Sri Lanka, Aug. 14 -- In a landmark real estate transaction that has made history, Home Lands Group, Sri Lanka's leading and most trusted property developer, has acquired a prime one acre land parcel in Thummulla, Colombo 7, for a staggering Rs. 4.5 billion, marking the highest ever recorded price per perch in Colombo at Rs. 29 million.

This deal is not only the largest single land transaction in the commercial and residential real estate history of Colombo but also paves the way for a visionary urban development that is set to redefine luxury living in the heart of the capital. Following this historic acquisition, Home Lands officially announced the launch of Pentara Residencies, Thummulla Handiya, The Address in Colombo a bold and ambi...