Mr. S. Thumilan Chairman

Blue Ocean Residencies is a subsidiary of Blue Ocean Holdings – a Group of companies marking international presence with diversified interests in the fields of Education, Construction, Corporate Consultancy, Trading, Electrical and Engineering Consultancy.

Our purpose is to revolutionize current industry standard in the sectors of Property Development and Real Estate.

Our aim is to develop high-end Residential and Commercial properties with innovative and practical Architectural designs catering to requirements of both Industry and Government establishments.

Our Group has a clear strategic direction developed by professionally qualified, competent and experienced corporate planners in its management. As such, the Group continues to perform well and in line with expectations despite the current challenging global economic environment.

The Group continues to build on its goal pursuit of being a leading global market brand with strongly felt presence. In the last two years, the Group has strengthened its reserves, increased its turnover and improved its capital position. Having already aligned the Group’s structure with its high—quality portfolio, the Group now continues its focus on the path towards sustained profitability and catering to newly emerging business opportunities worldwide.

One of greatest Assets of Blue Ocean Residencies’ lies with its high-profile Human Talent found with its Team Members representing the roles of Architects, Engineers, Accountants and other Industry Professionals.

Our philosophy is simple and that’s to ensure those only renowned subject specialists are entrusted to perform stipulated tasks. In comparison with market standards, each Blue Ocean professional’s contribution tends to add ‘Real-Value’ to the organization’s link- chain as they are the most highly-qualified, competent and well experienced in the construction relevant industry fields.

‘Sea-View’ Project @ # 03, Samudra Mawatha, Mount Lavinia

This project is located in Mount Lavinia in an enchanting coastal, lush Green Coconut Palm tree sea-side surrounding offering bright, warm sunlight and invigorating fresh sea breeze! Utmost priority in design concept has been focused on spacious rooms, privacy in access, fresh air ventilation and circulation with a practical room layout. Each apartment is equipped with its own large private balcony and a hypnotic view of the majestic and tranquil Indian Ocean! A mesmerizing view of the turquoise blue ocean waters, golden beaches and a panoramic view of the city of Colombo is what await you from your own private balconies! Spend a little quiet time on the balcony and let yourself be lulled by the soft sound of the sea waves and the lilting ocean breeze dance on your face. Let tranquility enfold you by the gentle and soothing lull of the ocean as it caresses and relaxes you whilst you inhale the fresh and unpolluted sea breeze!

The Residential Rooms are designed to deliver sophistication with elegance. The atmosphere of tranquility and relaxation tend to be enhanced by the natural blend of pastel-tiled floors. The serenity of the private balcony overlooking the sea and the city view add to the appeal of these Bedrooms. A spacious bathroom with a shower cubicle and all amenities complete the ambiance of the Bedrooms. Mirroring the kaleidoscope of life and nature, the fusion of sky with earth is seamlessly reflected in captivating architecture of these apartments whilst merging luxurious modern amenities and entertainment in a sophisticated cosmopolitan setting – all located right in the heart of Mount Lavinia!

‘City-View’ Project @ # 48, Templer's Road, Mount Lavinia

It is a Super Luxury Apartment located here in a high class, decent residential area with an 80-foot boundary-facing access roadway. Mount Lavinia is long known to cater to demographics that cater to a majority of upper and middle income class with sound educative background. Famed for its "Golden Mile" of beaches, it has often been a hot spot for tourism and laid back nightlife. It is one of the most liberal regions in Sri Lanka and plays host to the island's Annual Gay pride and Rainbow Kite Festival.

This town is one of the few pleasant punctuating features on the coastline near the capital and frees one from the congestion of bustling Colombo. In the sea side, the mazes of lanes are studded with attractive colonial villas mostly shaded with canopies of bougainvillea trees. Combination of lovely scent of frangipani with fresh sea breeze makes the area refreshing.

‘City and Sea-View’ Project @ # 03, College Avenue, Mount Lavinia

An architectural design luxury apartment in the heart of Mount Lavinia is located here with a captivating city and sea-side surrounding which offers bright, warm sunlight and invigorating fresh sea breeze. This apartment is designed with the aim providing office and living space under one roof. College Avenue project represents refined living in an exclusive complex which is home to some of Sri Lanka’s best known personalities as well as expatriates from all over the world.

Here again, the atmosphere of tranquility and relaxation is enhanced by the use of pastel tiled floors. The serenity of the private balcony overlooking the sea and the city-view add to the appeal of the Bedrooms. Moreover this is situated near Prominent Schools, Leading Magisterial Court Complex, Star Class Tourist Hotels, A variety of Thematic Restaurants etc punctuate truly cosmopolitan surroundings.

Blue Ocean Residencies does not solely focus on traditional construction but endeavors to develop innovative services to enhance the value of your property and investment by creating opportunities for

• Sales and Repurchase Arrangements: These innovative services which are introduced by the Group to the Sri Lankan market would enable property investors to earn higher and secure income returns in property security. This option of guaranteed higher returns is when comparing with the traditional investment option of depositing one’s hard earned money in Financial Institutions that discounts inflation and market appreciation of monetary value. Our objective is to make property investment a Movable Liquid Asset where an investor can cash his / her property investment at the prevailing appreciated market price whenever he / she wishes to dispose whatever residential property acquired.

• Property Exchange: If dissatisfied, an Investor will be able you to swap an existing property with another vacant from the Group’s property although conditions would apply

• Real estate Advisory and Management: The Group would provide a realistic accurate market research and consultancy in guiding prospective investments of investors towards hi-yielding returns and guidance on potential areas of investment for higher appreciation of Land value, Deed Validity, Arranging Tenants, Assistance in obtaining Capital Finance for purchase of an Investor’s land and Property Assets etc.

Property market in Sri Lanka is currently booming with property owners experiencing higher appreciation in property values. The credit goes to the government for implementing favorable growth economic policies by increasing the demand for property. Firstly, by the Government’s introduction of lower lending rates which enables buyers to obtain loans for purchase at lower cost and Secondly, by boosting inflow of long-stay tourists such as Foreign students, Foreign medical patients, industrial contractors (Chinese, Indians etc.) and potential business initiators etc. This focus will increase the demand for apartments in Sri Lanka and ensure an enhanced return from rent income as well as an appreciation in property prices because these long-stay foreigners will find it cheaper to rent apartments rather than residing in hotels.

The Construction Industry in the city has faced many unethical business practices by Unprofessional builders who have destroyed customer confidence. The Company’s vision is “to be the most highly respected company in the industry”. To achieve this vision we have to build, maintain, protect and enhance our reputation among our employees, customers, supply chain partners and investors, as well as among the community at large. A fundamental contribution to making this vision become a reality is our robust approach to corporate responsibility, led by the Management and embedded in all processes and services the Group tends to undertake as a business.

Blue Ocean Residencies operates under sound Corporate Governance and all its business dealings with public are honestly carried out and conducted in an open, transparent and ethical manner.