Prime Lands Residencies Wins National Award for Construction Excellence 📈
Prime Lands Residencies PLC’s flagship luxury project, The Grand – Ward Place, was honored at the Sri Lanka National Construction Awards organized by the Construction Industry Development Authority (CIDA). • Key Recognition The award acknowledges outstanding construction excellence, high engineering discipline, and professional execution. The project serves as a benchmark for the real estate and construction sectors in Sri Lanka. • Strategic Partnership The project was executed by MAGA Engineering Ltd. as the Main Contractor. Architects and structural consultants were also recognized for their collaborative technical contributions to the landmark development. • Project Status & Pipeline • The Grand is now 100% sold out and successfully handed over to residents. • It is part of the "One Collection," Prime's ultra-luxury portfolio focused on high-value urban locations. • Upcoming project: Mon Vie – Thalakotuwa Gardens, Colombo 05, continuing the group’s focus on premium residential developments. • Economic Impact The completion of such large-scale projects reinforces trust in the local condominium market and supports urban transformation. Prime Lands Residencies recently reported robust financial health, with a total revenue of LKR 5.15 Bn for the first half of FY 2025/26.