Home Lands, a prominent player in the real estate sector, has announced that the construction of Central Park Boulevard Port City Colombo has achieved a critical milestone, with 60% of the piling work finalized within just three months of the project’s initiation. This advancement positions the project 10% ahead of its scheduled timeline. The efficient progress of the construction highlights Home Lands’ dedication to timely project completion, as well as its capacity to manage extensive developments through strategic planning, robust financial resources, and a cohesive business framework.
The overall development involves the installation of 192 piles, utilizing nine piling machines and collaborating with three major contractors: Access Engineering PLC, Sanken Construction’s San Piling (Pvt) Ltd., and D P Jayasinghe Piling Company (Pvt) Ltd. Their extensive machinery and expertise in piling operations underscore the swift and efficient progress being made at the site.
Central Park Boulevard Port City Colombo stands as a monumental investment in Sri Lanka’s real estate market, with Home Lands committing USD 150 million to the project, which has a total estimated value exceeding USD 300 million. This venture marks the largest real estate investment from a single Sri Lankan developer and is anticipated to generate substantial foreign currency inflows through international marketing aimed at a global audience. Situated in the esteemed Central Park District, this luxurious twin-tower project introduces a branded global lifestyle experience to Sri Lanka, offering residents an unparalleled living environment that overlooks nearly 40 acres of Central Park and the Indian Ocean.
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For potential investors, Home Lands’ impressive track record instills confidence in its capability to deliver successful projects. Recognized as Sri Lanka’s leading and most innovative real estate brand, Home Lands has received accolades including Best Developer – Sri Lanka at the PropertyGuru Asia Property Awards in 2021, 2024, and 2025. Additionally, the firm was designated as Sri Lanka’s only real estate Superbrand in 2025. With over 5,000 residences sold, more than 3,750 homes delivered, and an additional 400 units set for delivery this year alongside over 2,850 units currently under construction, Home Lands brings over twenty years of experience, significant scale, financial robustness, and proven execution capabilities to the Central Park Boulevard Port City Colombo project.
“The construction of Central Park Boulevard Port City Colombo is progressing well, with 60% of the piling work already completed,” stated Mr. Nalin Herath, Chairman of Home Lands Group of Companies. “Our vision of bringing a world-class lifestyle development to Port City Colombo is becoming a reality with the steady advancement of this project.”
Furthermore, Home Lands has demonstrated its long-term commitment to Port City Colombo by acquiring a second land parcel within the Central Park District, shortly after securing its first. This newly acquired parcel spans over 3 acres and is situated adjacent to the site of Central Park Boulevard Port City Colombo. This acquisition further illustrates the company’s financial stability and its ongoing dedication to investing in the future potential of Port City Colombo.
With the piling for Central Park Boulevard now at 60% completion and construction ahead of schedule, Home Lands reaffirms its commitment to delivering landmark developments on time, creating enduring value for homeowners and investors alike, and solidifying its position as the preferred developer for those seeking top-tier lifestyle options and substantial returns.
