Correction

In a note of clarification with regard to the news item titled “Colombo apartments to account for 4.5% of overall housing units next year” that appeared yesterday (21st), Condominium Developers’ Association of Sri Lanka Chairman and Director, Indocean Developers Private Limited, Pradeep Moraes, says the apartment units in Colombo are only poised to grow from 1.7 percent of the current total housing units in Colombo to 4.5 percent units “within the next few years (i.e.; by 2021/2022)” and not by next year. Mirror Business regrets the error.