Prime Lands Residencies PLC, the condominium development division of Prime Group, has initiated the process of transferring property deeds to residents at The Palace Gampaha. This event signifies a crucial achievement in the establishment of the largest planned community in Gampaha, reinforcing the company’s dedication to fulfilling its commitments to clients.
Situated merely 100 meters from Kandy Road, The Palace Gampaha is recognized as the largest gated residential community in the area, featuring 480 fully furnished two and three-bedroom apartments. These residences are crafted to provide families with a comprehensive living experience that includes modern conveniences and long-term value. Following the successful completion of this landmark project, Prime Lands Residencies PLC has begun transferring legal ownership to homeowners, instilling confidence in their investment’s security.
The deed transfer process, as the largest condominium community in Gampaha, marks an important milestone that necessitates careful planning and coordination. Prime Lands Residencies PLC has successfully obtained all necessary statutory approvals, including certifications from the Condominium Management Authority, as well as the registration of the Condominium Plan and Deed of Declaration, ensuring that the development adheres to Sri Lanka’s legal and regulatory standards.
Submit Your Press Release
Get your company news, announcements, launches, appointments and events in front of a wider audience.
For homeowners, receiving a deed goes beyond a mere legal procedure; it signifies the formal acknowledgment of ownership and concludes the homebuying process. A registered deed grants homeowners complete legal title to their property, protecting their investment and allowing them to manage their asset with confidence for future endeavors, such as selling, transferring, or passing it down to heirs. Therefore, the initiation of deed transfers at The Palace Gampaha offers homeowners a sense of security and peace of mind associated with legally recognized ownership.
This achievement underscores Prime Lands Residencies PLC’s commitment to maintaining transparency, professionalism, and accountability throughout every phase of the development process, from construction and handover to legal ownership.
Currently, a limited selection of apartments remains available, with fully furnished, move-in-ready units starting from Rs. 27.5 million.
With the commencement of deed transfers at The Palace Gampaha, Prime Lands Residencies PLC continues to enhance its reputation as a reliable developer, providing not only exceptional homes but also secure investments and vibrant communities for future generations.
