The inception of initial construction of 96 Residencies Pagoda by JAT




Following the success of its two previous projects; 77th on 4th Nawala and Forest Hill Villas, Amunugama, JAT Property Group, a vertical of JAT Holdings, broke ground on its third development project, ‘96 Residencies’,  in Pagoda, Nugegoda.

The well-attended event was held at the auspicious hour of 9.35 am on Thursday the 21st of September 2017 in the presence of many invitees. Among them were Mr. Indika Samarasinghe and Mr. Varuna Gomis from IWA, Mr. Kalana Alwis, Mr. Hettiarchchi and Mr. Wickremasinge from Nawaloka Construction, Prof. Chithra Weddikkara and Mr. Susil Weddikkara from Qserve and Mr. Mahendra Jayalath of EnergySolve International.

JAT Holdings was represented by its Managing Director Mr. Aelian Gunewardene and Director Mr. Richard Gunewardene.

JAT Holdings has been in the business of transforming spaces for the past 24 years and has a reputation of offering its customers extremely high quality products.  The core value of exceeding customer expectation is rooted deep in the corporate culture and stems from the Managing Director and founder himself, Mr. Aelian Gunewardene.

‘96 Residencies’, aptly named after its postal address, No. 96 Pagoda Road, consists of 54 luxury apartments.  The unit mix consists of 2 and 3 bedroom units (excluding the maid’s room and toilet) and is conveniently located close to the Kotte junction. The building will occupy a space of 52 perches in a rapidly developing neighborhood.

The building consists of 3 floors of parking including the basement floor as well as 9 floors of residential units with 6 units per floor. The rooftop consists of 2 swimming pools – a kids’ pool and an adults’ pool, a fully equipped gym, a BBQ grill and a common area for residents to relax in the evening and enjoy a beautiful sunset.

The 2 and 3 bed room apartments range from 900 sq. ft. – 1475 sq. ft. and are completed with luxury fittings. With an average square foot price of Rs. 22,875, a private to common area ratio of 3:1, ‘96 Residencies’ offers its customer great value for money and would be second to none when compared with other residential apartments in this price range.

96 Residencies was designed by IWA architects and will be constructed by Nawaloka Construction. The project will be managed by Qserve, and is scheduled to be completed in 18 months and will be environmentally friendly.  The water used for washing cars and irrigating the plants and grass on the premises will be harvested rain water.  Further, parking slots will be equipped with a charging port for electrical vehicles.

The state-of-the-art building will be equipped with CCTV cameras, smart card access keys and a 24 hour security service. A number of units has already been sold at the pre-launch but there are still many remaining for those looking for a luxurious apartment to live-in or for those simply looking for a good investment.