Home
RegisterWhat's new with this? Is there any ground work going on at the moment or its on hold for good?
Search
Latest topics
Disclaimer
Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker
4 posters
What's new with Krrish project
Ukboy- Top contributor
- Posts : 360
Join date : 2014-02-28
chinwi- Top contributor
- Posts : 999
Join date : 2014-02-23
I couldn't see any activity (from outside).
Hawk Eye- Posts : 428
Join date : 2014-03-11
The new Sign Board in the front of the site shows a diminished building design from the mega skycraper...iT just looks like the old Cargills building
Sriranga- Veteran
- Posts : 3226
Join date : 2014-02-23
Location : Colombo
The government has signed no investment agreement with India’s Krrish Group for a construction project on a four-acre land in Colombo Fort, said investment promotion minister Lakshman Yapa Abeywardena.
The project in question will not be referred to parliament until the full payment for the property is made, he said.
If Krrish Group cannot start the project, it can hand it over to another investor or join together with another investor as per the country’s laws, he told the media in Colombo today.
It has paid Rs. 4,355 million for the land, and the balance payment of Rs. 639.5 is still due, with the government adding a 12 per cent interest owing to its failure to make the payment on time, he said.
The Krrish Group has said that it would construct five towers, including one with 85 floors, which will house luxury apartments, shopping complexes and a 7-star hotel on this land, given it on a 99-year lease by the UDA.
Source:Sundaymirror
The project in question will not be referred to parliament until the full payment for the property is made, he said.
If Krrish Group cannot start the project, it can hand it over to another investor or join together with another investor as per the country’s laws, he told the media in Colombo today.
It has paid Rs. 4,355 million for the land, and the balance payment of Rs. 639.5 is still due, with the government adding a 12 per cent interest owing to its failure to make the payment on time, he said.
The Krrish Group has said that it would construct five towers, including one with 85 floors, which will house luxury apartments, shopping complexes and a 7-star hotel on this land, given it on a 99-year lease by the UDA.
Source:Sundaymirror
_________________
"Investing is easy to learn, but it takes a lifetime to master."
» CCS.N0000 ( Ceylon Cold Stores)
» Sri Lanka plans to allow tourists from August, no mandatory quarantine
» When Will It Be Safe To Invest In The Stock Market Again?
» Dividend Announcements
» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්රතික්ෂේප කළ ගණිතඥයා
» SEYB.N0000 (Seylan Bank PLC)
» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
» The Korean Way !
» In the Meantime Within Our Shores!
» What is Known as Dementia?
» SRI LANKA TELECOM PLC (SLTL.N0000)
» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
» Equinox ( වසන්ත විෂුවය ) !
» COMB.N0000 (Commercial Bank of Ceylon PLC)
» REXP.N0000 (Richard Pieris Exports PLC)
» RICH.N0000 (Richard Pieris and Company PLC)
» Do You Have Computer Vision Syndrome?
» LAXAPANA BATTERIES PLC (LITE.N0000)
» What a Bank Run ?
» 104 Technical trading experiments by HUNTER
» GLAS.N0000 (Piramal Glass Ceylon PLC)
» Cboe Volatility Index
» AHPL.N0000
» TJL.N0000 (Tee Jey Lanka PLC.)
» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
» Bitcoin and Cryptocurrency
» CSD.N0000 (Seylan Developments PLC)
» PLC.N0000 (People's Leasing and Finance PLC)
» Bakery Products ?
» NTB.N0000 (Nations Trust Bank PLC)
» Going South
» When Seagulls Follow the Trawler
» Re-activating
» අපි තමයි හොඳටම කරේ !
» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
» SAMP.N0000 (Sampath Bank PLC)
» APLA.N0000 (ACL Plastics PLC)
» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
» Banks, Finance & Insurance Sector Chart
» VPEL.N0000 (Vallibel Power Erathna PLC)
» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
» WATA - Watawala
» KFP.N0000(Keels Food Products PLC)
» Capital Trust Broker in difficulty?
» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
» What Industry Would You Choose to Focus?
» Should I Stick Around, or Should I Follow Others' Lead?