The Land Valuation Indicator (LVI) for Colombo District compiled by the Central Bank of Sri Lanka reached 138.9 in the second half of 2019, registering an increase of 10.4% compared to the second half of 2018 . LVI’s three sub-indicators, namely residential, commercial and industrial, contributed to this increase, theRead More →
As we are once again into the real estate tax payment season, I hear several stories and concerns about proper valuation of real estate properties. Many are surprised by the sudden increase in real estate values ​​as the basis for appraising the PPR with no clear legitimate reference to theRead More →
Whether investing in remote suburbs or closer to downtown, there are a few important factors to be aware of. Real estate is by far one of the most preferred long-term investments, followed by gold and bank deposits or long-term stocks / bonds on the stock exchange. In recent years, urbanRead More →