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Colombo

Colombo, the bustling commercial capital of Sri Lanka, is a district where history and modernity meet against a backdrop of colonial charm and skyscrapers. A dynamic blend of the old and new, Colombo is Sri Lanka’s ultimate hub of business, entertainment, and culture. The city's diverse neighbourhoods offer everything from bustling markets and gourmet restaurants to serene parks and beachfronts, catering to both locals and international visitors. Colombo's strategic location along major trade routes has historically made it a centre for commerce, a tradition that continues today with its thriving economy and vibrant lifestyle.


In Colombo, the lifestyle is as diverse as its architecture. The city pulses with a vibrant community life, where local traditions blend with a cosmopolitan sensibility. From the street food vendors serving delectable local cuisine to high-end dining experiences, Colombo caters to every palate.

The real estate scene is equally dynamic, with a range of options from luxury condominiums in the heart of the city to more tranquil residential areas on its outskirts, reflecting the city's growth and appeal to both local and international residents. This blend of lifestyle, community, and real estate development underscores Colombo's unique position as not just the commercial, but also the cultural capital of Sri Lanka, offering a rich, multifaceted urban experience.
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City Insights

tick iconExcellent connectivity, thanks to its roads, rail, and port.
tick iconColombo serves as Sri Lanka's primary international gateway, thanks to its strategic geographic location on the west coast, and major port, connecting the island to the rest of the world.
tick iconAs the economic hub, it's at the forefront of development, with sectors ranging from tourism to trade flourishing.
tick iconColombo's history is marked by its role as a significant port on ancient east-west trade routes, influenced by the Portuguese, Dutch, and British empires.
tick iconA diverse community, where traditional Sri Lankan lifestyles coexist with urban living.
tick iconA melting pot of ethnicities and religions, Colombo's festivals, cuisine, and art scene are vibrant.

Known Landmarks

  • Lotus Tower

  • Gangaramaya Temple

  • National Museum of Colombo

  • Galle Face Green

  • Old Parliament Building

  • World Trade Centre

  • BMICH (Bandaranaike Memorial International Conference Hall)

  • Nelum Pokuna Theatre

  • The Supreme Court of Sri Lanka

  • Colombo Town Hall

Connectivity

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Bus Routes

100Panadura - Pettah
102Moratuwa - Kotahena
103Narahenpita - Fort
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Nearest Train Stations

3.3kmFort Railway Station
4.2kmMaradana Railway Station
4.4kmBaseline Road Railway Station
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New Developments

tick iconGovernment to embark on the extension of Marine Drive from Dehiwala to Panadura.
tick iconA wide range of newly introduced and under-construction housing and apartment complex projects by both public and private sector developers, as well as international developers.

Featured Projects

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What’s great here?

tick iconExcellent connectivity via road and rail.
tick iconFrom street food stalls to high-end restaurants, Colombo's culinary scene is diverse. The city's nightlife and entertainment options, including cinemas, bars, and clubs, cater to all preferences.
tick iconColombo's rich tapestry of cultures offers an immersive experience in local traditions and global influences.
tick iconRenowned for its advanced healthcare services, hosting some of the best hospitals and medical research facilities in the region, ensuring high-quality care for residents and visitors.
tick iconThe city's educational landscape is robust, featuring prestigious schools and universities that offer a wide range of programs, making it a centre for academic excellence in Sri Lanka.
tick iconGenerally considered safe with an active community watch.
tick iconDespite urbanisation, places like Viharamahadevi Park offer lush, green retreats within the city.
tick iconThe blend of colonial architecture and historical sites, including the Colombo Fort and National Museum, adds to the city's charm.
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What needs attention?

tick iconWith Colombo's rapid growth, traffic congestion has become a significant issue, especially during peak hours.
tick iconEnhancing the efficiency and coverage of public transportation can improve accessibility and reduce reliance on private vehicles.
tick iconA need for more affordable housing options to accommodate the city's diverse population.
tick iconColombo's economic challenges have led to a slight uptick in disturbances in certain areas, slightly affecting their calm and security.
tick iconA need for better sustainable waste management practices to keep the city clean and environmentally friendly.
tick iconRapid urbanisation has led to a noticeable decline in Colombo's green spaces, impacting the city's ecological balance

Neighbourhood Rating

4.1

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

Property Price Trends in Colombo for

Buy
Rent
Bedrooms:
Average Price (Last 12 months)
Rs. 36,435.18 sqft
Past 12 months' growth
11.12%
Positive Trend
Past 3 months' growth
3.29%
Positive 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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