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Sept 10, 2012 (LBT) - Citrus Kalpitiya, to build villas Citrus Kalpitiya, a unit of Sri Lanka's Citrus Leisure group stated that it will build 32 villas bordering a lagoon in the Indian Ocean Island's western coast to be sold on 99-year leases with an offer to manage on a time-share basis. The firm is also planning a hotel in 78 acres of land it has in Kalpitiya, an area made up of a peninsula and lagoon, north of Sri Lanka' capital Colombo.
The firm stated that it had acquired 35 acres for 67 million and secured another 42 acres on a 99-year lease from a company called Asia Sports Management Private Limited.
http://www.lbt.lk/news/business/2588-lagoon-villas
The firm stated that it had acquired 35 acres for 67 million and secured another 42 acres on a 99-year lease from a company called Asia Sports Management Private Limited.
http://www.lbt.lk/news/business/2588-lagoon-villas
