1 February 2018 12:00 am
By Sarah Thadhani
Granite Capital (Pvt) revealed their plans for Sri Lanka’s first ever independent living community, Catalina Koggala, which is about 5-star luxury living experience for those over the age of 55.
Formed by a small group of high net worth investors—while Granite Capital retains majority ownership—the birth of Catalina will address a void in the market for deluxe independent living lifestyle.
Granite Capital has successfully launched projects like this in Indonesia, Thailand and Malaysia.
This exclusive 5.6-acre country club like resort community will offer 22 elegant fully furnished villas with two bedrooms, with resort like facilities offered along with access to a golf course if residents want to work on their strokes.
Granite Capital (Pvt) Ltd. Chairman, Brad West said, “Catalina will provide customized luxury villas for the discerning, affluent buyer who wish to have a retirement or second home in a peaceful setting.”
Catalina will provide its residents with organized daily activities in the purpose of promoting an active life style for those who want to stay healthy or just relax.
The price tag of a villa starts from Rs.32.4 million.
“Catalina isn’t just the villas. It’s a great resourceful lifestyle, it’s the services, the amenities and the people you’ll be interacting with around you which are just as important,” Granite Capital Managing Director Jeevan William said.
He also explained that it shouldn’t be confused for a nursing home.
There will be restaurants, themed movie nights, exceptional fitness and nutrition routines, first class medical facilities, chauffeur service to those who wish to hop on a Shuttle Bus to Galle or Colombo since the highway is just 10 minutes away.
Construction, according to Jeevan William, has already commenced and a show villa will be ready for display in 6 months’ time.
It is expected to take 18 months for the entire project to complete.
Its target market is mainly Sri Lankans living overseas and wishes to come back after a certain age to live closer to home but not necessarily in the city.
For those who want to actively ‘give back’ to the wider community, being part of this community will provide you with the opportunity to do so and the required resources as well.
Catalina Koggala isn’t going to be the only scheme Granite Capital and its group of investors will be doing, more developments can be expected in the future. About 55 percent of the investors of the project are local and the rest are foreign from Singapore, Australia and the U.S.