Sri Lanka’s boom time condos fail building rules

July 04, 2013 (LBO) - Over 71 condominiums, especially some built during a boom that ended in 2009 have failed to conform to building regulations, leaving those who bought them without deeds of transfer, an official said.
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But a number of apartments in Colombo have failed to conform to building standards and are yet to be approved by the condominium authority.


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CMA issues a certificate which facilitates the registration of the deed of transfer in the name of the buyer, after considering the Certificate of Conformity (COC) issued by a local authority.

"Most of these apartments were built with poor standards," Gamage said.

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"So the developers can't get the COC and we can't issue our certificate.
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There were 71 such files."

Apartments are typically sold before they are built with prospective owners pre-paying a deposit and paying in instalments as construction progresses.

Authorities are now developing a new process to make sure that developers conform to building regulations, he said.

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Though several large mixed development projects are now being proposed, especially with foreign investor involvement, the number of projects so has not returned to the level of the boom year.

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Sri Lanka's Condomini

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