LankaPropertyWeb (LPW), Sri Lanka’s No. 1 actual property property portal hosted its first Property Builders’ Discussion board in collaboration with Hatton Nationwide Financial institution PLC (HNB); a premier personal sector industrial financial institution working in Sri Lanka, on the twenty sixth of August 2022 at Waters Edge, Battaramulla.
The occasion was organized completely for land property builders of Sri Lanka, and attended by administrators, CXOs, and managers from round 33 land growth corporations, together with Prime Lands, Residence Lands Holding, Kelsey Houses, Araliya Lands, Promise Lands.
Opening the occasion, Mr. Daham Gunaratna, Managing Director of LankaPropertyWeb mentioned, “On this world, all constructions are constructed upon land, that’s the reason the worth of the land performs a key function in the actual property market. Resulting from this cause, together with requests from our stakeholders, is why our first Property Builders’ Discussion board centered on the lands phase.”
On the occasion, LankaPropertyWeb launched its unique 2022 Land Worth Index that’s constructed based mostly on the asking costs of lands within the Western Province. The index is the corporate’s second information pushed index, along with the most well-liked Home Worth Index.
Presenting the LPW Land Worth Index on the occasion Mr. Tharindu Jayarathne, Head of Analysis at LankaPropertyWeb mentioned, “We needed to create a single answer platform for consumers and sellers to investigate guideline land value information in Sri Lanka to make their smart selections successfully and effectively. This index captures quarterly modifications in land costs in probably the most populated province in Sri Lanka, the Western Province. Within the evaluation, we used publicly accessible asking costs for naked lands revealed in LPW and in different on-line media. This was a problem due to the heterogeneity of lands and vast variation in land costs, as a consequence of completely different situations and unavailability of transacted costs.”
Straying away from the norms of conventional advertising and marketing to digital advertising and marketing, Head of Advertising at LankaPropertyWeb, Mr. Keith Madampage, offered on the discussion board, “Whatever the business, digital advertising and marketing is definitely on the forefront of at the moment’s enterprise”, defined Keith. “We had been in a position to increase consciousness and conversions by realigning our market technique, assets, and launching worth additions to our on-line market, and by strategizing using social media, we created a platform that permits us to achieve our target market whereas leaving an enduring impression.”
Collaborating within the occasion, Mr. Asir Nawaz, Assistant Normal Supervisor – Enterprise Improvement of Prime Lands Residencies PLC mentioned, “LPW Builders’ Discussion board 2022 helps to uplift the actual property business requirements. Particularly the way in which LPW analyzed and offered the Actual Property market information and insights had been certainly helpful and a watch opener in strategizing future initiatives.”
Mr. Lalinda Kalubowila, CEO of Kelsey Houses shared his ideas on the occasion, “It was a pleasure to affix the Property Builders’ Discussion board 2022 organized by LankaPropertyWeb. A particular because of the LPW group for his or her efforts to arrange such interactive boards for us to guage new developments in actual property and property growth, particularly throughout these difficult occasions. As Sri Lanka’s pioneering actual property developer, we are going to proceed to interact with our enterprise companions to mitigate the continuing challenges and uncover new alternatives for traders and residential consumers.”
The Normal Supervisor of Araliya Lands and Houses, Mr. Prabath Gamage additionally spoke extremely of the discussion board, “We noticed new developments, market behaviors, and competitor evaluation on the occasion. Additionally, the elements of gross sales and advertising and marketing had been totally mentioned, and the occasion concluded efficiently with the group at Lanka Property Net.”
Mrs. Lanka Jayasinghe, Director Operations and Administrations of Residence Lands Holding, mentioned “Within the information pushed world, analytics is crucial in determination making. The insightful info we obtained from the occasion, actually shone a light-weight on how actual property operations ought to be run.”
Mr Daham Gunaratne additionally added, “Initiating as a Actual Property platform supplier 15 years in the past, we at the moment are, not solely the No.1 actual property on-line market, but in addition the supplier of fully-fledged actual property options to the market; uplifting the requirements in the actual property business. The market analysis performed and indices created by our Information & Analysis group is an instance of how we now have expanded our companies to additional serve the business. We want to sincerely thank our companions and stakeholders within the business for working with us hand-in-hand prior to now 15 12 months and proceed to companion with us in our journey.”
