Speed Land breaks ground for “Speed City” in Kottawa


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Speed Land (Pvt) Limited, the newest member of Speed Group of Companies, launched its first housing development project “Speed City” at Kottawa recently.


Expressing his views on the unveiling of this property and housing development project, Nishantha Delgoda, the key architect behind the founding of Speed Group of Companies said:
‘‘There is a sizable number of young executives employed in the private sector and in government institutions at different levels. Their dream is to purchase a plot of land in a suburb of Colombo and build a house they could call their own. 


We launched “Speed City” at Kottawa to give these youngsters a viable option to realize their life-long dream. 
The “Speed City” Property and Housing Development Project is ideally and conveniently situated on the main route linking Homagama to Colombo. Kottawa is an environment-friendly location with all conveniences for peaceful living. Our objective is to establish the same trust and confidence in the property and housing development sector as we have done through providing safe, purified bottled water to the people of Sri Lanka for the past 15 years. In keeping with our mission to serve the people with integrity, we assure clear title deeds to all customers who purchase plots of land in the “Speed City” project. We have also taken all necessary steps to safeguard 100 percent the trust and goodwill of our clients.” 


Speed City” is a Property and Housing Development Project encompassing 40 plots of land with pipe-borne water, three-phase electricity, a wide network of roads and all other conveniences. It is situated in close proximity to the Kottawa entry point of the Expressway. With easy access, one can reach Colombo within a short time span.


These plots of land will be sold at prices to match the respective income levels, especially of private sector executives and the middle class. Steps have also been taken to arrange credit facilities from recognized commercial banks to prospective buyers.


Speed Lands (Pvt) Limited is a member of the Speed Group of Companies. Speed Water Systems, Speed Auto Care and Speed Motors are the other members of the Group. Speed Group of Companies is the brainchild of  Nishantha Delgoda, also sister concern of Sritrims HK.



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