Sri Lanka’s Altair adjudged best condo in Asia for architectural design

Nov 16, 2018 (LBO) - Sri Lanka’s Altair has beaten condominium developments in 15 countries in Asia including Singapore, Hong Kong, Japan, China and Australia, to win the ‘Best Condo Architectural Design’ award at the 2018 Asia Real Estate Summit (ARES) hosted by PropertyGuru Asia in Bangkok, Thailand. Altair was honoured at PropertyGuru’s ‘Best of the Best’ awards, at which individual winners selected at country award events throughout the year, were contenders. Markets from Sri Lanka to China competed at the largest Grand Final event to date of the 13 year old Asia Property Awards, attended by more than 500 guests, with developers from Japan and Australia making their debut at the ceremony. The countries that competed for awards were Singapore, Thailand, Malaysia, Indonesia, Vietnam, Sri Lanka, China, Hong Kong, Macau, Mongolia, Australia, Japan, Philippines, Myanmar and Cambodia. Altair’s award was accepted on behalf of promoter Indocean Developers by two of the Company’s directors, Jaideep Halwasiya and Pradeep Moraes. With structural construction completed and 70 per cent of its apartments sold, Altair is scheduled to commence the handing over of apartments to buyers in March 2019. The building comprises of two tower blocks, a 63-storey sloping tower which leans in to a taller, 68-storey vertical tower. Acknowledged as a new paradigm in contemporary living in Sri Lanka, the Altair building has already brought a new dimension in aesthetics to Colombo’s skyline and offers its 400 apartments spectacular views of the Beira Lake, the Indian Ocean and the city of Colombo. The development’s 1.5 million square feet of high-end eco-friendly living space is supported by 40,000 square feet of up-market retail space.