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Colombo 1, Colombo

Colombo 1, popularly known as Fort, is where the pulse of Sri Lanka’s commerce beats the strongest. Enveloped in a rich tapestry of history, this district serves as the cornerstone of the nation's colonial heritage and its leap into modernity. Once an actual fort built by the Portuguese in the 16th century, later revamped by the Dutch, and then by the British, today's Fort area is a dynamic blend of the old and the new. Here, historic buildings and colonial architecture stand in striking contrast to sleek skyscrapers and the bustling Colombo Stock Exchange.


Fort is not merely a business district; it's a living museum. Landmarks like the Old Parliament Building, the Grand Oriental Hotel, and various colonial-era buildings give it an unmistakable character. Amidst these relics of the past, modernity makes its mark with towering structures like the World Trade Centre. Fort is also a central node in Colombo's transport network, making it a gateway for both local and international visitors exploring the city.

Yet, Fort is more than its commercial vibrancy and historical sites. It's a symbol of Sri Lanka's resilience and ambition. As the district continues to evolve, it retains its historical charm while adapting to the demands of the 21st century, making it a unique blend of the past and the present in the heart of Colombo.
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City Insights

tick iconCentral Colombo, embodying both historical significance and modern development.
tick iconKey transport hub with easy access to the rest of Colombo and the island.
tick iconCenter of commerce, housing major corporations and financial institutions.
tick iconRich colonial past visible in its architecture and layout.
tick iconBuzzing with business professionals, tourists, and locals.
tick iconA blend of colonial heritage and contemporary urban life.

Known Landmarks

  • World Trade Centre

  • Old Parliament Building

  • Dutch Hospital - Shopping Precinct

  • Colombo Galbokka Lighthouse

  • Fort Railway Station

Connectivity

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Bus Routes

100Panadura - Fort - Pettah
101Moratuwa - Fort - Pettah
102Moratuwa - Fort - Kotahena
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Nearest Train Stations

0kmFort Railway Station
1.1kmSecretariat Halt Train Station
2.6kmSlave Island Train Station
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New Developments

tick iconConstruction and introduction of modern apartment complex projects such as Shangri-La Circle, ITC Ratnadeepa and Harbour View Residencies.
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What’s great here?

tick iconA central location which serves as a major transportation hub, with easy access to a variety of bus routes and the Fort Railway Station, facilitating seamless travel within and outside the city​​.
tick iconThe blend of historic sites like the Old Parliament Building and modern structures such as the World Trade Center creates a vibrant urban environment​​.
tick iconThe district's evolution into a dynamic commercial centre hosts major corporations, financial institutions, and the Colombo Stock Exchange, offering numerous employment opportunities​​.
tick iconA mix of colonial architecture and new developments provides a unique living and working atmosphere, appealing to professionals and history enthusiasts alike​​.
tick iconOffers convenient access to a wide array of public services and amenities.
tick iconThe presence of significant governmental and commercial institutions contributes to a heightened security environment, with various safety measures in place for residents and workers.
tick iconDespite its urban density, certain areas within Fort offer green spaces and leisure activities that contribute to the area's livability​​.
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What needs attention?

tick iconEnhancements in pedestrian infrastructure and further development of public transport options could alleviate traffic congestion and promote more eco-friendly modes of commuting.
tick iconExpanding residential spaces and improving access to everyday conveniences would attract more people looking to reside closer to their workplace within the city.
tick iconIntroducing more recreational and cultural activities could enrich the social life of residents, making the area not just a business district but a lively community hub.
tick iconA lack of green and recreational spaces when compared to other parts of Colombo.

Neighbourhood Rating

4.1

out of 5
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Commute
Connectivity & Commute4.5 out of 5
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lifestyle
Lifestyle & Facilities3.5 out of 5
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insurance
Safety & Security5 out of 5
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Environment3.5 out of 5

Property Price Trends in Colombo 1 for

Buy
Rent
Bedrooms:
Average Price (Last 12 months)
Rs. 151,361.25 sqft
Past 12 months' growth
-8.98%
Negative Trend
Past 3 months' growth
-11.63%
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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