed the success of the first attempt, URPCC has decided to propose more housing solutions with fair profits to UDA.
1.1 Project objectives.
Breaking barriers to access for housing for middle income group and also to lobbing for middle income group to live in urban area with granting easy access to job destination.
2. Places Selected to setup housing towers
Prominent Locations of City of Colombo and suburbs
|Site||Land extent||Province||District||Division||Ownership states|
|Pelangasthuduwa , Borella||1.1107 Ha||Western||Colombo||Thimbirigasyaya||UDA|
Gingerhena Land, WeeraMawatha, Pannipitiya
|Irrigation Land, Golumadama Junction, Rathmalana||11.7 Ha||Western||Colombo||Dehiwala Mt Lavinia||Vesting need to be initiated|
|Maradana, Wajiraghana Mw.||1R||Western||Colombo||Maradana||UDA|
|KulasewanaWatta, Kottawa||5 Acre||Western||Colombo||Kottawa||Under Acquisition|
|Ambagahawattha,Maharagama||1 Acre||Western||Colombo||Maharagama||Under Acquisition|
4. Who a qualifying to apply : It’s depend on the Project
5. Procedure for applying : After advertised/published on the news papers
6. Financials: unit prices of a house : Borella Rs.8.5 Mn- 11Mn, Others not yet decided
7. Date of Commencement: Borella : May 2016 (Already Under construction)
8. Date of Completion : Borella – December 2019
(View of the 2 Bed Room Housing Unit)
(View of the 3 Bed Room Housing Unit)