{"id":92290,"date":"2019-08-16T13:24:42","date_gmt":"2019-08-16T20:24:42","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=92290"},"modified":"2019-08-16T13:24:42","modified_gmt":"2019-08-16T20:24:42","slug":"colombos-property-value-to-rocket-following-completion-of-mega-project","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2019\/08\/16\/colombos-property-value-to-rocket-following-completion-of-mega-project\/","title":{"rendered":"Colombo\u2019s property value to rocket following completion of mega project"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy NewsIn.Asia<\/em><\/span><\/h2>\n\n\n<p>Colombo, Aug. 15 \u2013 With the completion of a mega China-funded port city project in capital Colombo, property value here is expected to increase within six years, a leading property report said.<\/p>\n\n\n\n<p>The report, titled Lanka Property Web, 2019, Real Estate Trend, said that with the completion of the Colombo Port City, business and residential areas in central Colombo will see a steep rise in property and rental values.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/newsin.asia\/wp-content\/uploads\/2019\/01\/269-hectares-reclaimed-from-the-sea-2-750x375.jpg\" alt=\"China\u00e2\u0080\u0099s Colombo Port City project gains acceptance among Lankans\"\/><\/figure>\n\n\n\n<p>Projects, including residential buildings, located around the Beira lake front are expected to double in value within the next six years while rental yields will also increase due to the need for affordable, convenient, contemporary living close to the Colombo Port City.<\/p>\n\n\n\n<p>The reclaimed land project of the Colombo Port City aims to develop Colombo as one of the most livable cities in South Asia.<\/p>\n\n\n\n<p>The mega Colombo Port City, being constructed close to the Colombo harbor, is one of Sri Lanka\u2019s largest foreign direct investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy NewsIn.Asia Colombo, Aug. 15 \u2013 With the completion of a mega China-funded port city project in capital Colombo, property value here is expected to increase within six years, a leading property report said. The report, titled Lanka Property Web, 2019, Real Estate Trend, said that with the completion of the Colombo Port City, business [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-92290","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/92290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=92290"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/92290\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=92290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=92290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=92290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}