Colombo’s real estate bubble!

19 September 2016 12:00 am

A man walks past an advertisement of a hotels and apartment complex, in Colombo. Recently a private sector business leader called for government intervention to prick the real estate bubble in Colombo to create more opportunities for the country’s middle class. Currently a perch within Colombo city limits is sold at Rs.15 to 16 million
(Reuters Photo)