World · Sri Lanka Bureau
Prime Group breaks ground on Elizabeth residential project in Colombo 7
Prime Group has commenced construction of The Elizabeth, a major residential development in the heart of Colombo's prestigious Colombo 7 district. The project marks another significant investment in Sri Lanka's urban real estate sector.
LSN Sri Lanka ·
Prime Group has launched construction activities on The Elizabeth, a substantial residential development located in Colombo 7, one of the capital's most sought-after neighbourhoods. The commencement of building works represents a continued commitment by the developer to expand its portfolio within Colombo's prime residential zones.
The project is positioned to contribute to the ongoing development of the Colombo 7 area, which remains highly attractive to both local and international investors seeking premium residential properties. The location offers accessibility to key commercial and administrative hubs while maintaining the area's established residential character.
The development comes amid sustained demand for quality residential accommodation in Colombo's central districts. Prime Group's investment signals confidence in the local property market and the potential for continued growth in the capital's real estate sector.
Full details regarding project timelines, specifications, and unit availability are expected to be released as construction progresses.