Daily Mirror - Print Edition

Nivasie’s Orchid Phase II rides high on Orchid Malabe success

03 Oct 2016 - {{hitsCtrl.values.hits}}      

Nivasie Developers, the property developing stalwart of Sri Lanka, is catering to a new wave of real estate demand in Malabe, with its recently launched Phase II of the Orchid Apartment housing project.


Property is now one of the safest and most sought-after investments in Sri Lanka, with potential home-owners and investors pre-booking the Orchid Apartments during the launch. This comes in the wake of Nivasie’s remarkably successful completion of the ultramodern Orchid Malabe urban housing neighbourhood and Phase I of the Orchid Apartments, also located in Malabe. The new project addresses the demand for affordable, safe and reliable residential living options in the area.
Nivasie, a subsidiary of International Construction Consortium (ICC), counts over 15 years of experience in the real estate industry and has developed over 2000 housing units across the island, benchmarking standards in the building and construction industry in Sri Lanka. ICC, a leading general contractor has over three decades of experience in multi-sector constructions and is today a locally and internationally accredited trailblazer among construction and engineering companies in 
the industry. 


Phase II of the Orchid Apartment housing project too, as with Nivasie’s previous projects, is being developed to meet and exceed expectations of the modern-day home-owners. This large-scale housing project will comprise of 156 apartment units, including six duplex apartments. The base plan for all units has been optimized to provide residents the best eco-friendly atmosphere available, providing stunning views in all directions and leaving the natural habitat in the 
vicinity undisturbed. 


An elevated driveway provides a resort style grand entrance for all occupants and their visitors. Construction of the apartments will be completed by December 2017. Facilities such as a fully equipped gymnasium, swimming pool, gated-security, back-up generators, air conditioning, smoke/heat detectors and elevators will be available.  For prospective buyers and investors, Nivasie’s latest construction is the ideal investment due to Malabe also being a focal point in Sri Lanka’s Megapolis Urban Development Plan.   A limited number of Orchid Phase II Apartments are available from Rs.10 million onwards and can be reserved with a cash deposit of Rs.500,000. Interest free payments are made available during the construction period, as well as bank loan facilities.