MTD Walkers offers affordable housing for public sector employees

15 May 2015 06:50 am - 1     - {{hitsCtrl.values.hits}}

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Integrated infrastructure and engineering solutions provider MTD Walkers PLC in partnership with the Ministry of Public Administration, Local Government and Democratic Governance and the Board of Investment (BOI) of Sri Lanka is offering public sector employees an opportunity to own apartments at Richmond Hill Residencies in Galle. 
Built under the Nila Sevana Public Servants Housing Project, public sector employees are given preferred pricing for the apartments, while they are also available for the private sector employees at a higher price. The housing project will extend to all districts to meet the growing demand for quality built, affordable homes for public sector employees. 
At an event held last week, Minister of Buddhasasana, Public Administration, Local Government and Democratic Governance Karu Jayasuriya, handed over Memorandum of Understandings (MoUs) to 50 prospective buyers for Richmond Hill Residencies in Galle.  Each buyer also received a token gift from the MTD Walkers PLC as a sign of appreciation for the trust they placed in the company and committing to buy the apartment upon completion.  
Speaking at the event, Pravin Peiris, Head of Operations - Wincon Development Ceylon of MTD Walkers PLC hailed the efforts and the commitment by the Ministry of Buddhasasana, Public Administration, Local Government and Democratic Governance and BOI to promote house ownership amongst public sector employees.  He further added, “We look forward to continued support from the Ministry and BOI as we look at building similar housing projects in other areas in Sri Lanka,”
Richmond Hill Residencies in Galle is approximately three kilometers from Galle town and is minutes away from the prestigious Richmond College, public transport, and numerous convenient facilities.  The 512 homes are available in a three bedroom 695 square foot home or in a three bedroom 776 square foot home.
Richmond Hill Residencies will be ready for occupation in August. 
MTD Walkers PLC, in operation since 1854 is the seventh oldest company in Sri Lanka and is a listed company in the Colombo Stock Exchange. 
MTD Walkers is engaged in multidisciplinary engineering activities locally and overseas including civil, marine, mechanical, and electrical engineering work, pile construction, power generation, manufacture of tea machinery for the plantation industry, building services, and real estate.


 

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  • RANJITH Saturday, 16 May 2015 10:42 AM

    Housing for middle income famililies is a great necessity especially in Colombo. As an incentive to offer affordable units to such catagories of people the Government should offer lands free of cost to reputed private sector building contractors on the undertaking that they will charge only the construction and promotional cost from the buyers. Such a scheme will not only address the accute housing shortage but also fuel the growth in the construction sector with much avenues for employing skilled workers. Ranjith


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