Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* New laws to be introduced in Sri Lanka to allocate state lands to construct condominiums
Sun, Mar 2, 2014, 12:52 pm SL Time, ColomboPage News Desk, Sri Lanka.

Mar 02, Colombo: The government of Sri Lanka has decided to allocate state lands to the private sector to construct condominiums.

Laws to facilitate this move are to be introduced in parliament shortly, the local media reported.

The new legislation will be introduced as regulations under the Land Development Ordinance, Land Grants (Special Provisions) Act and the State Lands Ordinance.

The law is being drafted in line with a recommendation made by Lands and Lands Development Minister Janaka Bandara Tennakoon to the Cabinet of Ministers.

The decision to assist the private sector in building condominiums is expected to help increase the housing facilities in the country.

ColomboPage - Recent 10 Stories
Sri Lanka, India depository systems sign MoU for knowledge sharing
-- [6 hours ago]
Opposition MP says former Sri Lankan President not disqualified from holding office as President
-- [6 hours ago]
Sri Lanka Army troops to support medical services in strike-hit hospitals
-- [7 hours ago]
Sri Lanka's Marxist party decides not to attend National Executive Council sessions
-- [7 hours ago]
Students of northern schools discuss shortcomings with Sri Lankan President
-- [8 hours ago]
Inquiry panel appointed to probe Sri Lanka Cricket administration
-- [9 hours ago]
Jonty Rhodes to arrive in Sri Lanka today on a short coaching stint
-- [9 hours ago]
Striking health sector employees of Sri Lanka face suspension if not reported for duty
SriLankan Airlines opens ticketing office in Anuradhapura
Sri Lankan court bars protests in Chunnakam suburb of Jaffna over gang rape and murder

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.