2026-03-25
Prime Lands
(Pvt) Ltd proudly announces its landmark project, YOLO by Prime Lands has
received BOI-approved project status, recognizing the development's strong
potential to drive economic development and attract foreign investment,
delivering strong urban appeal.
Accordingly,
a USD 52.5 million investment agreement has been inked between Prime Lands and
the Board of Investment of Sri Lanka (BOI), demonstrating the Group's robust
financial standing, strong governance standards, and long-term commitment to
strengthening Sri Lanka's real estate sector.
Located in
Makola, Kiribathgoda, YOLO by Prime Lands is a pioneering residential
development designed to redefine elevated urban living. Just 5 minutes from the
Kadawatha Highway Entrance, the project offers seamless connectivity to major
cities including Kandy, Kurunegala, Galle, Matara, and Hambantota within 1½–2
hours, and Colombo is less than 30 minutes away. Situated in a flood- and
landslide-free zone, YOLO is built on 13 acres and comprises 476 apartments
with 46 buildings. Each features a 2,000 sq. ft. rooftop garden with BBQ and dining
areas.
The
project offers a diverse mix of 2- and 3-bedroom apartments complemented by
over 100,000 sq. ft. of shared premium facilities. Amenities include a 3-lane
bowling alley, cinema, coffee shop, co-working space and business lounge,
karaoke club, coin-operated laundry, mini supermarket, swimming pool with pool
bar, fully equipped gym and CrossFit gym, paddle court and sports club, jogging
path, and a celebration hall.
Construction
is progressing on schedule and all units advancing as planned to meet promised
specifications and timelines. Designed in 2024, YOLO by Prime Lands features a
modern, future-ready architectural vision, seamlessly blending contemporary
design with innovative elements, redefining elevated urban living.
Apart from
the architectural and lifestyle appeal, YOLO by Prime Lands is designed to
generate direct and indirect employment in construction, property management,
maintenance, and service sectors, contributing to national economic growth.
Located in Kiribathgoda, a growing real estate corridor with strong
connectivity and infrastructure, the project offers an attractive opportunity
for local and international investors.
Apartments
begin from LKR 35 million with a 1% monthly, 100% interest-free payment plan.
The project is designed for capital appreciation and rental potential, with
investors having the opportunity to achieve up to 100% return on investment.
YOLO reflects Prime Group's dedication to strengthening Sri Lanka's real estate
sector, for promoting sustainable development and enhancing Sri Lanka’s
reputation as a hub for investment and modern living.
About Prime
Group
Prime Group,
the Real Leader in Modern Real Estate in Sri Lanka with a 30-year legacy
of contributing to the country’s urban development and economic progress. Over
the past three decades, the Group has delivered more than 70 housing and
apartment developments and over 10,000 land developments across residential,
commercial, and lifestyle sectors, shaping modern living and working environments
throughout Sri Lanka.
Beyond real
estate, Prime Group is guided by a strong commitment to nation-building,
sustainability, and social responsibility, investing consistently in
initiatives that support community wellbeing, critical infrastructure,
healthcare, and education, extending its impact well beyond business.
பிரைம் குழுமம் இலங்கையின் முதன்மையான ஆதன கொடுக்கல் வாங்கல் அபிவிருத்தி நிறுவனம் ஆகும். இது துணை நிறுவனங்களின் சக்தி வாய்ந்த கூட்டத்திரட்டை கொண்டுள்ளது. நாங்கள் ஒன்றாக இணைந்து சொத்து தேவைப்பாடுகள் ஒவ்வொன்றையும் பூர்த்தி செய்யத்தக்க புதுமையானதும் மதிப்பு மி