Blue Ocean Group and BOI ink US $ 3.38mn project

Blue Ocean Group inked a US $ 3.38 million project with Sri Lanka’s Board of Investment (BOI), strengthening its position with business continuity. 

No. 15A, Layards Road, Bambalapitiya, Colombo 4, is the site of the newest high-end residential development by Blue Ocean Group. 

Its dedication to reshaping city life via cutting-edge design and expert construction is on full display in this historic project.

Blue Ocean Group has built a name for itself as an exceptional, trustworthy and value-creating development firm thanks to its lengthy history of producing renowned commercial and residential projects and its unwavering commitment to innovation. Offering first-rate residences to discriminating citizens and lucrative prospects to global investors, it has been a pioneer in Sri Lanka’s real estate revolution for more than 40 years, with more than 3000 customers. Its goal in creating this Layard’s Road project was to provide first-rate vertical living that combined aesthetics with structural perfection.

The four pillars upon which every Blue Ocean project rests—beautiful architecture, high quality, a prime location and financial potential—put the company head and shoulders above the competition. 

As a construction partner of Blue Ocean, Link Engineering (Pvt.) Ltd has a history of successfully benchmarking the highest level of quality. Link Engineering ensures that every project is completed with the utmost precision, quality and dependability, drawing on its 44 years of engineering brilliance. With its extensive knowledge and experience, Blue Ocean ensures complete control over timetables, standards and outcomes for a wide range of projects, from high-end condominiums to critical infrastructure. 

The group’s leadership has just been further solidified with the signing of the agreement with the BOI. This cooperation demonstrates the government’s trust in Blue Ocean to spearhead important national programmes and emphasises its contribution to responsible and creative development, which drives economic progress. 

This development combines urban convenience with refined serenity in a prime location in one of the most desirable residential areas in Colombo. About 55 large, well-decorated apartments will be housed in the 11 stories of the building, which will be above three levels of parking. 

Natural light, ventilation and expansive views of the city are prominent aspects of the con-temporary interiors of each home, which are based on European architectural principles. By October 2025, the project is expected to be finished. 

Contemporary lives are catered to by a carefully selected choice of modern facilities and high-quality finishes, which the residents will love. Families and professionals alike will appreciate the thoughtful design that prioritises comfort, elegance and practicality. 

This site provides unrivalled connection and convenience, situated in the centre of Bambalapitiya. Some of the best schools in the city are conveniently located near ICBT Campus, St. Peter’s College, Visakha Vidyalaya, Colombo Hindu College and others. Conveniently located near Majestic City, Liberty Plaza and the beautiful coastline promenade, this area is perfect for shopping, dining and recreational activities. Also, getting around Colombo is a breeze thanks to the well-connected transit options available along Galle Road, Marine Drive and the Bambalapitiya railway station. 

An ISO-certified conglomerate, Blue Ocean Group is well-known for its 200-plus, prompt project completion and customer-focused service.