Development News: The Oval View Residencies housing project in Wanathamulla Borella, built for public servants, will be inaugurated by the Minister of Urban Development and Housing, Prime Minister Mahinda Rajapaksa on the 5th of this month.
According to the Deputy Director General (Property and Land Management) of the Urban Development Authority, EAC Priyashantha, all 608 houses in the housing complex project, which was launched on a pre-sale basis, have now been sold to government officers and government servants.
Rs. 5.5 billion is the initial projected cost of the whole project.
There are 304 houses with 3 bedrooms and 304 houses with 2 bedrooms in the apartment complex. One is 680 square feet in one house and 880 square feet in the other.
This fully designed complex of apartments consists of 25 floors. It is fitted with a car park, a children’s park, two gyms, a shopping center and a swimming pool.
The apartment complex is located near the P. Saravanamuttu Stadium (Oval) in Wanathamulla.
Officers and employees who have been in the public service for 15 to 20 years have purchased these houses and they have obtained these houses with loan facilities under the concessionary payment scheme, according to the Deputy Director General of UDA.