global-lakeside-residencies-rajagiriya Rajagiriya
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Global Lakeside Residencies

By Global Housing & Real Estate
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Rajagiriya

TOTAL UNITS

6 Floors, 15 Units

UNIT SIZE

690 - 1,450 sqft

PROJECT STATUS

Ready

PRICE RANGE

LKR 35m - 59m

There is something special about finding a home in Colombo that escapes the concrete jungle, replacing it with abundant greenery, sun rays reflecting off the lake’s ripples, and a refreshing breeze like a soothing balm to the mind and body. Not every residential project offers this luxury, especially in a suburb known for its rapid growth and infrastructural development. But this is where Rajagiriya stands out.


Comprising fifteen units, spanning six floors, Global Lakeside Residencies in Rajagiriya is adjacent to Heen Ela Canal, a historic waterway from the Dutch era, which adds a picturesque element to the area. The canal meanders through the suburb, providing a tranquil backdrop and a touch of nature right at the doorstep. Lake Drive offers a scenic route parallel to the Heen Ela, enhancing the area's charm. With lush greenery surrounding the canal, residents at this property can enjoy stunning views from their one-, two-, or three-bedroom apartments.

Rajagiriya, once a quiet suburb, has rapidly transformed into a lively residential hub. Its strategic location, located between Colombo's bustling city centre and serene green spaces, makes it an attractive choice for homeowners and investors alike. The area has seen significant growth in real estate, with modern apartment complexes and upscale developments becoming increasingly prevalent. Along with these, retail stores, boutiques, and restaurants have sprung up across the area, giving residents more reasons to love their home.

Furthermore, Colombo is only 10 minutes from Rajagiriya. The ease of accessing a range of amenities and commuting to other parts of the city for work, studies, or leisure is an added advantage. Nearby, schools such as Gateway College and President’s College benefit families with school-aged kids. Parks, outdoor recreational spaces, and pretty tree-lined roads make fitness routines even more pleasant. Together, Rajagiriya currently stands as a popular place to live, placing properties with a unique feature or view on a well-deserved pedestal.
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Amenities

Parking Space
Waste Disposal
Air Conditioning
Gymnasium
Fire Detection & Safety
Elevators
CCTV Security
Hot Water System

Highlights

Strategic location, close to Colombo
Abundant greenery and scenic views of Heen Ela Canal
Growth-driven suburb enjoying rapid development
Upscale property developments create an elite neighbourhood
Plenty of outdoor spaces and other amenities within easy reach

Explore Neighbourhood - Map View

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Rajagiriya Area Guide

Rajagiriya, a vibrant suburb in western Colombo, is a unique blend of urban energy and suburban serenity. Spanning just 0.72 sq km and home to 3,591 people, it has a population density of 4,988 per sq km, offering a close-knit community feel with the conveniences of city living. This suburb has transformed remarkably over the past decade, evolving from a mere swamp to a modern urban hub, largely due to post-war development and significant infrastructure projects like the Rajagiriya Flyover.


The real estate landscape in Rajagiriya has seen a surge in luxury apartment complexes, attracting a diverse mix of residents and driving up property values. This trend has positioned Rajagiriya as one of Colombo's most sought-after suburbs. Notably, the suburb still maintains green spaces, offering a refreshing contrast to its urban development.

The transformation of Rajagiriya from a previously underdeveloped area to a modern urban enclave demonstrates significant progress and development. Today, Rajagiriya is a prime example of the rapid urbanization experienced in Colombo. It seamlessly combines urban amenities and residential comfort, making it a desirable location for both living and investment. Rajagiriya's development trajectory highlights its status as an emerging urban community within the Sri Lankan capital, indicative of the broader urbanization trends in the region.
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What’s great here?

Drive time into Colombo is approximately 10 minutes (off-peak) and 30 minutes during peak traffic times.
Home to the Rajagiriya Flyover which aids in easing some of the traffic congestion.
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What needs attention?

Heavy traffic congestion during peak hours.
A significant shortage of buses after 8 pm.
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Rajagiriya Neighbourhood Rating

4.4

out of 5

Developer

global-housing-&-real-estate
Global Housing & Real Estate
TOTAL PROJECTS
350
YEARS OF EXPERIENCE
20

Global Housing and Real Estate (Pvt) Ltd, a distinguished member of the Global Group of Companies, excels in luxury apartment development and construction in Sri Lanka. Renowned projects like The Kingdom – Sigiriya, Marriott Residencies – Colombo 06, Grand Residencies – Nuwara Eliya, and Ocean Breeze – Negombo highlight its portfolio.

As Sri Lanka’s premier developer, it offers comprehensive property development services. It is dedicated to delivering innovative, value-added products tailored to market demands. With a business approach grounded in discipline and transparency, it has fostered enduring relationships over 18 years, earning an unshakeable reputation among high-net-worth individuals and both local and international investors.

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Similar Projects in Rajagiriya

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Property Price Trends in Rajagiriya for

Buy
Rent
Bedrooms:
Average Price (Last 12 months)
Rs. 36,221.19 sqft
Past 12 months' growth
-5.51%
Negative Trend
Past 3 months' growth
3.05%
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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