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A land deal that marks a milestone in the history of prime estate business
If you heard that a 53-perch block of land had been sold for a price as high as Rs.530 million, you would surely presume it should be a block located in a commercial centre or a precious residential area in Colombo!
Well, if you presumed so, you are mistaken.
This precious piece of land is situated in a city in our upcountry renowned for its scenic beauty and cool climate.
The tycoon who readily purchased this land which is currently the premises of a fuel-related business venture is said to be a member of a very high political family in the country. He has picked this land as the site for a multi-billion venture he has planned to launch, they say.
According to the leaders of the country’s prime estate business, this land deal marks a historic occasion where a perch of prime land had fetched the highest ever price in our country!
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