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Colombo 4, Colombo

Colombo 4, colloquially known as "Bambalapitiya," is a coastal suburb of Colombo, Sri Lanka, known for its vibrant atmosphere, rich cultural heritage, and diverse community. This area spans approximately 1.5 sq km and is bordered by the Indian Ocean to the west, creating a picturesque setting that blends urban life with the tranquillity of seaside living. Bambalapitiya is characterised by its bustling streets, eclectic mix of residential properties, commercial establishments, and educational institutions, making it a lively hub for both locals and visitors.


The real estate market in Bambalapitiya is dynamic, with a mix of old colonial-style houses and modern high-rise apartments. The area has seen significant growth over the years, becoming a sought-after location for real estate investment due to its strategic location, accessibility, and the lifestyle it offers. Its proximity to the ocean, major roads, and business districts in Colombo adds to its appeal, making it a prime location for those seeking a balance between city life and serene coastal living.

Bambalapitiya's evolution from a primarily residential area to a bustling urban suburb reflects Colombo's overall urban expansion and modernization. Today, it stands as a testament to the city's ability to preserve its cultural essence while embracing the conveniences of modern urban living. Bambalapitiya offers a unique blend of experiences, from beachside leisure activities to shopping and dining in diverse establishments, catering to a wide range of tastes and preferences.
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City Insights

tick iconExcellent connectivity via road and rail, with numerous bus routes and train stations.
tick iconCentral location with easy access to Colombo's main business districts and leisure zones.
tick iconBooming real estate market and thriving commercial establishments.
tick iconRich historical background with colonial architecture and historic sites.
tick iconVibrant community life with a blend of local and expatriate residents.
tick iconA melting pot of diverse cultures, reflected in its food, festivals, and community events.

Known Landmarks

  • Kathiresan Kovil

  • Majestic City

  • Unity Plaza

  • Ocean View Tower

Connectivity

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Bus Routes

100Panadura - Wellawatte - Pettah
101Moratuwa - Wellawatte - Pettah
102Moratuwa - Bambalapitiya - Kotahena
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Nearest Train Stations

0kmBambalapitiya Railway Station
1.2kmKollupitiya Railway Station
4kmWellawatte Train Station
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New Developments

tick iconSeveral new and upcoming luxury apartment complexes enhancing the skyline and residential options, such as Star Life Residencies, Blue Ocean - Frankfurt Place and Blue Ocean - Layard’s Road.
tick iconUpcoming extension project for Marine Drive, enhancing coastal access and views.

Featured Projects

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What’s great here?

tick iconExcellent connectivity via road and rail, and easy access to the rest of Colombo via major roads and public transport.
tick iconDiverse dining, shopping, and entertainment options catering to all lifestyles.
tick iconProximity to several reputed private to premium healthcare services. hospitals, ensuring access
tick iconHome to several leading schools, colleges, and other educational institutions, making it an ideal location for families.
tick iconConsidered one of the safer areas in Colombo with a low crime rate.
tick iconCoastal environment which offers a unique blend of urban and beachside living.
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What needs attention?

tick iconTraffic congestion during peak hours can be challenging.
tick iconA need for more green spaces and public parks for recreational activities.
tick iconEnhanced street lighting and pedestrian zones could improve safety.
tick iconGreen spaces are becoming more and more sparse as new real estate projects come into play.
tick iconHigh degree of vehicular congestion due to the presence of several prominent schools, and since more and more commercial, apartment and housing units are popping up in the area.

Neighbourhood Rating

4.4

out of 5
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Commute
Connectivity & Commute4.5 out of 5
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lifestyle
Lifestyle & Facilities4.5 out of 5
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insurance
Safety & Security4.5 out of 5
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plant
Environment4 out of 5

Property Price Trends in Colombo 4 for

Buy
Rent
Bedrooms:
Average Price (Last 12 months)
Rs. 42,042.12 sqft
Past 12 months' growth
9.34%
Positive Trend
Past 3 months' growth
-2.27%
Negative Trend
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Price information is based on historical data from ads posted on ikman and may not reflect the full market dynamics.

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